Buying-opportunity ping.
Buying-opportunity ping.
Buy, sell or short the TVIX for some real excitement - just try to follow the headlines and beat the computers to the trade - lotsa luck ...
The bounce back came following reporting on the Fed that it will not likely retreat now from its QE agenda - meaning it will continue to dump money into Wall Street and Wall Street will continue to not lend it but buy stocks with it, again, until they are again willing to admit the long term folly of that and sell again to get some cash out before the lemmings start to get in on their sell off.
The small investor has been taken for a ride by the Fed and the Wall Street banks, and the Fed and the big banks will keep doing it until the Fed is finally forced to raise interest rates; at which time there will be another sell-off before the unwinding of QE starts raising the interest rates & the inflation rate.
Yellen et all are screwing especially many of “the elderly” with money put away in savings and other things with fixed returns based on today’s low interest rates. The same citizens will again get screwed when the unwinding of the Fed’s QE hits and inflation begins to eat, from its direction, at the value of what “the elderly” have put away. What the elderly have saved is being made worth less (growing less) by what the Fed is doing now and the inflation that will result from the unwinding of the Fed’s QE will make what the elderly have left to spend worth less.
Recently Yellen made a speech about “inequality” in our economy, and she tried to say it was a cause of poor economic performance. Her argument is false and she doesn’t have a moral leg to stand on on that point, given the losers in our economy the Fed’s programs are creating.
There is only one thing to know about the market bounce. The Fed announced it is going to keep buying with “created” money.
Don’t know what will come of this but sounds pretty good.
Wal-Mart’s new everyday low price: A $40 doctor visit
http://www.freerepublic.com/focus/f-news/3217213/posts
This past week the FED said they will continue to print money. That was all Wall Street needed to hear to keep the “rigged show” going.
have a good and productive Monday!!!
Fracking is boosting the USD and US economy for the time being. But more important has been the Federal Reserve flooding the system with phony money since 2008. They have successfully pulled this off so far even with rising prices
This FR money torrent has driven the stock market and goosed housing in many areas. Phoney Obama/phony money/ but so far the hypnotizable sheeple are accepting both and chewing their cud peacefully. Only a black swan event will jolt them out of this hypnotic state, due to half of modern economics is the psychological state of consumer happiness and confidence due to our economy being a consumer driven one.
One thing for certain .... it seems that for the time being freepers who are sitting on their cash waiting for the dow to drop below 10k before they buy back in are going to have to continue to wait.
I had to find this thread again. The world market will probably crash some day. (bible says it will). But its not gonna happen this week.