That is true, reason is there economy is slowing, GDP is about 7% and the world is used to double digit GDP from china so with a GDP of around 7% things are certainly slowing in china especially since no one is moving into those ghost cities and buying anything from the ghost malls yet they keep building and building to keep that GDP floating higher, because once china slows the whole world slows, don't believe anyone thats says thats not true, once china does slow thats pretty much it, the world economies are going to sink very fast...
This really is the land of perfect. Where stocks only rise and never fall very far. If they do fall just buy buy buy. Because they will go right back up. How can you say this with such confidence..Well friend this little company call federal reserve has unlimited amounts of money. Every time the stock market starts to fall they speak something positive and the market goes right back up.
You know that saying by buffet from the days of the financial crisis goes something like this 'Be Fearful When Others Are Greedy and Greedy When Others Are Fearful' Im laughing at that quote because I don't think that quote stands true at all, if it did the markets wouldn't be at historical highs in the first place.....think about it.... be fearful when others are greedy, the entire global market is filled with greedy fools... the markets are up 200% in 6 short years, global markets are up double digits and its only the second quarter of 2015, thats greed right there, $70 Trillion in total global equity market value up from $34 trillion in 2008, thats greed right there, central banks pumping up the markets with free trillions, thats more greed.....ummm BUBBLE ben bernanke and QE and free bailouts, thats greed.....yellen bowing to wall street and staying as dovish as she can all while rates stay at zero percent....on top of that europe china and japan are doing their own style of QE, well thats greed right there, anything to do with propping up the markets is automatically considered greed, its simple as that.....so figuring that quote "be fearful when others are greedy doesn't even hold true...
ZERO RISK MARKET...EVERYONE SHOULD BE MAKING A KILLING....IF YOUR NOT...GET OUT YOU HAVE NO BUSINESS IN THE MARKET.
Has anyone ever look at the spread on Netflix...good heavens you can float a battleship thu that spread. Just bought a tiny bit for kicks, see what happens after the close. This is just having some fun with my easy money being made.
RSX is jumping every day now, another ETF to add to that list, thats the Russia ETF, I remember that etf was dropping and dropping, fell to around $14 a share, now over $20, nearly a 50% return in only a few months, I bought RUSL pre split but sold way ahead of the huge rally its had, now Im thinking to add some RUSS, down in the single digits....I don't think everything is better just yet, could make for some cool returns