walmart the biggest retailer in the world misses earnings by 4 cents and lowers outlook, yea something is certainly not well when the biggest retailer in the world misses earnings, but they keep saying how strong the US economy is...looks like the earnings miss from walmart will put the fed off on raising rates for another 6 months to a year.....
oh and no worries, china was just down 6% last night, no worries though, everything is fine, yesterday the dow went from a triple digit loss to gains in minutes on some of the worst economic news, so china being down 6% and walmart missing earnings should send the markets up at least 1% this week, and don't forget the fed, they will on lookout this week, so no worries, buy the dips and get ready for huge historical gains and highs.
Never a down day in the land of perfect. A land where the central bank props up the stock market so no one looses. Everyone is happy in the land of perfect.
Up up up and away we go. Markets have recovered there losses as we near the highs of the session. Wall street looks set to make it 5 up days in a row.
Everyone knows the central banks are active in the stock index futures market. Not stocks specifically, but stock index futures.
Because cavemen don't use stops And to give perspective to what I posted in response to his post regarding never a down day in land of perfect, I don't dispute CB interventions in index futures, just the comment about never a down day, which is non-factual, just look at a chart FGS.