I love days like today, so predictable. An ok earnings report and a little whisper from across the pond and just like that THERE'S NO EBOLA IN THE WORLD, NO ISIS, AND EARNINGS ARE GROWING AT 10 TO 15%. PROBLEM IS, EARNINS ARE NOW SLOWING TO ONLY A TRICKLE OF 3 TO 4% AFTER THIS WEEK'S REVISIONS, ISIS IS STILL ALIVE AND CAUSING CHAOS, AND EBOLA IS SPREADING FASTER THAN LAST WEEK AT OVER 10K/WEEK. Oh, did I mention China is now forcasting "contracting GDP growth", in other words, 2 to 4% vs 7% that we have gotten used to. China is in a vacuum and the world is complacent. This is the time to keep hedges on after huge gains like today. But, my guess is that the leveraged margin folk are going to play until it becomes painful, and not until it becomes lethal. Could happen tomorrow.
If i ever sold my stock where in the world would i put it? the fed has destroyed banking accounts and money market accts. when you have a gov. Made up of self-serving rich folk, there's only one thing that can happen ... Greed. print tons of money, make tons more available in the form of margin for stock buyers and you are now looking at the greatest example of greed you will ever see. and, ever notice that money printing only increases, it doesn't decrease in volocity? that's because the gov. Knows how to push a stock market hgher. this is what they've learned over the past century. just print your way to prosparity for the top 1%. forget quality jobs. oh, and yellen saying she's "concerned about the inequality in u.s." ? really? really? oh, you're conserned. that's going a long way to fix the mess that our job market is in.
Why i buy stocks/invest? A: because the fed has destroyed our traditional bank interest rate system forever thanks to qe. so i put all of my bank money into stocks at the oct/2011 low and refuse to support our economy. i grow my own vegetables and fruit and raise chickens. i even make my own beer and wine. and, i catch a shuttle instead of owning a car. i refuse to support a governemnt and economy of a country that cares only for one class of people, those who are in top 1%. we're pathetic as a country, but more so as the gov. Of a country. we will all go to hell for this when we die.
" China, Europe and Japan are ALL IN A RECESSION! " - CNBC REPORT 1 MIN. AGO
I have been sitting on a pile of cash for a month now and sure enough the wealthy freaked out, buy time!! and, what a perfect entry point. just buy upro and tqqq and forget the little spy and other 1x and 2x index etfs. buy the triple leveraged etfs and sleep well my friend.
It's so easy to make money today in stocks, just wait till wealthy panic then buy! Like today! let's beat tar out of the wealthy. let's show the rich who has the strong hands now : )))
No crash, no worries, fed buys the s&p 500 150 moving average ... All up from here thanks to fed and the us banks that have way more cash to invest than me and you. buy this 150 day moving average on panic selling by the wealthy and those on margin. it's so easy!!!
I read this morning that the US fed is cutting their money printing and m1 by 85% in Q4 . Probably reason for dollar soaring and not letting up, and stocks diving.
Here comes the federal government to the rescue, buying the s&p 500 again at the moving averages with the central banks right behind them and our us bank ceos right behind the feds. believe it! they have no place to put their stinking stored newly printed cash either.
When "investing" turns into "taking advantage of the rich selling in panic" - the wealthy are not as smart as cnbc claims. i am buying all of the stock that the wealth just sold for a 4.5% correction in the s&p 500. morons!!
This is just too easy!!!
Just bought the 150 moving ave.for a pop into the close which we had better see if we aren't going to crash
NYSE is not seeing bids for any tickers, that is a problem isn't it?
NICE LUCKY NUMBER, 13. OCTOBER 13TH.
1987 October CRASH all over again ... Monday, October 13th we'll see a 20% Downer! Not a joke! It's about to happen again. THOSE ON MARGIN SHOUD TAKE NOTE, BECAUSE YOU WILL GET MARGIN CALL TO PUT UP EVEN MORE MONEY THAT YOU DON'T HAVE TO BACK YOUR FAILING TRADES. GET OUT!!
All cash piles run out when innovation peaks and starts it's decline. You'll be amazed at how fast the cool leaves the room along with Icahn's pimping of the shares.
Apple Pay will be a Dudd, iWatch is a Dudd, AppleTV is a Dudd and iphone 6+ Bends = Innovator ?
If I understand this right, the overall majority of top timing letter writers are issuing sell signal for October/2014. I just got the info via text and email.
Mark my word, Icahn is telling his trading crew to dump Apple while talking on CNBC. I hope the SEC digs into trading records for 10/09/14 and line them up with sell orders while on cnbc. If the US gov. wants to find some extra punative cash, it's being waved in front of your face on CNBC this very minute w/every word puking out of Icahn's mouth. Very disturbing that the SEC allows for stock manipulation of this kind on Cnbc OR ANY NETWORK being broadcasted around the world during open market sessions. Very disturbing!
The market is down huge and Apple is up while CNBC pimps Carl Icahn to prop Apple stock. As soon as the Carl Icahn CNBC Apple Pimp show ends and the talk stops on Apple, Apple will FALL LIKE A SKYDIVER.