17,540... great call, down 65 pts from purchase.. Time to average down? I mean that stop at 17,520 was just for fun, right?
No, America is in the worsest time in twenty years. Traders only contribute to a small percentage of public. Look at the outer public, the average income for the society is decreasing over the ten years, and people's living standard is decreasing. You have to pay more for education and medical care. But your wage doesn't cope with the increasing cost. And also look at the employment rate especially pay more attention to the participation rate, it has been decreasing, i think it's around 65%. just 65%! that shows the real figure of the employment rate and most of the jobs created is from the service sector instead of financial or high tech areas, most of the jobs only offer low wages. America is deteriorateing and will never be what it used to be. Nothing lasts forever, man. Ironically, the ever-going up stock market is a "fantanstic: example of the us today.
I knew some little worm would pop up, were have you been burning the 100 contract gains. First little 10 contract fail and boy here come the worms.
Futures almost green after last nites awesome Japanese economic numbers... Hahaha... Wonder when the US is going to slip into a recession ....unless were still in the same one from 2008....
Greeeeeeeeeen Freeeeee money for all... Markets up 4 weeks in a row going on number 5 Home depot has earnings this week and that should skyrocket the markets to historical highs all week long.
You can't make this up.....Bob Pisani writes this headline this morning....."More stimulus coming after Japan GDP shocker?" People need to wake the fuck up and realize enough is enough with the stimulus....it's not the way you fix any broken economy, the US economy is broken from the trillions of stimulus it has pumped into the system but you don't realize it yet....you don't fight a recession with more debt and free money and QE and tarp and everything else they throw at the market, you don't fight a recession at all, you let the cycle run its course and allow the recession to take place even if it means years of negative gdp and zero job growth...they all fail to understand this which will leave to greater consequences in the end. Just sit back and watch because it's going to happen. More stimulus coming after Japan GDP shocker? Bob Pisani | @BobPisani 23 Mins AgoCNBC.com 18 SHARES 2 COMMENTSHalliburton-Baker Hughes deal went through. It was Japan GDP going negative—for the second straight quarter. I don't know what you call GDP coming in negative 1.6 percent for the quarter when the consensus was growth of 2.1 percent, but it certainly is a shock. That, following a 7.1 percent fall in the second quarter! The first quarter showed an increase of 6.7 percent. Read MoreJapan shocks as economy slips into recession The second planned sales tax hike is now unlikely to happen. More importantly, Prime Minister Shinzo Abe is not going to declare Abenomics a failure; if anything this will likely accelerate demands for even more monetary easing. According to Davy Research, the bulk of the decline was caused by business destocking, a temporary response to the dip in consumer spending in the second quarter. Maybe. But Japan is a big producer of machinery used in Chinese factories. That is stoking some concern that China may have slowed down its order rate, raising questions about China's 7 percent GDP. Remember Abe's "three arrows": fiscal stimulus, monetary easing and structural reform. He hasn't done much with his "third arrow" to make it easier for foreign and domestic entrepreneurs to open new businesses. You will likely hear more about that. Also in Asia, the much-discussed Shanghai-Hong Kong stock exchange link went live Sunday night. David Friedland at Interactive Brokers Hong Kong office said trading appeared to have gone off without a hitch.