Nice job there by the big boys to make sure things would'nt get out of hand again in middle east. Anyone notice this change in futures? Or, the move from dollars to .50's...
Guess I have been long gold from 1,200 as a hedge, but that won't last if we do move this way. Am currently short tsla, after doing it with aapl and some gld long options...
It's continuing to destroy the dollar, which is what they want. Getting rid of the average person's purchasing powering and making money at same time.
The direction of positive isn't anpostive enough, when you have 25% unemployent dragging down taxbases. There isn't a recovery yet. There is only a road to it, and that has failed due to too many socialist policies. Why else would the fastest growing company in france be one that rents clothes. People don't own SQUAT, and have not enough vested interest in the co's they work for either. Why else would they kidnap managers at a goodyear plant, and hold them hostage and light the place on fire?
I agree. One morning people will wake up and the down will be down 1,100 points. This thing won't end until it really ends.
The actual is much higher. The pro-formas and accountng gimmicks probably would double the pe with earnings projections at this point. The big co's are going to have this haunt them because the countries that they will need to continue their growth have massive currencies problems due to hyper-inlflation.
Let me guess. All the gurus from g20's meet and w putin, come to an agreement right before the third week of the month again for expiry. Market goes up +300 before the open that sunday night.
Some of the guys I follow saying that the a hours trade volume is moving higher each week with the weeklys expiring. Someone is said to be buying huge amounts of block shares 20 min after each close. This makes short very nervous overnight, enough to exit the market at open. I believe these are from those dark pools, that really don't exist. The shares do, but the money behind them doesn't. Confirm of this is one I saw today on fb at this time of 232,561 for 68.80. Why would anyone buy that much 15m worth, when stock is up 1.4? This could also be the big money exiting the market before another big gap down, as your saying 180. That to me is the only was we get there...
All time highs and you think it is foolish to go short after a 4k run on the dow? Hmmm, well how about prudent then. While you are at it, realize the following numbers and facts:
Dow 16,300 and dollar .79 in '14 is not an all time high. Why? Well look at this:
Dow 14,175 highs in '07 and dollar at 1.20 was. That is a decently strong currency. If you add up ALL the debt in last six or seven years and take off 35% of it you have .79. Do the same to the dow ACCORDINGLY with the math, = 10,600. It has gone DOWN not up. Also, factor in pro-forma accounting gimmicks, and economic 'revision's', you don't actually have any earnings up either. Shorting the tops has worked for me, and is a good way to make sure you don't lose the money you made and have from 2000. Which by the way was the high for the nasdaq. Fourteen years later you still haven't hit a high on that index it is more like 2,800. Unless you were in the right stocks, you haven't made money. If you ask your 401k, they probably won't buy them for you and your asset mgr will 'they are not on our list'.
The media and their bs spin hard at work for your friendly banks who won't loan you any money for anything but a house you can't afford to keep. Just because they say he is ordering anything, doesn't mean he is doing it. See any pictures or footage of it yet?
Exactly and well said. Just because the media says he is withdrawing, doesn't mean he is. I for one, don't see any pictures of that, or have seen any footage in the news at all. What I've seen is the opposite. It is obvious the news put out was to save the banks and markets in general.
They do in collusion, with gs ms and the banks they work for. The work they are doing is basically, designed to make you broke so you have to go along with their eventual austerity measures. Wake up.
I covered today. But I am always amazed at how much people want their fellow citizens, who can't get full time jobs, and or are trying to supplement their income w trading want 'their nuts crushed'. Well, just wait until your gov't does it to you there won't be any of us around to give you helpful advice. As I have on here. Just watch your dollar you pay for everything go to nothing, while they move the markets back up to new highs every week.
Even if they are, the russians will still have the gas pipelines to freeze europe if they want to. With prices going from 2 to 6, it is also more expensive. So I am sure they will run the prices up on them to stop production margins. That means bye bye recovery either way, here or there. Crude to 125...
This thing is not over, and market is now political again. One thing I have learned shorting these tops is weekly options are just as important. Won't be doing it again until thursday, and am just about even for the year due to these being out there...