Are you here to make money or point out the crookedness of the markets. The stock market has been and always will be full of lies and corruption.
Volume just pathetic as markets continue to break new highs SPY volume today didn't even break 60,000,000, not even close to its average 3 month volume.....and of course they mentioned the shorts and how they weren't bothering to cover as new highs set in... I will guarantee you that the next huge one day jump in the markets will be based on shorts covering their positions, that seems to be the excuse they give every time the markets are at or near new highs...it has nothing to do with shorts covering their positions...right now no one has a clue why the markets are at record highs all while GDP forecasts have been cut, earnings forecast have dropped and all the while we have had 5 straight months of industrial production falling...on top of that but it also seems the word recession is being thrown around now...so with economic numbers looking worse and worse it only means new record highs for the markets day after day after day....Im wondering, if GDP figures keep coming down and markets keep rising, what will happen when they start raising GDP figures, is the dow going to jump through 20,000....the market is immune to any negative economic forecasts going forward... SPDR S&P 500 ETF (SPY) -NYSEArca Watchlist 213.07 0.63(0.30%) 4:00PM EDT After Hours : 213.18 0.11 (0.05%) 4:06PM EDT - Nasdaq Real Time Price Add to Portfolio Prev Close: 212.44 Open: 212.24 Bid: 213.19 x 5600 Ask: 213.20 x 5800 NAV¹: 212.47 Net Assets²: 173.94B YTD Return (Mkt)²: 1.87% Day's Range: 212.16 - 213.40 52wk Range: 181.92 - 213.40 Volume: 57,977,101 Avg Vol (3m): 106,385,000 P/E (ttm)²: 18 Yield (ttm)²: 1.89
Economic data shows slow US economy => market goes up because Fed will delay raising rates. Companies warn about next Q revenue => market goes up because Fed will delay raising rates. Consumer sentiment is lower than expected => market goes up because Fed will delay raising rates. Chinese growth slows because of global slowdown => market goes up because Fed will delay raising rates. Companies report better than expected results => market goes up because of good news Unemployment rate goes down =>market goes up because of good news. Absolutely there is no news !! = > market goes up because of no news.
I am making money. I short and at the same time sell PUTs so in long run I am making money but not day by day.
I don't understand...how can you be short and make money if the market goes up? I thought you were long IWM puts?
He's obviously losing money, everything he posts about is an aggressive short. I thought he was smarter then complete idiots like S2007S. Perhaps he'll outline his position now and prove he's not entirely full of shit like S2007S that is also supposedly long and short all the time and posts about winning trades every day no matter what direction markets go. We need genuine people here, not bs artists. If you are calling a top, and calling out short trades to try to profit from that top, then own that don't try to suggest you can be profitable and bet on a huge market reversal.
Oh look the stock index futures are rising, glad I'm long,we will more than likely rise slowly till the end of Q2. This is so easy making risk free money $$$$$
Making money while you sleep $$$....looks like where back to the mega ramps at 2:00am cst. This had been occurring at around 4:00am cst. Two o'clock AM is the normal ramp up time.