These last two days of losses, will more than likely be erased by Mondays close. I will be here so don't you worry about that.
I didn't touch this market today, just another boring day on my end, I know sunday night the futures will get juiced just like they did last Sunday night when news came out that by mid week greece would have its free bailout, that of course never happened, so the scene for next week is the same exact, June 30th is it, they will announce either before markets open in asia that greece got the bailout, if it doesn't happen markets will still rally on anticipation of it happening by Tuesday, by Wednesday its a guarantee greece will get its free bailout at that point or an Extension which to me is still a bailout since there is no such thing as the word default, after the extension all US markets will surge, nasdaq will be at historical highs by either Monday or Tuesday and by the close of next week the dow will be ever so close to its historical high, so get ready for a complete surge in the markets all next week on the bailout of greece, you heard it here first, this market is NOT going down next week, its only going higher...records will be broken next week. Buy now for your risk free money....
The rally already started in TNA, it closed at $95.42 and within SECONDS of the market closing it jumped to $96+ by Monday morning it will be sitting pretty above $97 and a record high of $100+ by Either monday close or Tuesday....unbelievable how much power this market has....today could have been bad but they propped it up, good job guys
Whatever ends up happening with this market, i sure hope action picks up some time soon, (i know it wont cause its summer) basically after the first 20 minutes of the day no point in trading anymore, a couple times today i thought i lost my internet connection cause literally everything on my screens wasnt even making a tick 1 way or the other. Worst trading market ever.
I noticed that as well ...these are the new markets controlled by robots....this is no longer a mom and pop stock market...they left and will never br back because they know the risk and how fake and rigged these markets are....if anyone is close to retiring and has all there money in this market I feel sorry for them...I don't believe any assest class is safe anymore in this market....I know people today have a different mind set of shat this market is really about especially after 2 bubbles in only 15 years.....the 3rd one is finally here and there wont be escaping it...if anything anyone going into this boring low volume market should think twice and say let me take a step back and wait for the bear market to come before putting my dollars to work....if anything the masses should embrace a bear market...why rush in now...wouldn't it be great to buy the Dow say at 12,000 vs 18,000 ....people should welcome a correction ...they are very healthy for market cycles...trying to eliminate all corrections like the foolish fed has done will only lead to a greater collapse when the time comes....a simple bear market every 18 months is healthy...but even a 3% dip gets all of wallstreet to cry like the little bitches they are... they can't even handle a 5% dip just imagine what a 12% or 17% dip would be like.....China just experienced a 19% dip in less than a month...wait till that happens here...cnbc will have breaking news every 8 seconds on the fed emergency meetings and what they can do to prop it up...haha...anyway next week Greece gets there 1000th bailout so maybe stocks will move a bit better even though volume has been pathetic for quite sometime now....just trade with the robots 4 minutes into the open and 7 minutes into the close...make sure you know how to front run the markets...if you can't then oh well...