Stop the trolling with cheerleading and verify your SPY calls although you've refused to do such since late April. Money on the sidelines will slowly return back to the market with bigger pompoms. Raise your pompoms up when the market is UP. Put your pompoms down when the market is DOWN. Baby put them Up / Down 123... You never miss a beat...but you keep cruising...its going to be alright... wrbtrader
More free fucking money for everyone.. as I keep saying this economy is totally worthless, it's the fed printing press that props stocks up. Zero free markets, fed printing press is the only reason for equity gains!!! 16 million unemployed so of course they have to pump the markets up with free trillions..... https://www.cnbc.com/2020/04/08/stock-market-futures-open-to-close-news.html
I am gonna have to put S on ignore as the entertainment value has eroded to almost nothing... While I do appreciate Mr. Green's bull cheering, I'd like to ask both sides refrain from being too excited about pre/post hour actions. well - the correct way to interpret is this - the pre/post hour is thin, and easier to manipulate... that's why in the past 3-4 weeks there are so many big gap downs so my boyz could scoop cheap.. the gap ups are also prone to get sold into but to a lesser degree because greed is a less intense emotion, than fear.
I'm with you about too much Fed stimulus in general... and over the years. But considering what it means to have a significant portion of the economy shut down, perhaps it's justified and even necessary for now. (Fed would have been much more credible had it not been juicing the markets all along and saved its firepower for a time such as this.)
They are literally handing out free money to small businesses. The bailouts are non stop...this is not how economics 101 works!!! The fed has juiced the markets the last 30 years and juiced it to extremes the last decade to keep the bull market in place. Its okay for the economy to have a setback but the reason we see these big drawdowns is because of the recent fed pumping. They dont know how to stop or ease up. If you think the last decade had a lot of fed intervention these next 2 to 3 decades the fed will be printing around the clock and doing anything and everything to keep the economy from a recession. The fed will be full force literally for the next 2 decades handing out free trillions..
Can't disagree with any of that. Are we on the path to joining Weimar, Zimbabwe, Turkey, Argentina, et al?
I think it’s free money only the portion for salary use. The rest is a loan. It’s either salary loan forgiveness or unemployment.