FREE MONEY THURSDAY for the entire global market.... Tomorrow ECB handing out hundred's of billions....free free free...markets will surge on this news creating more millionaires.... Nothing like more QE ...every country should do QE ...free money and stock markets never fall....this should prop up the Dow to 20K by March or April ... Multiple news outlets quoted sources in reporting the ECB's executive board had proposed monthly bond purchases of roughly 50 billion euros in a quantitative easing program that would last at least a year."That gets you to 600 billion euros, which is north of expectations, so if in fact the source is credible that's enough to have markets reacting positively; buy the rumor and sell the news," Art Hogan, chief market strategist at Wunderlich Securities, said.
Go long ES at the close of cash equity markets today. I'm going long YM 50 contracts now 17490, stop for half position 17390, the other half at 17350. Profit target 17710. Good luck to everyone.
Markets have longest winning streak of the year.... 3 days in a row. Tomorrow will make it 4 days without question ....
Tomorrow easy 1% higher on the open. Dow 18,000 by Monday of next week. Markets wanted more QE and they are getting just that tomorrow from the ECB...if it didn't happen all the little bitches on wallstreet would cry like pathetic fools...
One guy placing $450k bet that the SPY falls 5% between today and Fridays close....this guy must have about $10 million bucks worth of long positions to be wagering a bet that's going to stand for 2 trading sessions. I wonder if that person doesn't know about the risk free money making markets....or maybe he thinks or knows the ECB will do a lot less QE than everyone is hoping for. http://www.cnbc.com/id/102356766
Oh and AXP and EBAY laying off thousands of people but no worries this bull market will still be moving up higher and higher.
Futures up almost 1/2%%%% The market is already rising on this ecb announcement of more free money... QE QE QE QE Free money for everyone Lagarde says QE is already working in Europe http://www.cnbc.com/id/102355809