Cheese
1,374 posts
msg #152866
- Ignore Cheese |
6/30/2020 4:24:28 PM
@karennma
MrTopStep seemed to think that was pump and dump.
38 mins to close, market imbalance was $6 billion to buy
34 mins to close, market imbalance was $2 billion to buy
32 mins to close, market imbalance only $1 billion to buy
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shillllihs
6,046 posts
msg #152867
- Ignore shillllihs |
6/30/2020 4:36:06 PM
MrTutiFruti and BigPoppaPump say BUY but what do they know.
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karennma
8,057 posts
msg #152870
- Ignore karennma |
6/30/2020 5:10:49 PM
SMH ...
Thanks for the info ...
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karennma
8,057 posts
msg #152877
- Ignore karennma |
7/1/2020 9:00:23 AM
Re: "long the market like 2000 ..."
Like 2000?
Whaaa hahaha!
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Cheese
1,374 posts
msg #152880
- Ignore Cheese
modified |
7/1/2020 10:02:09 AM
karennma
Yesterday June 30, market indices went up
But NYSE Advancing Issues $NYADV went down around 13%
and NYSE Declining Issues $NYDEC went up around 45%
This probably means that market indices went up with a few heavy weights
but the markets themselves are still tentative and may still have structural weaknesses.
Historically, a short trading week tends to close up
with Da Boyz big bosses already taking off early for a summer long weekend
and shops are run by shoe shiners and training bots, all on short leashes.
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karennma
8,057 posts
msg #152889
- Ignore karennma
modified |
7/2/2020 8:25:08 AM
Re: Bubble ...
THIS IS NOT GOING TO STOP ...
Read this:
Quote: "Just yesterday Fed Chair Jerome Powell emphasized to Congress that the Fed is “years away from halting its assets monetization scheme.”
"The next step will be for the Fed to buy stocks. "
https://gainspainscapital.com/2020/06/17/the-fed-just-admitted-it-wont-stop-printing-money-for-years-heres-how-to-profit-from-this/
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Cheese
1,374 posts
msg #152891
- Ignore Cheese |
7/2/2020 10:17:15 AM
karennma
At the end, only price pays. Reasons don't pay.
I was not all in so I've missed some of the ramping up.
But I have no regret for being cautious.
Some of us should know in a few weeks whether this virus is patriotic or not.
Yesterday for the second day, advancing issues $NYADV declined
and declining issues $NYDEC increased. In the past, this usually meant
stealth distribution.
A few years ago, there was one detailed explanation of the job numbers report.
Part of it is based on the Births and Deaths model. So, if the report says there were
240,000 jobs created then about 180,000 were modeled numbers.
For June 2020, more people went back to the their jobs.
New jobs were not created.
Happy waiting and investing.
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karennma
8,057 posts
msg #152892
- Ignore karennma
modified |
7/2/2020 10:34:21 AM
Cheese
719 posts
msg #152891
- Ignore Cheese 7/2/2020 10:17:15 AM
karennma
Some of us should know in a few weeks whether this virus is patriotic or not.
========================================================
Patriotic? Seriously?
Surely, you must know by now, the market doesn't give a rat's @$$ about Fauci's (+ Gates') fake virus so they can sell their poisonous vaccines.
(no offense ... this is JMHO.)
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karennma
8,057 posts
msg #152893
- Ignore karennma
modified |
7/2/2020 10:45:46 AM
Cheese
719 posts
msg #152891
- Ignore Cheese 7/2/2020 10:17:15 AM
karennma
At the end, only price pays. Reasons don't pay.
======================================
I'm not sure I know what you mean ("reasons don't pay").
IMHO, reasons pay a lot of people. The people who don't understand valuations and economics are riding this market like it's 1999.
The "reason" ...
Clearly, Fed buying is a major PUMP.
What's happening now has nothing to do with old school basic economic principles
Economic considerations are "on ignore".
This is way beyond pumping "liquidity" into the markets ...
(again, no offense - JMHO. I appreciate your feedback.)
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karennma
8,057 posts
msg #152894
- Ignore karennma |
7/2/2020 10:59:51 AM
However, to the President's credit - he IS transparent.
He did say ahead of time, stay in the market, "how do you like your 401K", etc.
He ain't lyin' ... LOL!
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