Stocks rise, S&P 500, Dow and Nasdaq reach record levels, Bitcoin hits record $50,000

Yahoo Finance ^ | 02/16/2021 | Emily McCormick

[MeneMeneTekelUpharsin]

They are certainly being manipulated. With the present policies being rushed into place, economic disaster is coming, so all of this is manipulation. It is a matter of getting out in time. Tricky business.

[frank ballenger]

Marxist regime followed by stocks up.

Thick binders of new regulations restricting business.
Mandatory high pay for minimum wage workers.
Green New Deal.
Dependence on foreign oil again.
Advantages for China over US.
Persons of color must be on boards of directors by quota.
Household income available to spend will be lower due to taxes for welfare and other entitlements going sharply up.

What in this means economic boom? I know the CEOs do a lot of virtue signaling to pretend to like BLM and Antifa, but in reality, how can Marxism “partnership” between DC government and business work?

[montag813]

The market is set to fall hard. Bought SQQQ at the open.

[EEGator]

Well, I guess everything is fine.

It’s not as though 3/4 of a million are losing jobs every week.
Tons of small businesses haven’t closed down.
And airlines, cruises, hotels, restaurants, tourism, real estate and entertainment are thriving.

[EEGator]

I’m going to go play Mario Kart...

[Deo volente]

The destruction of the dollar continues. $1.9 Trillion stimulus on its way, followed by trillion-dollar (or more) ‘infrastructure’ bill. More “COVID relief” later in the year as the virus variants pop up and the vaccine falters?
When will the money printing stop? When the national debt hits $35 Trillion? $40 Trillion? What’s the casino limit here?

When this orgy stops it will be brutal in the extreme.

[KC_Lion]

Playing Mario Kart is always a good idea. (looking at you Biden)

I would also suggest though to buy more Silver, Gold and Bitcoin as well.

[spokeshave]

all in the red now.

[spokeshave]

Looks like a dead cat bounce.....on wet cement.

[oh8eleven]

The market is set to fall hard. Bought SQQQ at the open.
Hope you're wrong - I have QQQ in my IRA.
On the other hand, I'm waiting for a market dip to buy VDIGX.
Timing is just so, so ... everything.

[volunbeer]

The big boys of Wall Street are in charge again.... the little guys are going to get crushed. Given that most employment is in small business already stressed or destroyed by Covid the results seem predictable.

[MeneMeneTekelUpharsin]

Yessir.

[MeneMeneTekelUpharsin]

The market is set to fall hard. Bought SQQQ at the open.

Not, it's not going to fall. When almost everyone is talking about how much more it is going to go up, all shorts have capitulated and folks are resigned to the fact that the indexes are simply just going to keep climbing into the clouds, then it will fall, and it will be like nothing any of us have ever see in regard to markets in our lifetimes and probably throughout known history.

[MeneMeneTekelUpharsin]

When this orgy stops it will be brutal in the extreme.

The leading Democrats will be notified prior so they can short and then buy back the most valuable securities dirt cheap and rule like despots.

[xp38]

Look to Zimbabwe for the future

[TBall]

I don’t know, I’m thinking the market is looking heavy. It probably will, but hard to believe an upward trend is sustainable in 2021.

[montag813]

Hope you're wrong - I have QQQ in my IRA.

And it has done exceptionally well. I just see a 5-10% correction in the next week or so.

[MeneMeneTekelUpharsin]

but hard to believe an upward trend is sustainable in 2021

Whether YOU or I believe it is sustainable is irrelevant. Some very big people financially are propping it up to ethereal levels somehow.

[cranked]

...as the invisible hand holding a needle hovers over.....