cnbc stopped using nielsen ratings in 2015. they claim more people watch them "at the office or airport"....LOL. My hunch is their ratings were back to 1992-1994 levels.....and thats not good for shopping around advertisement dollars. It would be best if we put them back to their 1970s rating numbers....oh they didnt exist then? ;)
nah, those algorithms are MIT level. they are quite genius, but they provide nothing of value to the market. drop and pick up 1 share here and there to sniff out fractions of pennies of movement then buy and sell before humans can press confirm. They are praised by main stream media as providing liquidity at light speed, but they provide nothing in reality when the time comes to "hold the bag". See 8/24/2015......see 5/6/2010.....etc
1500s SP is a good stop probably you right. What I learned in 2008 was "there is not bottom until the fed says there is". I have never though of cash as a losing proposition. I started liquidating my stocks in may 2013 and finished in the summer of 2014 scaling out. People thought I was nuts for "missing so many gains". Well.....as of today I have only "missed" half of those gains....and that's from 4 days of losses. Lesson from 2001 and 2008 learned ;) . Good luck.
i have made 2 trades in the "stock" market this year. shorting wynn and shorting facebook. Otherwise i stay out of that ponzi scheme. Your guess is as good as mine. when they annoucned QE2 4 years ago, i knew we were done for. No QE, no stock appriciation. QE, then different story. You can throw out all your knowledge pre 2008 on how stocks work, and then starting on a base of "what will a central bank do overnight, over the weekend, next month" etc if you can come up with a formula to "buy low and sell high".....let me know. Best of luck man.....this isnt a stock market, its a central bank experiment entering its 20th year of over engineering.
Thank the Chinese for destroying their banking system even more overnight. Might get a couple bright people in this country to unload some profits while they can still get into a market with liquidity. I bet its over wink wink, Dow losing 12% in 3 sessions is totally normal....panic is probably over. Just like Bear Stearns was contained and nothing bad ever happened again. LOL Good luck!
not even a 325 pt dow rally at 3:30pm could keep up the ponzi scheme. Ouch. Janet must have fell asleep at the futures buy button.
no worries, it appears the 3:30 pm ramp on bad news play is still on the books.
techincally i wasnt locked out to clarify. The websites of the brokers couldnt handle the traffic of people even trying to log in, much less place orders.
LOL....yep. Which leads me to believe (wink wink) that its not about fundamentals at all, its about what 1 lady says or does. odd.
during the panic time this morning (quality pick up everything cheap time) 2 of my accounts that I tried, one would just crash when i pushed login. The other let me in but actually getting to the execution of trades platform kept crashing. The same types of things were happening with a hand full of others i knew who were trading.
I can also say myself and everyone i know personally that trades cant excute trades on platforms like charles schwab, think or swim, td, scottrade, fidelity. All are getting locked out. Im guessing most of them wanted into to sell not buy (i wanted to buy some long nat gas this rmoning, missed it). HFT with direct access will be able to get in, but not most people is my guess.
thats fine. The liquidity in the sp futures is as low as it was post lehman collapse this morning. Theres only a couple entities on the planet that could step in and save that. The fact that nearly 100% of stocks are moving lock step back up is pretty clear its not retail/hedge/pensions etc. If its not janet, its another central bank that has unlimited money. Market makers cant even connect trades currently because theres no buyers for sellers..
wow that panic sure has subsided quickly. I wonder "who" has that much powder just waiting to buy the market down that drastic. Maybe they printed up a couple trillion with their keyboard and pushed "buy sp futures"......whoever they are. LOL
why are all the stocks falling these days? i dont get it....i thought janet said economy was great and rates were "going up anyday now"......we need some wizards like rich to explain this mess. getting out of hand out there.
how about $28. "cant get much lower" is going to be a phrase you hear daily if this sell off becomes a panic.
I learned a long time ago from a psychology graduate I know that the human species is basically bread to believe in the path of least resistance, or whatever causes the most joy/least pain ratio to keep themselves happy, bonded, relevant, connected, or "human" in the sense of community/society......so naturally when the problem of economic collapse occurred in 2008, why bother to learn the hows and whys, that a lot of work, pain, anger, despair, what have you. best to trust the first person who volunteers.......despite them being said people who cause the problem (Fed)
I never thought i would see another correction in my lifetime. Just over 4 years since the last one, which is absolutely BS in a healthy bull market of course, but not in the feds financial fantasy! Just one question for rich, why arent people buying the dip this time? whats going on? why did everyone just lose 18 months of gains in a week? help!!!!!
he also said on 10/31/2007 with dow around 13900 to buy even at stretched valuations. hes a goldman puppet.....and they need you in so they can get out wink wink. Hows that 2007 advice work? based on how many people liquidated from Sept 2008 - Mar 2009 not too good for most. LOL
last time i checked on 10/31/2007 he said to buy even at highly stretched valuations. i wonder if anyone sold at lows from that advice. wink wink.
someone asked me earlier this year what they should invest in for a retirement plan. I said simply...."whatever the status quo plutocracy cant afford to let go to zero"......pretty safe bet, LOL.