and when the cesspool is drained, you won't ever see it coming.
So, with that in mind, let's take a quick look at the facts, keeping in mind that today's close was at session highs. Since February 11th, essentially 14 trading days ago, the Dow has risen 1,396.31 points, and the S&P 500, 176.35 points. What is even more remarkable, the rise is based upon "nothing positive whatsoever". In fact, the recent so-called economic data points have been the worst in 4 years! If you consider how much this cesspool has been filled-up on horrible economic data, it is indeed odd that it would rally on anything remotely positive, and today's data is no exception. Nevertheless, let's just keep the facts clear. Nothing whatsoever either in the U.S., Asia, or Europe is positive, nothing. So as we read the remarkably ignorant article headlines as this one, keep in mind that every cent of this so-called rally is entirely manufactured. just like every economic data point is as well, and has been for essentially 8 straight years. If the 'data' indicates a particular indicator is inconsistent with the Fed's objective, they alter the methodology for calculating it so that next reporting period it's irrelevant. In fact, there is not one economic data point previously used for more than 80 years, from employment to inflation, to cpi to growth, or anything else, that has not been modified since 2009. So, as you sit here watching your market holdings soar, know that that they do so on NOTHING; unless failure is your buying motivation.Just keep in mind that you are living in the greatest illusion of prosperity since the creation of paper currency and the dawn of the Roman Empire.
No a fatter bloated pig either.
Zero price discovery, zero risk, extreme volatility suppression, out-right fraud in every transaction, blatant scam. It's just a cesspool now, owned and entirely operated by the Fed.
Their mandates, their objectives, everything they do are specifically designed to enhance and aid the continued prosperity of Wall Street's interests, period. The economy, jobs, wage growth, inflation all are irrelevant unless such indicator aids Wall Street specifically. The Federal Reserve acts exclusively for the benefits of Wall Street, not society, not the general public, not so-called Main Street, not America, only Wall Street.
the last 2 misses were just for show.
and suppress the middle class, control retirees, and in general manipulate the financial markets to the advantage of a small number of morally bankrupt elite trash, period. That is its only purpose.
for many here, on business news shows, Yahoo contributing authors, and particular, many people on CNBC. While I can't explain, after nearly 40 years of being in and out of the market, in my gut, I'm 100% sure, this time will really be devastatingly bad. And, frankly, I'm really looking forward to that day.
Three people rumored to have been active today.
#2 Debate Question: HOW WILL YOU HELP MY FAMILY MEMBERS ENTER AMERICA AFTER I ENTERED ILLEGALLY?
#3 Debate Question: HOW DO I GET A FREE OBAMA CELL PHONE?
Beyond the normal lies.
Unreal is meaningless.
It might under extreme conditions of economic failure, fall 10 points, but only for a few minutes. It will always go up and never down again, forever.
In a WSJ report just released ... a financial volcano is now building up and may blow up at any time with catastrophic proportions, maybe worse than the 2008 global financial crisis, owing to a plethora of problems that are traced mainly to indebted bankrupt “zombie banks” in Europe. "The problem is far greater than anyone thought, non-performing loans are essentially backed by worthless and over inflated assets."
I'm guess at least 8 in 10 Longs are in emergency rooms right now, and the remaining two have been sedated since Friday's close.