As we hit new highs for the session crys CNBC....so predictable right at lunch time....same thing over and over and over
$56.07, wow, by the time this day ends we will paying about .15 cents extra at the pump tonight.... market back up, zero risk as everyone is buying anything and everything, by the end of the week the dow should be sitting pretty above 18400++
This is why they manipulate the VIX. It would be at 8 now had they not gaped it up Monday. Same thing will happen this coming Monday. It will gap up so they can move the indexes higher without the VIX hitting ZERO.
Im surprised it took them this many years to figure it out, I remember when the stock market was a stock market, it had ups and downs and lefts and rights, today just one way up....I don't know why they didn't print their way to prosperity as soon as they knew they could do such a thing, think about there would have been no such thing as 1929 or 1987, the the dot com collapse would have never happened and the housing crisis wouldn't have existed as well, all they need to do is print print print and anything and everything can be avoided, no such thing as depressions or recessions, no such thing as bubbles or or tops, just one straight up move forever and ever and ever and ever and ever.....
Fed beige just came out, and its even more bullish than I expected, this should push the markets up another 1% by the close....dow up 122 after this came out.....free money just keeps pouring in..... Economic growth "slight," manufacturing "weak," but autos, housing gain: Fed Jeff Cox | @JeffCoxCNBCcom 1 Min Ago Federal Reserve officials painted a mostly uninspiring picture in their latest economic assessment, calling growth overall "slight" or "moderate" across most of the country Overall, the Fed's 12 districts did report strength in real estate and housing. However, manufacturing in recent days has been "weak" and retail sales "mixed," according to the latest Beige Book account. District observers blamed much of the weakness on a West Coast port strike, inclement weather and lower oil prices. There were oil-related layoffs across several districts and only "modest" or "moderate" wage pressures. Manufacturing profits were "down significantly." "Demand for manufactured products was mixed during the current reporting period," the report said. "Weakening activity was attributed in part to the strong dollar, falling oil prices, and the harsh winter weather." The report comes amid sharply diminished expectations for first-quarter growth. The Atlanta Fed's GDPNow tracker has gross domestic product for the U.S. economy gaining just 0.2 percent for the period, though that has seen a slight uptick in recent weeks. On the employment front, companies reported having problems finding skilled workers. Retail sales, though, got a lift from better weather and low energy costs. Auto sales and travel also rebounded from the winter weather. Services firms, particularly those with a tech orientation, were fairly positive. East Coast ports reported gains because of the West Coast port strike. Perhaps most importantly, signs began to emerge that consumers were spending the savings they reaped from falling energy prices. Banking conditions were "positive" while agriculture "slightly worsened."
couldn't resist the huge sales today on some short ETFs Added more position to ERY @ 16.39 Bought yesterday around $18.10 C.A now at around $17.50, this stock moves quick, any drop in oil below $50 again and this is going to $19+ I own UWTI so that will help me out if oil continues to rally... Added new position in SOXS @ 11.10, this stock can jump very quick, last time it traded to 10.35 low it jumped to $13.75 in a few days! Added more position in JDST @ 8.93 this one has done well every time I have bought it around 8-10 area, when it does jump to $10.50-$12 range sell and wait and buy back....moves 5-20% a day.... figure why not take a little risk and some shorts, might get lucky but we all know its risk free for anyone long, I like to trade against the crowd....
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