NEVER A DOWN DAY IN THE LAND OF PERFECT. FREE MARKETS ARE A THING OF THE PAST. NOW THAT THE FEDERAL RESERVE OWNS THE ENTIRE US STOCK MARKET, ITS ALL UP FROM NOW ON.
Do I wish Plosser was fed chairman .... There are many indicators that tell us interest rates are too low,” Plosser told CNBC at a conference in London. “There is no precedent in history to have rates at zero. I think we are really behaving in a way which is outside of historical norms and that should make us nervous.” And that's where the problem is...no one knows how all of this is going to unfold since we have never experienced such a time like this in our lifetimes or anyone else's.
17630 another historical record high on the Dow... I just want volatility back...this is the most boring trading environment I have seen...
Cashin says there are soooooo mannnnny reasons why the bulls will win. He even says years ending in the number 5 hold up very well for the market.... He says bulls will win...when hasn't the bull won...almost 6 years of gains ...how many more reasons do they need.... http://www.cnbc.com/id/102174154
I know there are trades but there were hundreds of trades...I was in and out of the market for 3 weeks straight ...then the volatility stopped...only made two trades last 2 weeks. I was doing 2 trades in 20 mins when the vix was above 25.
Funny thing about this market is that its valuation today and where it was at the beginning of the year are about the same. Aggregate SP500 earnings are up roughly 10% (as of now they're up roughly 9.5% at $117ish) while the SP500 itself is up a little more than 10%.