Soon only the Fed, JPM and Goldman will be trading. Volume on today's expiry should be at least 120% right now but is 60% of recent volume while recent volume is at best 80% of historic volume in the past 5 years. Eventually we will run up 10% each and every day on 10% daily volume, with only the Fed, JPM and Goldman daily squeezing the few remaining shorts left in the market and all the rest "FIFM" (Full In Full Margin), counting their monopoly money.
Frustrating it is.
Non-GAAP, ex-items, tax-exempt numbers, formerly called 'earnings', have no meaning any more. Only printing and ZIRP have meaning. iIBM, being a major Dow pumpstock, must always recover. All "news" is good news. MSFT should be getting crushed on the AAPL- iIBM 'news'. But everything goes up. 'Non-GAAP announcement day' is simply a platform to BTFD and then squeeze shorts or to buy the panic gap-up and squeeze shorts with that day's free POMO money.
1999 echo-bubble is alive and well. As soon as Intel says, "mobile" in the CC it will spike at least $1.50.
earnings. Another quarter of opaque numbers backstopped by the opaque Fed.
be *Better* *Than* *Expected*. Just pick a number and make the talented FInancial Engneers and accountants backfill as necessary. Just like CPI, GDP, and all of the jobs reports. New Paradigm 21st century finance in all of its glory, backstopped by the opaque Fed's black hole 'swaps' and MBS 'purchases' with newly printed money.
It just doesn't get any better than this! Up 25 in 2 days and down 1 so far today in a "major correction".
The squeeze is going hyperbolic. $400 by Wednesday, new all-time highs by next Monday.
POMO today. POMO Wednesday. POMO Thursday. All that Free Virtual Money is going directly into squeezing AMZN shorts. It just doesn't get any better than this!
Easy 400 and all it took was a few words in a newspaper. Bubble On!
Buffy is all over Bubble TV and Yahoo Finance pumping the oilers. What's going on? This is a Superbubble. Buffy news should be good for at least a $5 pop for XOM.
Who needs Candy Crush?
The Bernanke Superdebt Superbubble is making everybody rich!
It just doesn't get any better than this. Bubble On!
It just doesn't get any better than this!
What a trip! No Fear. Buy ALL dips, especially before days that the Fed is pumping their stock market.
It just doesn't get any better than this! Buy ALL 'microdips' and wait for the inevitable Fed short squeezes.
With all those $5 July Call options open, there is no way that Goldman City will let this run. It has nothing to do with the company but everything to do with keeping those Hamptons mansions stocked with only the best wines.