Good morning, Nikkei is up again blah blah blah new highs again blah blah blah. And look at Shanghai opened higher traded higher closer highest and at highest and new highs blah blah blah because economy is so bad that trust funds cannot lend and so must buy more stocks blah blah but don't worry this is so old news it has to be all priced in and don't FORGET that the government already knows the problem and so blah blah QE blah blah stimulus blah blah we will keep rallying anyway And in other news, let me log out and back in.....S2007S you are up!
LOOK at this nonsense.....this is what I find so damn amusing....here we have cramer saying the fed should not raise interest rates because the economy "IS NOT GOING THE WAY IT"S SUPPOSED TO" SUPPOSED TO???? Wait so if the economy isnt going the way ITS SUPPOSED TO then why is the market 1% off its historical highs??? how come markets are up hundreds of percent??? GDP is in the 2-3% range, corporate profits are surging...unemployment nearing historical lows... When is the fed SUPPOSED TO raise rates??? Looking at the stock market alone with unemployment at 5.5% you would think rates would be sitting at 3-4%, nope....rates still stuck at 0% This whole market and the fed is a fucking joke....non stop talk about when the fed is going to raise rates, talk about when they are going to take a word out of their statement, come on already, and these fucking surveys where economists vote when they think the fed is going to raise rates, are we in 4th grade....every single day these same mundane questions, over and over and over and over and over again....... There's no way the Fed should raise interest rates because the economy "is not going the way it's supposed to," CNBC's Jim Cramer said Tuesday ahead of a two-day Fed policy meeting. "I would like to see some March data because, I've got to tell you, February data indicates you should be cutting rates, not raising them," Cramer said on "Squawk on the Street." "I'm not being facetious. I'm just saying, look if you had that data and the rates were 2 percent , you'd probably want to take them down to 1.75." Cramer made his remarks after the Commerce Department reported that February housing starts plummeted 17 percent to 897,000 units, missing economists' estimate of 1.05 million. On Wednesday afternoon, Fed Chair Janet Yellen holds a news conference, with her every word scrutinized for hints about when the Fed will raise its rates. U.S. equities opened Tuesday's session lower, with the Dow Jones industrial average shedding more than 100 points. "We were among the weakest countries in the world in February, which is why it's so funny when we talk about what the Fed is going to do if they're data-dependent. We're building fewer homes than we did when we had half this many people in this country," Cramer added. "It's worrisome." Nevertheless, Cramer said falling gasoline prices help the central bank's case for a rise in interest rates. "That's really what makes retail and restaurants so great." Average gasoline prices in the U.S. have dropped to $2.416 per gallon from $3.523 a year ago, according to data from GasBuddy.com.
Expect huge volatility all day tomorrow especially going into the fed announcement..... Do they drop the word Patience out of their statement, ohhhh is wall street going to hang onto every word she says tomorrow, but no worries she will go into the entire meeting dovish than ever before, and even if she removes the word Patient from the statement she will quickly calm any market drop with her 2:30 conference, she will say I know we removed the word Patience from our statement but don't worry wall street were not raising rates until 2016 or maybe 2017 and that alone will cause a significant rally of at least 2%..... But does she scare wall street and remove the word, nope, about 75% of wall street thinks its going away, but they thought that the last few times and it never happened, I think it stays and causes a major rally, however if she makes it disappear she will just calm wall street with her dovish talk and make sure its known that there will be no rate hike at all this year, so no matter which way you look at tomorrow its a win win win win win win situation for wall street...you can't lose tomorrow afternoon, its up up up up and away. Im thinking 18,000 by Friday. So get ready for tomorrows risk free money printing fed rally. You heard it hear first!!!!
Marc Faber is also laughing that the entire market is hanging on one word "Patience" http://video.cnbc.com/gallery/?video=3000362500
Good evening, Nikkei is up again blah blah blah new highs again blah blah blah. And look at Shanghai opened higher traded higher closer highest and at highest and new highs blah blah blah because economy is so bad that trust funds cannot lend and so must buy more stocks blah blah but don't worry this is so old news it has to be all priced in and don't FORGET that the government already knows the problem and so blah blah QE blah blah stimulus blah blah we will keep rallying anyway And in other news, let me log out and back in.....S2007S you are up!
Yes another night another rally in asia markets. Like I said those markets print money, the Nikkei is up nearly .50% to 1% nearly every night....and if our markets today surge on no rate hike and the word patience being left in the fed statement the Nikkei will be above 20,000 by Friday the Shanghai will surge to 4000 within a month, zero risk in those markets as well. China, Japan's shares clinch new highs ahead of Fed NIKKEI19544.48 +107.48+0.55% SHANGHAI3577.04 +74.20+2.12% HSI24120.08 +218.59+0.91%