I’m not sure I follow the logic.
(1) if we were REALLY having a market crash, everything across the board would fall.
(2) everything not fall, therefore The markets are nothing but pure manipulation
But (1) implies there are such things are real crashes, just that today is not one, so the real conclusion should be “today is manipulation”?
I have not been following this buy the way, there is/was a crash?
Individual stock prices not falling rapidly enough for your taste is evidence of manipulation? Hang on, I’m still trying to wrap my mind around it.
Bad economic news is good for auto parts. People tend keep their cars longer.
Actually, the markets show shifting money. Interest rates plunged today as a lot of the money pulled from stocks went to bonds. Some stocks faired well but those are generally the ones that are more conservative and pay a significant dividend. What you’re seeing isn’t evidence of market manipulation (that doesn’t mean it doesn’t happen) but rather of money shifting from risk assets to those perceived to be less risky.
Pfizer -0.35 (1.96%) up .86 after hours
I’m in the temp business; only two industries you can count on today are food and trash.
What are post stocks, compared to most stocks?
Apple (AAPL) was down less than the averages today (-2.5%)...the averages were down about 3.5%.
What you call “manipulation” is anything but. The reasoning you are employing is entirely equivocal.
If you want to see market manipulation, the folks at NANEX have documented this in irrefutable fashion. Things like 3000 bids for stocks flooding the system, then disappearing in tens of milliseconds. The other day, a new standard in market manipulation occurred, with tens of thousands of shares of Yahoo trading, timestamped at times AHEAD OF actual time. Actual time being derived from the atomic clocks at WWV in Colorado. The implication being that these HFT trading systems may have now become able to manipulate the NYSE/NASDAQ system clocks.
Manipulation isn’t when things don’t go the way you’d expect. That is the specialty of the market. And no matter how long you observe and participate in markets, there will NEVER be a time when the markets are not capable of doing exactly that.
People are getting their vehicles prepared for TEOTWAWKI. Lots of spare parts headed out the doors of Auto Zone these days.
Nothing to see here — very little anecdotal evidence and that is easily explained by, um, common sense.
About 1/3rd of mine were up, a couple were flat, and the rest down. Remember, the money has to go somewhere. It is rare people just cash out everything, they move it from one to another that they feel will do better or at least is a safe harbor or something that people see are undervalued. You can see these patterns on every downturn. I know I’ll be buying in tomorrow on some undervalued stocks.
aw... someone shorted AZO. Oopsies.
Some stocks went up and most went down! Wooooo that’s amazing /sarc
Worst case scenarios don’t happen overnight (this isn’t the movies).
When history is being made, we generally don’t see it as such for a long time afterward.
There are many more variables at play than most realize. The market is one of them, not all of them. The market is not entirely rational, so analyzing it from the perspective of complete rationality is going to frustrate you.
Keep your eye on the facts, not traders.
Two nights ago my son was over and the price of silver was discussed. He said the big investment houses had massive contracts coming due at the end of the month and if silver wasn’t at $36 they’d have huge losses.
Silver was was $39.75 on Tues and today it fell below $36 briefly.
[Mr. Rogers voice] Can you say manipulation?
Panic is addictive. Get counseling.
Panic is addictive. Get counseling.
Bush and rove were early huge investors in autozone. In post presidential life, Bush commissioned Rove and Cheney to re-engineer the Hurricane steering machine into a high frequency trading price manipulator. Plus bush stole some old lady’s dentures.
HPQ