given yesterday's pathetic volume, wouldn't get to excited....perhaps the days of bad news being good news are at end...might even see the lowest volume of the year going into the Holiday weekend imho
and they continue to pump the "cash on the sidelines" smokescreen. Take away the AAPL, MSFT, and GOOG cash being held off shore, and it becomes a nightmare. Going to be an interesting few weeks heading into the Fed meeting to see what the speculative Junk Bond Markets do, and how much more they can float before the June Hike.
even the news has turned into an evening comedy...if you didn't see this coming and have a guide dog...better hope nobody eats him before he's shipped to Venezuela...
even carried into the Evening news...can't recall so much trivial krap being sensationalized...hoping reality resumes tomorrow, but I suspect I'm just being irrationally exuberant pessimistic
maybe it's just me and the cheap wine, but this is truly getting old
borrowing a Billion a Day to Live the American Dream....enjoy it while it lasts
to make some decision that they need a GS green light for anyway...must be the the great Lox and Bagels
- National Debt...10.6 Trillion to 19.2 Trillion
- Fed Balance Sheet...0 to 4.5 Trillion
- Corporate Debt from 7 Trillion to 14 Trillion
- Consumer Debt from 6 Trillion to 13 Trillion
- Student Debt from 0.7 Trillion to 1.3 Trillion (excluding Disabled Student Debt Forgiveness
all within a Record 7 years....need $4 Billion a day to continue
so it begins
where data, revenue, earnings, and valuations are just a waste of time...the Flash Boys have won, now it just a question when the first gets greedy and pulls out
what a F-sham and shame now