There's a reason this screenshot of Jim Cramer's program became an international viral meme.
Down ~475 today. Up ~500 tomorrow. What are the true factors in the market, anymore? I have no clue.
“What are the true factors in the market, anymore? “
Irrationality and Intervention.
That’s all that’s left of fundamentals.
And it’s probably only because the short term is so dire.
Of course we could hope that 100s, perhaps even thousands of companies would not go under completely...feeding the death spiral of deflation...but that would not be a realistic outlook.
Personally, I would let it all burn to the ground, and look for those green shoots in the aftermath. But I don’t get a vote.
What is "the market?"
“What are the true factors in the market, anymore? I have no clue.”
In the era of algorithms and HFT, high frequency trading, humans have no clue and maybe no place anymore.
There's a reason this screenshot of Jim Cramer's program became an international viral meme.
Knowing in advance when these various maneuvers are going to take place and buying or shorting accordingly. Think politicians.