Of course those clowns aren't really happy. They're just putting on a happy face to fool the public into buying. Thats all it is.
Bloomberg is a much more unbiased station, IMO. They have fewer yahoos, when it comes to station invitees.
A stock index futures contract is a financially settled contract based on an underlying index. In essense, neither side is long or short, just opposite sides of the contract. Hence it would be impossible to ban short selling futures.
unbiased ? when a member of govt owns the damn thing ? no yahoos? how about Marc faber , does not actively trade yet acts like he is a hedge fund manager and he got that stupid high pitch robot voice of his : NNNNNNNNnnnnnnggggggggggggg.....
To some extent it (banning on selling derivatives) already occurred. Taken straight from tdameritrade site (my broker): "How do the temporary short selling rules on the 799 financial companies affect options trading? Option traders will not be able to initiate opening transactions on the 799 companies that would lead to a net short equity position if exercised or assigned. Such positions opened prior to Friday, September 19 are not affected by the new short sale rules. Examples of the rule's application on options trading: ⢠Options-approved clients will still be able to buy to open and sell to close long puts, but they will not be able to exercise puts unless they are holding the underlying stock. ⢠Selling uncovered (naked) calls is not allowed."
Uncle Sam is martigaling... Averaging down... If there is a significant upswing they cash out... if not... They'll just print more money.