Why does the financial media think that everyone wants the markets to go up? Even longs want the market to fall, to buy at better prices.
It's spin....they continue to manipulate the markets, that's their entire mantra. They play good cop bad cop.
but you won#$%$ see that information on CNBC or elsewhere. On CNBC, they'll tell you to keep buying, because the "YOU" in that sentence, are retail bagholders. They know the only way their clients can get out with a huge profit is if they tell the masses to keep buying. Does anyone deny this strategy? If you do, you're naive.
Why is it when the market goes down, like it did around October 15, the financial media comes out and says the markets are oversold, and yet when the market goes up relentlessly and parabolic since that time, you never see any financial media articles on how overbought the markets are?
It's actually a rhetorical question.....and I know the logical answer, I guess I'm wondering will this concept ever change?
This is very concerning to me. A Sherman act violation is a big deal, I'm not sure how much longer I can hang on, it looks like the legal cloud may hang around for awhile.
Now he's on CNBC saying they'll be at least 3 more years of double digit gains in the S&P. He and Jeremy Siegel say the same thing over and over again.
These clowns will do whatever the stock markets around the world want to hear. Nothing else seems to
Sure, the Dow and S&P are green. There's nothing stopping S&P 3,000 by January now. Earthquakes, famine, bombs, nothing at all.
Here's the info:
JPMorgan Says Sell U.S. Stocks, Buy Europe on Valuation
By Sofia Horta e Costa Nov 17, 2014 4:05 AM ET
"JPMorgan Chase & Co. told investors to dump U.S. equities in favor of their European counterparts.
The brokerage cut its rating on U.S. stocks to underweight, similar to a sell recommendation, from the equivalent of buy, while reversing the call for euro-area equities."
Sell everything...why wait? Don't listen to the media...they want you to chase stocks...."seasonality" they'll tell you....Well I guess it's been seasonality every month since 2009.....We're overdue for a 20% correction and bear market....let's get it over with, so we'll all have a good buying opportunity next year.
When the market starts falling, as it will tomorrow, Cramer will tell you to be cautious. Then, when it falls
further, he'll tell you to consider taking profits. Then when it revisits the lows, he'll tell you to get out. Then, if it starts heading back up, he'll tell you to buy.
There will no such thing as seasonality this year. Geopolitics will cause the markets to head much lower, and the weak global economy will adversely effect the US, and we'll head towards a recession. Oil is already crashing, the US markets will be next.
I won't let Cramer ruin your portfolio by telling you to get out when it's too late. I'll tell you right now.....start
getting out and take your profits this weeks, before it's too late.
Boom! Dow futures are now down over 60.......We're heading back down starting tomorrow....
There are many reasons for this, no catalyst to take the markets higher, earnings are over, geopolitical
headwinds, and a chart topping formation in progress. If I'm correct, the futures will open down at least 25
points after 6pm, as traders are also generally disappointed in the outcome of the G-20 meetings. Get ready for a volatile week.
There aren't enough buyers (volume), which allows the shorts to throw bigger numbers on the ask, until it just drifts down. In that respect, sure shorts have been successful. However, you and the others don't know when to say when....It's no different when longs get giddy and greedy when a stock goes parabolic, thinking it will never fall. Know when to take your profit.
No one is making $5,000 on a trade in a stock this illiquid. There's just no liquidity to get in and out with that type of position. Given today's announcement of their huge increase in global orders, shorts know they have to cover, and soon. That said, they keep trying to bleed it down to cover lower, creating the illusion there's a problem, when there isn't. There's no point in stop loss orders either....We just have to wait it out, and not try to make a million dollars in one day....it won't happen.