Doesn't have to be that long, some time with in the next 40 years we will all be dead. As will will the Fed members and all the politicians responsible for this mess, so they dont care.
Was just reading on another forum that a guy made more money in the last 5 days than he has working 2 years....also seeing screenshots of peoples options trades making them tens of thousands of dollars.
He does that on every large market drop, when he can no longer post his free money overnight trades. I am surprised he waited this long to come back and start with the "free money all day long stuff" again.
Front page of cnbc shows the weather forecast of the hurricane Laura. When is cnbc the weather Channel? I don't see breaking news that stock markets are at historical highs on the weather Channel, now do i? They should be talking about how the feds printing press is creating this parabolic move but no mention of that yet.
Thats it 12000, im going short here Just kidding. I dont hold overnight. Only day trade. So will looking for short intra day signals as i normally do. NQ doesnt offer many these days.
Because they are bracing for the next financial storm...The dreaded Powell effect. Starts tomorrow at 9AM ET when he opens his hole at Jackson Hole. I'm wondering if part of this huge upmove today has to do with hints at what he will be talking about tomorrow. I heard something about more rounds of QE, and a new way to get inflation to 2%?
You might have to shrink your time frame. In the ~100 years since the creation of the Fed, the $USD has already lost 95-99% of its buying power... and that's without the current shenanigans. We've already had a 100:1 devaluation over time and survived. I'm not sure we can survive the next 100:1.
More rounds of QE?? For what possible reason? There is no way that takes place but I'm hearing this and this is what is creating this gigantic move https://www.cnbc.com/2020/08/26/the...-era-tool-to-fight-against-low-inflation.html