Rigged? No. Heavily manipulated, yes.
P.S. We know the markets are manipulated when Jim Cramer on live TV says he can tank Wal-Mart stock...then does.
Buying a security is like betting in a casino. The house has the odds, but they occasionally allow someone to win in order to keep the suckers at the tables.
watch the gold market. almost every day, just before open, then fed dumps gold contracts to try and keep the price of gold down.
they don’t care about losing ‘money’... since they’re literally printing it.
CBS News is rigged. I believe nothing CBS says.
THE Berlin Stock Exchange still existsas a building,
as an institution with large offices, with brokers and
bankers, with a huge organization for daily announcement
of stock and bond quotations. But it is only a
pale imitation of its former self and of what a stock
exchange is supposed to be. For the Stock Exchange
cannot function if and when the State regulates the flow
of capital and destroys the confidence of investors in
the sanctity of their property rights.
it’s not just the unseen movers. Little ole me could not help but notice when trading through Schwab when I bought something through them the transaction would always take 3 or 4 days. The settled price was always the highest quote for that period. When selling the contrary was always true. Stick it Chuck.
"Step right up ladies and gentlemen!!"
You have it right.
Traders with massive capability have an advaantage in the short and very short term.
Those who buy and hold are not substantially effected by that advantage. If you set the buy or sell price, you get what you want or don’t. Then , you try again.