Trump says stock market is all a big bubble....

He even knows it's a bubble.... Funny how only a handful of people see this, but everyone else is oblivious to it....

http://www.cnbc.com/2016/08/09/donald-trump-on-the-stock-market-its-all-a-big-bubble.html

 

It'll stay a bubble too ....as long as free money is out there.

It is what it is.

Find the pigs, buy the puts.... and the big payday will come.

 

I presume you've got your life savings in far OTM puts, or at least short SPY, given you have this insight possessed by so few?

 

Trump called FB a buy when it was at $19, which eventually became a 5 bagger. Everyone knows the Fed has been pumping this market.

Marc Faber claims S&P is going to 1,100. He's known to hype corrections despite the market continuing to rally.

http://www.cnbc.com/2016/08/09/marc-faber-sp-is-set-to-crash-50-giving-back-5-years-of-gains.html

Although I don't agree with the 1,100 level, my guess is the prior resistance is likely to become the new support, which puts S&P at 1,575 or thereabouts if the market makes a significant pullback from current levels. However, the market tends to overshoot in both directions. There's a good report by Yardeni Research that provides the historical pullbacks in S&P since the roaring 20's. The historical bear market corrections are 34%, however the timing of it is rather difficult.

 

Deutsche Bank in Germany is suppose to be financially weak.
And when Britain voted to leave the EU, they were suppose to be the first of many.
If there is a major bank failure in the EU or if the EU fails.......

Do you think that would create a problem in the U.S. and cause stocks to decline at the same rate as they would in the EU or do you think that it would help us because Europeans would be buying dollars to protect themselves from the declining value of the Euro and their stock market?
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Are we at a point right now where it feels like it’s accelerating. People all over are very unhappy about what’s going on. If you read history, there are a lot of similarities between now and the 1920s and ’30s. That’s when fascism and communism broke out in much of the world. And a lot of the same issues are popping up again.

Brexit could be a triggering moment. This is another step in an ongoing deterioration of events. It’s also an important turning point because it now means the central banks are going to print even more money. That may prop the markets up in the short term.

A recession is starting, it is already in place. But if you look at the averages and the bond market, they still go up.

That’s because all the central banks are running their printing presses as fast as they can, and Brexit means they’ll run them even faster. Except for the central banks printing a lot of money, the entire market would have tanked by now.


Ironically, with negative interest rates in so many places around the world, investors are putting their money in the U.S. because they think the dollar’s a safe haven and at least there’s still yield in the U.S. But history shows it’s not sustainable.

much more......

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http://www.businessinsider.com/brexit-was-nothing-compared-to-whats-coming-2016-8

 

I think that if you're going to present the opinion of a given individual, the credibility of that individual is highly relevant. So, I can't say anything negative about Trump, but you or anyone else can present his opinion as fact?

 

Trump noted that he has dabbled in the market successfully — "I did like 50 stocks just for fun, because I'm not a person that really believes in it too much," he told Fox — but cautioned against it.

Is this individuals opinion about the stock market credible?

 

I'll just copy what I've said on reddit: "Well, markets in general tend to form bubbles at some point of their live cycle. It's normal, and the only thing you can do in such occasion is to try and snatch your piece of profit before it all turns turtle."