Bond buying shmond buying, more of the same ramping of index futures into weekly expo.
And again today, they keep smacking it down from any dma to - for the day, and propping up the indexes accordingly.
What have had really, straight move down from 1700, all way to almost eleven. If the transfer that over to spy, you get that move up. They will stay at it, from now on as your right it's all that is there to get new highs. Has nothing to do w earnings, gdp, qe or anything.
What I am correct about is that the market fell hard once gold made it's move. If you had bothered to look at my past posts, I had said this market cannot handle up moves ten dollars or more. We are not talking about spot prices if you factor in the futures, that move also includes intraday moves down to 1129 as I had stated. Instead of pointing out my miscalucations, you should be trying to make money with the information like the rest of us...
50dma is 1204 if you factor in the low of 1129, it is back above it. Ipo price of baba means it is at a low for the year, anyway you cut it.
They will come in and ream it out now... Baba past ipo lows.
For those who haven't listened, watch what this guy really does...
Haven't seen that for two hundred points. Look out for war that isn't reported until after the fact, or it gets too nasty not to report. Bu this is when they troops back off and pull out.
What a joke this ipo market is. Where are all the matching orders from the mm's?
Cram it alllll the way down.
Good luck. There is always cheating w people associated with the entities that run things. Folks get squeezed out of things they are doing and don't get paid so they are jaded enough to do things on the side or after. The lawyers would'nt be able to make much of a living if it did'nt happen from time to time either.
Gold and metals will need a huge short infusion. This time it means war. With most countries in the eu already handed over their stashes to them, there will have to come some from somewhere. That means the brics, and they already have in place 100b new bank. So, THAT means the middle east, and with syria done that means back to iraq, and to use them as another stepping stone to get to iran's. Think that will be easy?
It is controlled by futures traders at the cme by the ny fed and matching orders from dark pools by citadel and virtu, and others owned by gs. This is why sometimes it flatlines to me at least, or takes some to spike up in am, or pm into the close. The big banks have to have their gravy train, no pullbacks and new highs will start to shock even the average investor. But what I think also will, is the prices of everything they buy. Sooner or later, people will have to trade stock or invest in the market going higher just to survive. How weird will that be, when you have hundreds of millions of people trading everyday on ecn's? What happens when the power goes...
I was removed today w no warning. Have been posting on spy for about four years. They do not like anyone posting negative info I think on the markets, as having been calling a top here. Communist censorship has now hit yahoo.
Not a bad idea. You can just buy aapl calls everyday, that seems to be working. Up ten points a week on bigger than expected market share. Don't worry about your new iphones being delivered unable to be docking at any port on w coast that are shut down. BREAKING news, new ipo for helicopter co that will be bringing in those phones, at record pace. Tsla partnering w aapl to make electronic engines. It NEVER will end...