yeah, I'm starting to understand the data now
huge inventory build is now good news...ignore the Durable Goods...lower the bar and everybody wins
my thoughts exactly...more homeless than ever
still want to believe yesterday's close was just the beginning...the smart money may lock in their 20 to 30% gains and call it a good year to enjoy the Holidays
may I add, NSA surveillance, bogus government economic data, manipulated corporate earnings, pending negative interest rates, no criminal penalties for corruption, a dysfunctional SEC, record global unemployment, record global youth unemployment, video games and social media...thank you for these gifts and the Pope's blessing
explains the huge drop in volumes and volatility. Watching Bot Trading is getting boring. The algos are in their infancy, and haven't learned to mimic normal market volatility. Sure it's a wonderful money making machine, but sooner or later, too good to be true ends ugly, but this time around, they kill the goose that's been laying the Bitcoin eggs.
but today's youth excels in video gamesmanship...a skill that can only be acquired through hours of mindless gaming in their parents basement...
the bar is so low on the other data including MOM Durable Goods at -1.6%, it will all be incredible good news that Ben will choke on...the end of QE and the greatest one year market run in history
lower the bar enough and a snake can slither over it...
HPQ- Earnings down 13% YOY, Revenue down 3% YOY, Cash Flow down 31% YOY...but I see your point
bye bye QE