Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
PPT very generous to us this morning.
Cashing out at $69 thank you Powell and Yellen PPT team
Told you $70 coming PPT team pumping markets hard early on
Whoa! .50 basis points CUT. Bought the peewadin out of T shares.
Let’s pump to 70s Powell and Yellen say so .. We need to pump you Up ..yeah
The "Plunge Protection Team" (PPT) is a colloquial name given to the Working Group on Financial Markets. Created in 1988 to provide financial and economic lifts to the S&P 500.
Critics fear the Plunge Protection Team doesn't just advise, but actively intervenes to prop up stock prices—colluding with banks to rig the market, in effect.
The Plunge Protection Team, composed of high-ranking government financial officials, reports directly and privately to the president of the United States.
Betting no interest rate drop tomorrow. Lowering interest rate will INCREASE inflation.
“We’ve experienced high inflation over the last three years because of how much money we flooded into our financial system as a response to the COVID-19 pandemic,” explains CFP and MBA Scott Sturgeon of Oread Wealth. “These include stimulus checks, PPP loans, quantitative easing and other pandemic-era policies that lingered too long. The more dollars there are pursuing the same goods and services, the more those goods and services will increase in price as a response.”
Up she goes! Where she tops, no one knows.
KEY REVERSAL DAY ALERT! LOD at 57.77 will not be breached now! Holding 3 Dec 70 calls here! Now 63.34!!!!
Yowwzzzer! Staying mostly in cash until this hurricane subsides.
TQQQ and SOXL? ACCUMULATE TIME!!!!!!!!!!!! Mid-week the DAQ will be abundantly green IMO.
Bought 2 Dec 75 calls at 5.90 here today!
Looking for the super-powers to prop up the Nasdaq going into this 3 day holiday weekend. Need to keep vacationers happy having to go back to work September 3rd.
Interest rates "will probably come down - Powell" buzz floating around on the public news outlets this evening.
Means REALLY what? Powell is in the pocket of Yellen (PPT). Yellen in the pocket of the Democrat Cartel.
Democrat Cartel wants 401K voters happy as robot voters high on digital Fentanyl come election time.
Point? Don't get convinced SQQQ is the place to sit and rest with your money before election time. Snap up TQQQ on any decent - short term selloff OF COURSE - for the next 2 months. And flip TQQQ for any profit you can lock in. Rinse and repeat. Land mines everywhere in the Nasdaq battle field.
And look above: Especially DRONE aerial mines! The ones that can spoil a wonderful evening dinner with the most special person in your life.
Interesting the lod on 4/19 was 48.85, now the lod on 8/5 was 48.80...weekly stochastics are oversold and turning up, and daily stochastics showing double bullish stochastics divergence
ya crazy times TQQQ
I believe I'm moving from trading to more B-N-holding these 3xQQQ's for the next several days (especially with SQQQ). There are "rip tides" yanking the Indexes around that are nearly unpredictable IMO.
at 9.50 am sold out took a loss actually 580 bucks , there are patterns with these scumbags , all stocks watch the patterns and how they trade TQQQ
ya got into xpev killer earnings cheap right now easy 2 bucks per share , just trying to help everyone sorry TQQQ
Wise 'vestor.
Is this a bottom for the Nasdaq? I don't believe so NOW. I believe it's heading lower: probably MUCH lower before it reverses.
Took profits at $56.30 with my T shares and have now jumped back into SQQQ. Might be unwise doing so so quickly but I'm not convinced our "correction" is over. Rather - thinking the PPT came into to quell the panic but too many BIG BOYS want this market lower. My opinion anyway.
Went in 100% with T shares in the mid $48's. Betting T shares will be in the $60's a week from now.
Picking up TQQQ shares in the mid $48 range.
Will be looking for the PPT to come riding to the "rescue." Must not let panic disrupt any "Harris" 401K
voting momentum.
Though early ... won't surprise me to see the NASDAQ BIG green by Wednesday afternoon.
Something "interesting" catches my attention. Usually WWW.CNBC.COM gives the Futures report at 6 p.m.; Monday through Thursdays evenings. Then on Sunday evenings it gives the Futures report at 6 p.m. or a little later for Monday.
Now what catches my attention is that it is presently 1.42 EST and there STILL is no Futures report being given.
Secondly - usually there is some news on the Major watched/read financial news networks (etc., CNBC, Marketwatch, Bloomberg, Reuters, The STREET). NONE of these networks is saying ANYTHING about the Indexes dropping OR climbing starting out this week. Absolute SILENCE in fact.
What this strongly hints to me is that the "big boys" are expecting a market selloff this coming week of various degrees UNLESS the FED jumps in and manipulates the Three indexes to STOP a major selloff. So these major news networks are holding off saying ANYTHING until they see what the FED is secretly going to do with the Indexes: PREVENTING a selloff .... or letting it only be a slow, trickling selloff going into the fall before manipulating the indexes UP right up to the November Presidential election.
I bought quite a bit - dumped it for a small profit, and now most likely am going to sit in cash over the weekend.
Don't trust what is going on ... too unpredictable at this time of year with the DAQ having been pushed so artificially high. A continued selloff next week wouldn't surprise me a bit.
We'll see ... GOOD LUCK!
Just bought a little bit. Will add if it continues down.
Get us below the $57 level and I'm a buyer again.
Took some generous profits from T and now moving some of it over to S.
Starting to accumulate T shares around the $62 level.
Who cares. It was a fake election and fake flu!
Got a hunch President Biden won't be alive by the time the November election rolls around.
Would love to see them drop this to below $70. Let's have the summer selloff get completed COMPLETELY NOW so we can be done with it until Trump wins the election. THEN make certain you're in SQQQ will be my recommendation ... assuming Trump lives that long!
Shedding fast alright
$71+ ... looking juicer and juicer.
Anything under $75 is a good price to buy right now.
Due to keep the NASDAQ from a Tsunami selloff tomorrow from the big news at the rally, betting the PPT will make CERTAIN the Nasdaq will end in green at the close of the market.
Stock valuations mean little to the powers in control. Political/vote getting is what matters most to them.
Accumulating TQQQ shares under $80.
The party in political power is so determined to try to win the November election that I dare say nothing short of a nuclear exchange would stop the PPT from continuing to buy up the top few Nasdaq company's shares to keep the NASDAQ going up, and up, and up.
Good for buy and holders of Nasdaq shares I reckon.
Sold all T shares at $76.90. Most likely too soon but profit is profit.
My gut hunch is that the PPT will be notified to jack up the NASDAQ generously going into the 4th of Julie weekend.
Followers
|
51
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2421
|
Created
|
01/30/12
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |