Posted on 08/26/2015 5:53:35 AM PDT by blam
Myles Udland
August 26, 2015
For the second day in a row, US stock futures are surging.
Near 7:15 a.m. ET, Dow futures were up 300 points, S&P 500 futures were up 39 points, and Nasdaq futures were up 84 points.
Wednesday morning's rally in US futures follows an ugly day on Tuesday, which saw stocks rally sharply early in the day before a huge sell-off in the final hour of trading. All told, the Dow fell more than 600 points from its peak on Tuesday to the market close.
On Tuesday, all three major US indexes closed in the red.
Overnight, it was another wild session in China, as stocks in China rallied, tanked, rallied, and then slid into the close.
(snip)
(Excerpt) Read more at businessinsider.com ...
Whoo hoo!
Just like yesterday!
If you buy into this, be sure you can sell out again by 3:30
We just got more good news about US manufacturing.
The latest report on durable goods orders topped expectations while previous reports were also revised higher.
Durable goods orders in July rose 2% while "core" orders which excludes military orders and more volatile things like planes rose 2.2%."
:: Markets Are Surging ::
Quelle surprise!
OH, and I forgot to add...
SHORT THE MARKET TREND, NOW!
So, I shouldn’t move my family to our mountain redoubt after all? But I was so thoroughly assured yesterday that this was the BIG ONE.
Bouncing back aa in feds manipulating the market or distributing feel-good propaganda?
The anticipation probably is worldwide massive money printing - fueling the final leg up before the ‘big one’.
Then good-bye fiat currencies, hello to a global digital currency; prelude to a NWO.
You could say that about five or six other moments in your graph.
Recession Watch - Durable Goods Growth Slows In July, Core Capex Orders Decline 6 Straight Months
Durable Goods Orders rose a better than expected 2.0% in July (but that is notably slower than the 4.1% revised growth in June) mostly driven by another surge in aircraft orders which however was nowhere near last year's bumper Boeing-driven surge, resulting in a 20% drop Y/Y in the headline data. A more realistic assessment came from the durables ex-transports series, which rose just 0.6%, better than the 0.3% expected, and down 2.5% from a year ago. This is the 6th consecutive drop in the annual data.
Non-defense Capital Goods growth remains stagnant as core capex orders have also now been in deceline 6 straight months year-over-year.
Rudger Hauer was great in the role of Roy Baty. Limited investment horizon for that chatacter, however.
Forget About The Market For A Second, And Remember The US Economy Is Kicking Butt
"The stock market has been on a wild ride the past few days, but if you look beyond that, the US economy is doing just fine.
There are numerous explanations for the sell-off in the markets, but none of them are because of the American economy.
Could the bump in US markets be due to money fleeing the Chinese economy?
My theory is manipulation so that certain people keep making money
Hence the timing
If there was any transparency to the PPT’s heavy hands in both the U.S. and in China, all illusions of a free market should be gone this week
Most average Joe’s aren’t executing flash trades and churning transactions throughout the day
The average Joe is getting played and those 401k’s and pensions are going to be milked... Eventually inflation will cream off what’s left
Sorry to be so cynical .... I guess if I understood the game I might be playing it too
"It ain't over til it's over!"
It could be the conspiracy theorist in me, but considering the huge pile of dollars that China and numerous other countries that are not necessarily our friends, hold, there could be a possibility that the markets are being manipulated.
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