The Plunge Protection Team at the Fed is enjoying a long liquid lunch....
;-)
Been watching this all morning. Surprised this is the first thread about the meltdown.
Coming back up now.
I quit listening to Cramer a long time ago. I am barely educated on finance, but I see 2 things:
Constant bad news, supply chain, energy, conflict in Ukraine.
An overpriced market. The market went up for a long time with not much of a driving force.
#Bidensmarketcrash.
JO JO the Clown’s boomin’ ‘conomy as the fake newsies call it.
The panic begins.
"Get your effin vaccine!"
Thats it! I’m going all in on crypto! And Gold!
I am almost happy that crypto is dropping like a stone. I have always thought that cryptocurrency is a poor investment if you are trying to make money in a legitimate way. I don’t understand cryptocurrency other than it is supposed to be a way of concealing assets from unwanted scrutiny. The volatility to me detracts from that purpose. It is great for paying ransoms and bribes. But buying it because the price is going up while hoping to see for a profit is like gambling: you will lose most of the time.
As of now the markets are off their morning lows.
Disclaimer: This is an infomercial. I am not a licensed broker. Performance is not guaranteed. Take advice at your own risk.
If someone’s holdings are going down, someone else’s are going up. Whose?
Days like this i sure miss that old windbag
The Rape of the Sabine Bottom Feeders.
First in a long series.
Dow is positive 99, NASDAQ is positive 82, S&P 500 is positive 12.
-PJ
A few weeks ago, didn’t Cramer say, “Today we have the strongest economy I’ve ever seen?”
https://www.youtube.com/watch?v=B2PmD8P5Fns
And this... 12.8.21 He said, “economy is a juggernaut.”
and we could go to a period where we have economic boom not unlike post WWI...
https://www.youtube.com/watch?v=irZF5FexRnU
Hmm...were did economy go after post WWI?
He is such a Dem shill!