"Alright, boys. We tanked the prices. Now, let's load up!"
This administration will do it’s best to keep it inflated until the GOP gets the White House back next year. Then after it crashes, they’ll blame the new president. Just like they always do.
Plunge Protection Team?
A lot of short term traders will wait on the sideline for a bottom. The fed isn’t needed.
It’s called the “Plunge Protection Team”.
You didn’t think we had a free market, did you?
There is a lot of money sitting on the sidelines just waiting for perceived bargains.
All part of destroy America. Of course the Republicans will get blame for the crash. It is the communists plan and over half of Americans will believe it. America is finished. Will never recover and our best bet will be Trump.
This is just the ‘flash dance’ before the real hit in September.
After this, things will quiet down for a few weeks, and then the expected ‘unexpected’ will happen as predicted/prophesied/theorized.
Even a dead cat bounces if you drop it from high enough!
There are the exact same amount of stocks being bought as there are being sold. That’s how it can bounce back up.
How do you think the market got off the 2008 lows in the first place?
Buy limits are triggered in falling market, buying for short positions and closing option positions.
Or, those who want to buy after the futures sales would do so just after the opening like that.
Could be both.
At open, SPX dividend yield exceeded the 10 year note yield.
"Alright, boys. We tanked the prices. Now, let's load up!"
I always hear people saying the market is over sold, due a correction etc etc. But none of these people say what the DOW should be at this time. They certainly don’t present any financial info telling us what the DOW should be at. Just that its oversold and we’re all going to lose all of our money, and the world is going to end on September 23rd, and life as we know it is going to end... etc etc.
Right around 70% of trading in this modern day era is being done by HIGH SPEED COMPUTERIZED TRADING SYSTEMS.
They have the POWER to move the market directly and IMMEDIATELY.
In the past that was an aspect that was NOT possible.
Also would guess the FED supposedly still has a PLUNGE PROTECTION team that may be acting under these circumstances.
The DIGITAL era which was ushered in during the 90's is currently rolling "full tilt boogie."
Apparently, many stocks did not open at the starting bell. Ford was trading and then halted because, after the opening drop, it rose so fast a halt was put in place because it exceeded upside parameters.
Housing starts are up, car sales are up, and a huge drop in fuel prices will allow money otherwise pumped into gas tanks to go into other sectors of the economy.
Food prices will drop as fuel drops during the harvest season.
It’s China, Russia, Brazil, etc. who are hurting because their micro-managed economies are fundamentally unsound.
Housing starts are up, car sales are up, and a huge drop in fuel prices will allow money otherwise pumped into gas tanks to go into other sectors of the economy.
Food prices will drop as fuel drops during the harvest season.
It’s China, Russia, Brazil, etc. who are hurting because their micro-managed economies are fundamentally unsound.