Average US citizens leaving there jobs to open trading account to day trade. Says it looks so easy because the markets rise every day.
As we near our session highs....perfect timing....So easy making all this risk free money...I'm gonna be rich $$$$$$$$$$$$$$$$$$$$
Russell futures now used to get people to short the other indicies then cover right back at the late morning highs.
Yep the same thing over and over and over again!!!! Tomorrow the news will be that trade talks are close to being done and the markets jump 2% only followed my news on Friday that there will be no deal until at least June and the markets will give back last week's gain....rinse and repeat....all games. Stocks rapidly give back gains on report China walking back trade concessions PUBLISHED TUE, MAR 19 2019 • 3:38 AM EDT UPDATED MOMENTS AGO Fred Imbert
Amazon all of sudden headed for a trillion dollar market cap in 2 weeks! Market rising on only a handful of stocks as usual.
Relax people... It's massive corporate buybacks done by companies who's execs are all cashing out at the same time, no deal brexit is coming next week when EU parliament rejects Article 50 Extension, everyone knows it... The last rush for insiders to sell before the sell-off starts Fed will say usual stuff, likely say they will end QT in late September, but they can at any time fire up CNBC Camera's, hold a press conference and say we are stopping QT immediately, which will happen instead of waiting for end September... China's Minsky is inching closer, things are the worst in China since there banking crisis of the 90s, a lot of companies all co signed to be each other's collateral's, and they are all defaulting now, the defaults have increased at a very high pace. China blocked all those currency Forex money launderers, people in Vancouver can't pay there bills cause they were so dependent on loans from China ( I know this for a fact ). Australia banking system is collapsing, Australia's GDP per Capita is in a recession and shrinking over 100 Billion a month due to non stop RE declines, once Unemployement starts edging up in April, with majority of personal wealth tied in RE, declines of 20 % from it's highs will be total catastrophe Will the stock market have a vicious crash or Central banks buy indexes of there markets to have decline in bear market area ? Who knows, but it's clear as day to anyone paying attention, this will be the biggest recession in modern times, a major global recession with landmines at every corner of the world
Just to get an idea of how Insane China's blow up will be, look at Investment per GDP https://en.wikipedia.org/wiki/List_of_countries_by_gross_fixed_investment_as_percentage_of_GDP China GDP on paper ( which is fiction on fiction ) according to there own data, Investment per GDP is 45 %, reality is 50 %... On Paper China is more dependent on Investments for there GDP then Haiti!!!! There Banking system has 48 Trillion US Debt on paper, reality could be 55-60 Trillion US yet Equities is 3 Trillion... They have 0 room left for debt, and any printing going forward will be to stop blow ups and to service government deficit ( around 10 % of GDP already )... They cut reserve 5 times since 2018, shortly to be a 6th time as they spoke about 2 weeks ago, cut taxes on everything they can, and yet imports are still collapsing, while printing hundreds of Billions US a month!!!! It's a full blown QE since early 2018 and they are still collapsing, that's the whoa part So half of your GDP is reliant on direct Debt, at a time where offshore money stopped flowing in and your insane non stop printing is crushing your population to the point where you collapsed your consumption economy, making Chinese households the most indebted in the world, if you look at Price per Income Ratio's and Mortgage to Income Ratio's. Total GDP Collapse awaiting China is flat out wtf is gonna happen to them... China Consumption GDP is very low in the 40s, true number is in low 30s and they can't expand on Investments anymore due to sky high debt levels, in every sector of there country GDP Per Capita, China is at 8,800 US... Countries like Romania or Mexico have a higher GDP per Capita, consumption levels are shot in China due to insane Inflation... No more massive debt party, real consumption levels are below very poor countries, real GDP is below poor countries, rampant defaults, Inflation absolutely out of control, Housing Deflation while massive QE's have been happening, there housing Inflation was 4,5 % in January 2019 with 5 % of GDP Printed that month, January 2018 Housing Inflation was 14,5 % with a smaller QE that month. By there own admission of fake numbers, Housing Deflated 10 % YoY with a higher Inflation liquidity dump. Music Stops, the bowls over...