yes, it was critical to save Q4...markets were on the perch a week ago, and now a week later the herd is tripping over themselves to buy it 1000 points higher...strange times.
Every time there is a bearish daily candle you can bet they will jam the futures up overnight. Just like last October. Earnings, who cares this market is run my the money printers, and they can print all they want no questions asked. FREE MONEY FOR ALL WHO GO LONG.
FED minutes win over the market once again, just like I said the fed has once again bowed to wall street giving a bunch of dovish talk in their minutes today!!!! UP 1000 points in LESS THAN A WEEK!!!!! Get ready for some real volatility ahead of earnings season next week!!!!!!! TOP NEWS & ANALYSIS Dow climbs, topping 17K, after Fed minutes The last time the S&P 500 broke 2,000 in intraday trade was on Sept. 17, when the Federal Reserve released its statement.
The yellen put is 1000x better than the greenspan put. All it takes is a 10% selloff on the S&P to trigger a reaction.
Just goes to show it's not about earnings, employment, are anything else. Its all about the money printers...PERIOD!
No one cares about earnings, whatever they are, what is important is the monetary policy of the Fed Reserve. Nothing else matters.
JUST LIKE LAST OCTOBER, JUST SIT TIGHT THIS WILL BE SO EASY, THEY WON'T LET IT FALL 0.50%. EVERYDAY IS AN UP DAY IN TGHE LAND OF PERFECT.