one of those days where the markets don't see any pull back and rally straight into the close, the dow should push up anywhere from 250-300 points by the close.... Again this is all because of the fed, this is yet another fed induced rally because of DOVISH talk yet again.....they will not and never will be hawkish....as for rate hikes, yep now we can anticipate it somewhere in DECEMBER, ohhhhh and it will be a whole .25%, wow...watch out....if I had woken up from a decade long sleep and turned on cnbc and listened to all the fools who say how strong the economy is, how corporate earnings are growing and profits are outstanding with historical low unemployment, new car sales through the roof and housing prices rising the last 6 years, stock buybacks at record highs... a great ipo market.... more billion dollar startup companies than we have ever seen in our lifetimes....if someone told me to take a guess where the fed funds rate was at, I would say 5%-6%, but because the fed has a $4 Trillion + on their balance sheet and the economy is can't even stand on its own without the prop job the fed has created we now have 0% rates...
Headline on cnbc moments ago....."Dow Jumps 200 points on DOVISH FED" As I said days ago, the fed will bow to wall street forever... Look at what I highlighted in red.....I can't stop laughing, "PEOPLE WERE CONCERNED" What the fuck is this guy talking about, "people were concerned" I love how this market is now concerned about a hawkish fed, we need a hawkish fed to wake this fucking market up and bring it back to reality because its so far off from reality that when it finally becomes reality and people finally realize the real nature of this market they will understand that the fed had no clue in what they were doing to keep the crisis under control, what they really did was create the next crisis..... Nasdaq up 1%, Dow jumps 200 points on dovish Fed Evelyn Cheng | @chengevelyn 6 Mins AgoCNBC.com 59 U.S. stocks advanced on Thursday as investors eyed economic data following Wednesday's Fed statement and awaited developments on the Greece debt talks. "People were concerned if the Fed would be more hawkish. That shift did not occur and that gave relief," said Adam Sarhan, CEO of Sarhan Capital. Investors also eyed the weaker dollar, which hit a 1-month low after the Fed statement. The euro gained to above $1.14, while the yen was stronger against the dollar at 123 yen. Stocks closed mildly higher on Wednesday after the U.S. Federal Reserve left interest rates on hold and said the country's economy was likely to be strong enough to withstand a rate hike this year.
not yet, but Im looking at BIS, SRTY and SOXS I sold TNA on Monday at $91, knew I should have held into the meeting but didn't want to get to greedy so I took my profits, not worried though, the markets will be back down 2-3% in the next couple of weeks where I will buy again....getting ready for October 2014 lows...
Funny to read the title, "SINCE TECH BUBBLE" because if you really think about it, the reason why the nasdaq is back up at these record levels once again is because of the new bubble the markets are in, as I said before the only way they can grow and economy and push stocks to record highs is through asset bubbles, the last 25 years has been nothing but asset bubbles to create these record bubbles we have seen over and over and over again....of course this time its different HAHAHAHA The next collapse will take the nasdaq below 3000 so just sit back and wait, get some money together and once it falls 50% slowly make your way back into the market, no need to rush in at these historical highs thinking the nasdaq is never going to drop again, it will and the next drop will be just as big as the last one... TOP NEWS & ANALYSIS[/paste:font] Nasdaq soars to all-time record since tech bubble The index hit its highest intraday level since 2000 after a Dovish Fed statement.
REMEMBER THIS HEADLINE, its from cnbc dates JUNE 18th 2015 "WHAT BUBBLE? NASDAQ SETS ALL-TIME HIGH" hahah little does she know the reason why the nasdaq is at an historical high is because were in a bubble, the bubble as of right now is why nasdaq is at 5000+ WELCOME TO THE BUBBLE.... What bubble? Nasdaq sets all-time high Evelyn Cheng | @chengevelyn 8 Mins Ago
His main holding today is TZA, down another 5%. So he's angry and complaining about the fed and "fools" in large colorful fonts. Sometimes I think Baron invented this character to drum up board interest.