One of the very few 'total collapse' stocks in the middle of by far the biggest Superbubble in history. Down almost 20% in 1 1/2 market days while even the weakest of the Superbubble stocks can't drop more than 4% without a V-shaped short squeeze.
No doubt Draghi will say a magic word that willl double the size of the Superdebt Superbubble Supersqueeze.
Dow up 1,000 easily on Thursday. Banksters up at least 10%.
Win-win, all the time!
Nothing can stop TBTF. Blue skies forever! The Central Bank that they own is their 'regulator', full 100% guaranteed taxpayer backing, Buffy ordering Obama, and Schumer running interference. It just doesn't get any better than this!
Computer algorithm short squeeze pointer landed on ticker JD today. Nothing more. It's all random number computer-driven short squeezes with free Bernanke money. The buyers don't even know what their computers are buying as they trigger other computers to join the squeeze.
Just buy the Dow and let the Fed drive the Dow stocks straight up every day.
One more phase of the Minsky Meltup and the NY Fed will post "Mission Accomplished" in their empty gold vaults.
Value has no meaning. Earnings have no meaning. Only free Fed money, sloshing around on hard drives, waiting for a squeeze, has meaning. Up we go.
Maybe tomorrow the big seller will get tired of selling...maybe not. It's tough trying to compete with bubble momo stocks.
Taxpayers lining up for another Subprime bailout in 3 years.
When the dollar weakens, Central Banks will short Ag down to zero. New Paradigm, baby. Central banks want to wipe out all competition as they take over absolute control of the world.
free money. BP, COP just so-so, but the Dow darlings CVX, XOM are on fire!
It just doesn't get any better than this!
It just doesn't get any better than this! Dudley was just a warmup. They'll all be on this week if the Dow drops more than 40.
It just doesn't get any better than this! Too bad HAL isn't in the Dow. The Fed would pop it at least $4 today.