Biden Says US Economy Is 'Strong as Hell' — White House Claims the President 'Has Done the Work' to Fix Inflation
holding 81Puts x11~Septs for 3 sessions already..Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee (burp) wwwweeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Vaccine (imo) might push SPX towards new highs....regardless....of the weiry propaganda. Facts will play out Jan 5 -Jan22 + A FEW MONTHS after as time goes on, distribution can push SPXL TOWARDS pAR...($100)imo.....SOME STREET NAVIGATORS CLAIM A POSSIble 10% pullback..in the near future..tricky, tricky...watch the facts!
Go King Powell MR. fed head you are the most powerful man in the world. Presidents are your peasants. He who prints money runs the world and since 1913, when the Big Banks JP and its fluzies usurped the printing money power from the people and the US Treasury. Since then the private Fed rules the World for now all else is a joke and in summary SPXL long into the end of year as Ebenezer Scrooge Powell will spread the market printing power.
Time to exit the $46.78 position and I must thank King Powell ruler of the markets and his sidekick Blackrock for keeping the markets green as expected for pension holders through these elections. It is not because these stocks are worth there multiples.
Thank you Mr. Powell
Cha Ching Cha Ching.! Cash register
Thank you King Powell ruler of the markets. (The Federal Reserve and BlackRock the toxic entity the Fed uses to make markets green at its leisure.) I was sure Friday you would make markets green Monday and Tuesday so I dipped in here at $46.70 area on Friday.
Still holding half as the Fed is being a master manipulator of the markets. It’s insane how they can manipulate the markets up. It’s like fantasyland or a matrix in another world because we know most of the SPY stocks aren’t worth what the markets value them at. Buy stocks hold no cash
Well if JP Morgan the Big Whale going to pump the market up got join them to make money.
S & P is likely to retest the 200 DMA, at around 3100.
The recent volatility is a chance to trade the calls, $5 and $6 IMHO
If history was relevant, librarians would be billionaires
The last 2 times I have seen Individual companys post earnings shortfalls, and taking 5%, 12% 22% or 35% haircuts after hours, was at the top in 2000, and in 2008.
Even those who are beating this week are falling 4% plus.
I sense a top in the making, with many years of downtrends to follow
It's too bad there isn't more activity on this board..
I have been playing spxl for some time I would love to share my pattern with the swing and day traders here. No agenda just sharing. Of course most may have already figured it out.
There ain't a single job in this town!! Yeahhhh, unless you wanna work 40 hours a week!!!!
Warning: This Market Rig is Going to End Terribly
This is getting old.
The PPT is now juicing Oil higher, because doing so relieves stress in the junk bond market (a large percentage of junk bond issuers are shale companies that require higher Oil prices to be profitable).
This, in turn, is sending a “all clear” signal to stocks, inducing algos to buy indiscriminately.
Put simply, the formula for this market rig is:
Buy Oil futures, because it will drive Junk Bonds higher, and stocks will follow.
You can see the rig right here in plain sight… Oil (black line) pulling Junk Bonds higher (blue line) almost tick for tick.
Critical market internals suggest this rig is now coming to an end. Two major market leaders (Goldman Sachs and the Semiconductor index) have not only been lagging on this latest bounce, but both were DOWN yesterday despite stocks rising 1%.
Housing market will continue to crash as Millennials perceive work stability to be a lie. Economic downturns, negative equity and unstable job markets have drastically shaped their perception of the American Dream.
Even their broader education — something that previous generations either needed less of or took for granted — has created for them previously unseen levels of debt.
With all of that in mind, it’s really no wonder that they value versatility over constraint. It’s no surprise that the “instant gratification” generation is more than a little skeptical of gratifying themselves with a 30-year mortgage