Elite Trader is still full of losers with "Failed Trader" as a handle. This used to be a nice place full of dummy poker players. Now..?!!
Are u just done several winning trades, then come here to point your finger others are losers? How long have u been in this market? You, today's winner will be a loser sooner or later, for sure! I wonder if there is anyone can always win the market. Not just one year, at least 5 years, if you survive, you are the winner. Doubled my FB yesterday, will unload some at $20 which can be reach soon, IMO.
Did everyone get in at the low at 11AMEST? Soon as Europe closed, we've got the levitation move again.
Like a dry out pool, you can see how many fishes in the pool. With less participants and low volume in today's market, you can clearly notice how those big fishes are manipupalted individual stocks. There will be no space for small fishes to survive as they all become dishes for the big fishes.
ECB Unlimited Sterilized Bond Purchases agreed upon before market open. What is there to be surprised about?
Fed or plunge fund will pump market up at any cost, as long as economy has no growth, until ... forever possibly. So no surprise for this up days, just check AAPL, how AAPL goes, so goes the market!
No, as I said earlier, oil puts a limit on what the Fed can do and how far up stocks can go. Oil's rally has been relatively mild so far, but at some point (say another $10, $15 or $20 increase) the oil/gas "tax" on the economy will be too much. Then you'll see the rally slow down and reverse. And the Fed will shut up. Remember, too: the S&P is still lower than it was in early 2000. Don't get caught up in the hype.