Hit new highs or crash?

LOL

"Buy the news"

http://www.zerohedge.com/news/2014-02-07/despite-dismal-jobs-reports-what-just-sent-equities-higher

 

the same thing I did. bought the "news" dip.

umemp.rate is 6.6%. Fed's thrashold is 6.5%. No further money will be injected into the stock market, but today I bet it is still green.

if the economy growth outpaces thewithdrawal, we still have some meaningful bounce.

 

I'm not going short until the FED starts to unload its balance sheet, which they said won't happen through 2015.

 

ES up 1.3% after jobs data. Behold :eek:

 

WTF

This Yellen must be Bernanke on steroids. Why do I even bother...

 

Yes, I don't know why. You must enjoy humiliating yourself.

 

This.
Easy money ahead.

 

You should probably brush up on trend channels, at least the one you've been in since 11 '12

 

Nothing can derail this bull market. Buy all dips. This isn't even a real market. I would say that there isn't even a Yellen put -- it is a sovereign put.

6.6% unemployment has no more meaning since corporations just achieve earnings gains by firing workers and invest in technology to automate the tasks away.

The only thing that will crash this market a sovereign debt bomb probably from one of the PIIGS countries most likely France or Spain. Then the European banks will collapse just like they did after the 1931 collapse of Creditanstalt.

 

Sovereign Put - never heard it stated like that but I think that sums it up.

Interest rates rise, US Fed.gov debt service costs explode. Only way to keep rates low is with continual back door purchases of treasuries on the open market. QE is not for jobs, the economy, or the stock market, even though that is an intended side effect. It is to prevent the US Government from defaulting on its debt.

"Give me control of a nations money supply, and I care not who makes its laws"
-Famous central banker