Guess you won't be very happy. Another bogus run up on declining rev and earnings. Analyst and wall street just got over again
Earnings are 50% lower than a year ago, yet stock hitting new highs everyday. Big disconnect , but thats true with the whole market. Earnings have been bad across the board, but who cares ? Earnings mean nothing in this market anymore. Just spin, spin, spin
You keep believing that line of bs from the talking heads and you will find out the hard way that this is the biggest scam market in history.
Because if they want the averages to go higher, the dow, they push ibm. It has nothing to do with earnings or anything else. Just compare the dow chart and ibm. Its really a joke to drop like a rock on earnings and a few weeks later spike up like nothing ever happened, but thats the case for the whole market. Bad news last about 5 mins, and good news is worth 200 pts, even if its really not even good news, as long as its not worse. Case in pt, hpq earnings compared to last year
Last week job #'s were still weak but beat estimates, market rallies and goes up 150 pts. Today jobs #'s were bad, but who cares , market already green again. The data released is meaningless, time after time, just another excuse to squeeze shorts and baffle any logical approach. I guess this market can go up everyday, with the economic #'s going down, the spin at an all time high , and Big Ben inflating stocks while punishing fixed income.
All in the span of 2 weeks, ibm is right back where it started when they annouced %$%$% earnings, and of course as ibm goes , so goes the dow. Who cares if revs are down, guidance was down, and trading at all time high to boot. Went down 12 pts that day, but everything is ok again in just a few short days
In this great hyped recovery, the market spikes up 150 when they add 150k jobs. They never mention that 350k , NEW people signed up for employment benefits. Thats a loss of 200k, but the spin never stops . Anything to make the king look good
Its got to be the biggest disconnect ever for the markets and reality of the economy, but it will probally continue. As long as there are no sellers , what can stop the madness
Bernanke tells us once again, there is no inflation. In fact he has been telling us this for the last 10 years. Gas has doubled in the last 4 years, and food not far behind. Funny how the 2 most expensive things in everyday life, are not even put in the gov equation. Always amazes me with the scams Wash gets away with . Let the lies continue
Market grinds all day yesterday just to close down 50 pts and they can throw a little $$$ at the futures and it opens up 50 like yesterday didn't even happen. This has got to be the most bogus market in history, but it doesn't matter. Bernanke is giving the banks 4 bil a day to prop up the markets, and it will continue forever, because the economy and employment sure aren't going to change
Hype tv is parading all the bulls out, Big Ben is up to usual BS, and evrything is perfect in the recovery world of wall street illusion. No bears anywhere in sight, only means 1 thing !
Wall street games at their best. Always do the opposite of what logic tells ya, and make $$$$. They do everything to screw with facts and logic, and spin everything into yet another lie. Pretty amazing at the #$%$ they get away with
If they would have tanked the markets there would have been a cliff deal a long time ago, but no, wall street puts in a bogus rally, so the idiots didn't care if they did anything or not. Now the deal won't address anything , and the market goes down. Wall street played all these fund managers, which never have a clue, and took their coins once again
Been covering my shorts the last few days and just closed out the rest. Went against me for awhile but just kept adding as I always had faith in the idiots that run our country
There was no reason for the markets to rally 100 pts yesterday, and today proves it. The idiots in Wash will bring us down, and even if they get a deal the dow has no business being at all time highs , but with Big Ben's free $$$$ , the smokescreen will continue
The excuse for every move is the #$%$ talk about the cliff, while we all know they will do some patchwork plan that doesn't address any of the problems. Can't believe we don't fire them all but instead the idiots keep electing the fools that got us into this mess
Funny how they won't let the dow go red , like they believe the idiots in Wash will resolve this. Its all noise anyway, but Big Ben lowers the outlook and the market rallies ? The best way to get Wash to react would be to tank the market , put fear in these chicken $%#$ politicians, and when they see everybody wealth going out the door, they would compromise. Why would they have to make a deal now, when the dow is only a few pts from all time highs, with an economy stuck in the mud. Big disconnect going on