The fed and gov. killed our banking rates to the point where Grandpa and Grandma have to get up each morning to play the market in hopes of scooping up some fast money to buy groceries for the day. PRETTY PATHETIC COUNTRY!!
The fed is not going to stand still for a recession so they will over react yet again with tons more QE should any data whispers a slowdown. IN FACT, IF THE US DATA SHOWED ECON WEAKNESS, THE STOCK MARKET WOULD FLY THAT MUCH HIGHER. That's how much things have changed when investing. Do the oppositie of what your brain tells you and make money practically every time.
TIP: As I pointed out after close of regular trading, the snakes in afterhours always push prices higher in hopes to catch you off guard. They know most people are buyers not sellers based on margin data, trends and stats, so if you are a buyer you're an easy target. DO NOT BUY OR SELL IN AFTERHOURS TRADING BECAUSE THE PEOPLE SELLING YOU STOCK ARE CROOKS, CONS AND SNAKES!!! CRIMINALS!!!
THE RICH ! MORONS FOR SELLING THEIR STOCK LAST WEEK. You'll never see those shares again M.F.s!!!
Buyer beware! FOMC speeks in 4 tranding sessions. I say buy into the buzz saw! How much of a buzz saw could it be, it's the lame dove Yellen who is always going to side with stock promotion.
TIP #2 : The only way markets like this go higher, where NYSE Margin Debt is over $460 Billion, is for more margin debt to push them higher. THAT'S WHY IT'S CALLED THE "FOOLS GAIME". The rich are hoping you now come in and buy their elivated stock prices that they are nervous about holding. JUST SAY NO and see what happens. Hard to sell stuff when there's no takers.
That's why I NEVER buy or sell in After Hours trading. It's death valley where only the fools and snakes lay around hoping for a handout. I'm not much for handing out to snakes and cons.
What is most troubling is that we couldn't hold 1,944, 1,935 nor the 1,929 levels ... Not what i wanted to see today. should be a wild and wooly day tomorrow. it's already starting in after hours where you see the so-called pros "positioning for tomorrow". remember, just because you see a nudge up in a/hs doesn't mean what it appears to mean. one would think this would be a good setup for tomorrow, but with the close and breaks noted above, it's far from this.
CLOSING BELOW 1,929.28 IS TROUBLESOME, FORGET THE CONS IN AFTER HOURS, TOMORROW WE TEST 1,906 LEVEL ON S&P 500. The breakdown has begun, I'm sorry to say. We should have held 1929.28, but instead a clear break of this support is in place. Watch your stops closely kids.
And, it really is quite the game isn't it? $460,000,000,000 per month in nyse margin debt that the fomc some how does not see. and, why should they, as long as they keep the fake job picture looking pretty on paper, who cares about the 18% teen and 20 yr. Old unemployment rate in the u.s. as long as the rich have their wall street board game working and as long as our financial companies keep allowing the poor and rich to keep playing on a $460 billion game table, let the games continue. i for one know the fomc and our congress would never interfere with the massive margin debt or the printing presses that just keep printing money to back more borrowed margin debt, student loans, and worthless us treasury debt, we will turn out just fine, right? no worries at all ; ) i think carl icahn was right yesterday when he said that "it's coming", meaning the crash in stocks. it's coming very very soon. as soon as someone messes with interest rates, margin debt or something else that triggers the pop, it will appear much clearer than glass.
Too bad the rich sold a ton of stock last week in the ebola boohoo spookathon. The good news is that i bought those dumped rick folk shares last week near the low, and i have iron fists. kiss your stock shares good bye, mr. 1% !!!
Attn: fomc committee ... Note: the rich 1% sold last week, so now i own their shares, so now you're working for me. put some lipstick on this pig and keep printing green backs. i am a holder of stocks for life so forget about spook tactics. you are in quite the catch, aren't you?
Carl Icahn did warn us yesterday in Cnbc interview that he feels we are in for a crash soon. Unfortunately.
Those rich folk! Always showing off all they have in material stuff. But, the truth is, most is inherited and not earned on a job or in the market. The rich are the most likely to dump in panics like the one we saw last week. This is where I step in and take advantage of opportunity. Always have. And, now I have a solid portfolio and more than I could ever have attained through traditional methodologies. Isn't life grand! And most thought that the rich were the ones capitalizing on the market over past few years. Not true. It's folks like me just scooping up after the CNBC BooHoo talking heads talk the rich out of their stock. Lesson learned. If not, I will just take more of my mmkt cash and buy more of your stock in the next scare, which is right around the corner....BOOO!!!
The problem with rich folk is, they get just as scared as poor folk when ebola and ISIS are bandied about by the media. Especially on CNBC. So thanks to all of the scares last week coming out of CNBC, I'm loaded up on 3x Triple ETFs, SPY and several stocks. THE RICH ARE SO FOOLISH FOR SELLING IN A PANIC LAST WEEK. THEIR LOSS, MY GAIN. NOW THE SHARES ARE IN STRONG HANDS AND I WON'T SELL. NEVER! AND, DEFINATELY NOT IN THIS LIFE TIME. Dumb Arshes!!!
The fed is the only one addicted to qe, the us investor could care less. still the fed insists on waving the last snippit of qe around as if it means something to us all. cut it off already!!! #$%$!!!
We, the us investor do not need your stupid qe tampering any longer!! you are holding our country back and you are holding the world back. get the hell out of the stimulus business and take the ecb with you.
Karen Finerman and others on CNBC's Fast Money said we're extended on the market idices...we were extended at last week's lows, lol. So after some short covering and over arrousal about the ECB's BS over counter QE ending talk to pickup some corp. bonds, the world is golden once again. Where oh where is eBola today when just a week ago, life as we knew it was changing forever? Silly kids on CNBC, getting all the rich spooked out of their stocks. Just want to let the rich know that I now own their stocks and they're in strong hands for a change. I advice the rich to go back into bonds so they can get their safe 1.9 to 2% over 10 years. Morons!!!
I'm hearing that economic data over next few days will come in light, but those in gov. already are positioning for this reality. Just look at the activity at the close each day.