Posted on 06/08/2016 9:21:25 AM PDT by Lorianne
“Someone” is getting desperate.
Throughout the last week, anytime stocks have begun to correct or drop, “someone” has bought S&P 500 futures to prop the market up.
Anyone who’s been involved with the markets for a while knows the difference between real buyers and manipulation. This is manipulation plain and simple.
Look at all those “V” rallies. Three days in a row stocks opened DOWN and someone immediately stepped in and began buying aggressively.
Another tell-tale sign of manipulation: the buying halts almost the moment stocks get to 2,100 on the S&P 500. At this point the manipulation ends. And because there are few REAL investors buying stocks at these levels, the market immediately retreats.
(Excerpt) Read more at zerohedge.com ...
They may have some wacky libertarian articles, and their comments are full of profanity from their reader, but they also back up many claims with more data, graphs, and facts than any 2 bit “financial adviser” whore.
I am a retired Wall St investment banker...back in the good old days when a man's handshake was his word and bond.
Things have change a great deal, but I am still a good agent at assessing financial intel.
Banks nor the Fed itself buy large amounts of equity (the Fed buys none). As an investor, I would see the markets move to reflect this if it were so...it is not.
That said, the injection of Fed funds into the market in bonds would still produce a positive correlation between QE and a rise in the S&P.
I was a senior investment banker, able to commit my firm's capital without the need for higher approval...what are your credentials.
Well, what do you do if you have a large amount of capital that needs investing?
In any case, US companies are scarcely a sham. They have profitable businesses, and owning a piece of them isn’t the worst thing you could do.
Investing in....what? A rigged market? You and I both know it is manipulated, bloated, and ready to pop. When it does, it will bring all the publically traded companies with it.
Take your money, put it in metals, land, whatever you want. But if you want to justify throwing money at the market, then do want you want. It's your money.
Just my experience, my gut, and wisdom as the Lord provides.
A man's word is no longer as good as his bond, and the Fed and the markets are snake pits.
You don't see this? Why? Normalcy bias? Because you knew what you used to know?
then why not put your money in a foreign bank?
The Fed is not the boogie man...yet.
BTW, I am a country boy who was good at numbers. My strength was and still is separating reality from fantasy.
If the banks were taking undue risks, those who trade in bank stocks would know and sell them like hot pancakes.
Banks are not at risk (at least no more than usual)...though I would never invest in one.
You know me I think.
I am not always right...but I always do my best with the tools I have at hand.Our collective wisdom is what makes us strong and powerful.
But I just cannot comprehend how you can make this statement:
"If the banks were taking undue risks, those who trade in bank stocks would know and sell them like hot pancakes."
Wow. Just wow.
Agree, I see some provocative headline and then notice its ZH and move on.
I know you. You are a decent guy and a solid thinker. You know me I think.
Listen - thanks for that Rooster. I don't deserve that, but you are a good guy.
Appreciate it.
Let us have hope. Never can have too much of that.
I spent a career a few feet away from the trading floor. I know how they think.
Watch Fast Money and Closing Bell on CNBC in the afternoons. They are on top of the markets.
As I said, I would never invest in a bank stock...they can die in one day.
But the traders are the ones who read the tea leaves. They are sometimes wrong, but they make a living trading these stocks. They have information that you and I can only dream of.
This is all one big show - international and linked. To say that one fiat currency is the long ball vs. another is talking smack.
There is one "currency" I would bet on. The IMF's SDR.
Bank on that one.
But I still believe (firmly) that those folks on Fast Money, Closing Bell, and the rest are a bunch of sheep.
The shills who think they are "in charge" and "in the know" are pawns. This is not black helicopter speech.
Glad you are OK in retirement. You earned it (literally).
I am just one of the gang and that is as good as it gets.
When I was young, I was a cocky SOB. I had the answer to everything...except I was naive and stupid.
I am older and wiser now. Proud to be just another Freeper...one of the gang.
I add my two bits and that is all I can do.
Of course, I respond to all prayer requests.;-)
Spent what was left of my dough looking after my aging Mom and Dad. Best investment I ever made.
Not a worrier...all will be well.
I can live on virtually nothing. But of course the cats have to be fed.;-)
Have a small account to invest and watch it like a hawk.
Rather be poor than rich any day. Have been both. Rather be near the humble side of things...keeps a man real.
God bless you.
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