The first round of QE had a payback of around 10%, for every Trillion “invested”, or sent into a “shovel ready” project, the GDP went up around $100B.
The stock market did not go up based upon “real factors”. 80% of the rise occurred on low volume after hours futures trades. This was gub'mint sponsored….they told HBB to work overtime and to pimp up the future afterhours in exchange for 1) saving their asses, 2) continued free money.
Dabama is a great orator, great politician and fund raiser. He “gets it” when it comes to influencing humans. He doesn't know shit about business or the financial markets, and thinks that all we need is “con”fidence.
No one wants to take their medicine before they have to, and your elected leaders are no different. They will try anything to avoid pain, even if the avoidance has a high likelihood of causing more serious pain.
90% of the big financial problems–yes, it's a banking problem….the collapse of the easy money Ponzi scheme that really has been going on for several decades— well 90% of those problems were just knowingly hidden and still exists (but hidden) on balance sheets. Do you know what “Mark to Market” means…if not, research it, it is very important. Don't just accept it like another financial buzzword.
Speaking of buzzwords…whenever Wallstreet or FETV (Financial Entertainment Television) come up with some new buzzword….”shields up!”….that is when yet another shenanigan card is going to be played.
OK, hope I covered the basics. Personally, 50% short on trading account into the weekend, enjoyed the nice mini-tank at EOD.
Hi Red, I'm home for 4 days, and then have to leave again. http://zstock7.com/?p=3138 I did a video on Bank stocks. The bottom is close. As goes the bank stocks goes the market.
Looks very bearish too me San… I don't see the market rallying too long next week, as now the weekly looks ready to curl back down too. Not good for the bulls.
The perfect setup for a large gap down on Monday appears in the charts right now… but do you go with the charts, or the manipulation factor? We all know that they are going to squeeze these shorts out before the real move down happens, but the question is… from what level do we rally back up at?
If I were to look at the charts by themselves, I said we would gap down Monday, but my gut tells me they will rally to squeeze the bears out first. Which will it be? I really don't know at this point?
Well, Russia is going to help out Iran by fueling its nuclear power plant… If Israel is going to stop this… they have to move soon right??? I agree with you above… market tanks, but oil (uso) would spike right??
Is that guy any good? Haven't followed him, but looks too dweebish.
Lets step back and look at the forest.
The first round of QE had a payback of around 10%, for every Trillion “invested”, or sent into a “shovel ready” project, the GDP went up around $100B.
The stock market did not go up based upon “real factors”. 80% of the rise occurred on low volume after hours futures trades. This was gub'mint sponsored….they told HBB to work overtime and to pimp up the future afterhours in exchange for 1) saving their asses, 2) continued free money.
Dabama is a great orator, great politician and fund raiser. He “gets it” when it comes to influencing humans. He doesn't know shit about business or the financial markets, and thinks that all we need is “con”fidence.
No one wants to take their medicine before they have to, and your elected leaders are no different. They will try anything to avoid pain, even if the avoidance has a high likelihood of causing more serious pain.
90% of the big financial problems–yes, it's a banking problem….the collapse of the easy money Ponzi scheme that really has been going on for several decades— well 90% of those problems were just knowingly hidden and still exists (but hidden) on balance sheets. Do you know what “Mark to Market” means…if not, research it, it is very important. Don't just accept it like another financial buzzword.
Speaking of buzzwords…whenever Wallstreet or FETV (Financial Entertainment Television) come up with some new buzzword….”shields up!”….that is when yet another shenanigan card is going to be played.
OK, hope I covered the basics. Personally, 50% short on trading account into the weekend, enjoyed the nice mini-tank at EOD.
steveo
http://oahutrading.blogspot.com/
Hi Red, I'm home for 4 days, and then have to leave again.
http://zstock7.com/?p=3138
I did a video on Bank stocks. The bottom is close.
As goes the bank stocks goes the market.
Yes the momentum is with the bears. Trading below 50 dma and 50 week moving average can easily trigger another correction.
Looks very bearish too me San… I don't see the market rallying too long next week, as now the weekly looks ready to curl back down too. Not good for the bulls.
Dow Jones analysis after closing bell
http://niftychartsandpatterns.blogspot.com/2010…
The perfect setup for a large gap down on Monday appears in the charts right now… but do you go with the charts, or the manipulation factor? We all know that they are going to squeeze these shorts out before the real move down happens, but the question is… from what level do we rally back up at?
If I were to look at the charts by themselves, I said we would gap down Monday, but my gut tells me they will rally to squeeze the bears out first. Which will it be? I really don't know at this point?
Yes, oil should rally, but the market will still sell off do to fear and uncertainty.
Well, Russia is going to help out Iran by fueling its nuclear power plant… If Israel is going to stop this… they have to move soon right??? I agree with you above… market tanks, but oil (uso) would spike right??
The market would gap down and not stop until it hit Dow 8300… that's what would happen!