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Broad-based strength... as Pisani might say.
Chart: Bloomberg
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Manipulation, it's everywhere you want to be
thats what a $5B stock buyback announcement will get ya
At least they do it without debt. Visa has a pristine debt free balance sheet.
More and more about less and less until everything is chasing nothing.....
The correlating news item is China opening up credit markets to outside firms. Notice I say correlating, not causatory.
use your Visa to buy silver! lol ;-)
GSR is at it's highest in years over 72:1 right now. Trade some cheap gold in for lotsa silver phyzz!!! Or just buy silver phyzz if you can get it. Supplies are dwindling and premiums are going to have to go up to cover this beat down.
Gotta love it though. TPTB may be scumbag criminals, but they're giving us the gift of the cheapest silver in history, so I can't complain.
Just keep stackin'!!!
it's going to 100:1
trade more gold in for silver if it does!
But it's also going to 10:1 too...trade silver back for gold or just hold it if it will eventually be on par with gold.
Win-Win situation right there!!!
Either way this goes, we win...just keep stacking, because this ain't gonna last a whole lot longer.
I'm not sure that there's not just a handful of stocks trading everyday. They're not manipulating stocks to the number they're just turning a dial at 3:59 to whatever the final number needs to be.
The whole thing is bullshit
madbraz,
Manipulation for sure.
The ebola scare now appears to be subsiding: http://www.bbc.com/news/world-africa-29822303
One less thing to worry about, I guess since there is no mention of that on ZH news.
Before anyone feels the need to ask how that's possible, here is how the Dow Jones Industrial Average is calculated:
http://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average
Good link, people tend to forget or never learn about these things.
GDP up, Dow up, jobless claims bottoming, metals down...
Smells like an election campaign to me.
Don't forget those gas prices !!! I just filled up for $50 for the first time in years. Makes me want to vote for whoever Obama tells me to.
Democrats, I think.
Thats nothing, here in Europe it cost 90 Euros to fill up a 40 liter elcheapo mobile (that's about 114 dollars)
40 liters what is that an 10 gallon tank? My smallest car has a 14 gallon tank...heck my porsche has a 23 gallon tank! I remember filling up years ago in Italian and almost passing out from the cost. Need to get one of those electric cars.
Somebody, please kick me in the balls I if I ever mention wanting to move to Europe....
Thats nothing, here in Europe it cost 90 Euros to fill up a 40 liter elcheapo mobile (that's about 114 dollars)
And then after 'da elections' there will be many other reason stawks need to be pumped....end of quarter, start of new quarter, options expiration, etc.
Haha... these fuckers never get tired of making up stupid reasons to justify their naive perceptions.
They aren't stupid reasons, they are reasons for the stupid and there's still lots of stupid to sell to.
My personal life is up too. Most of it because of VISA. Is that a problem?
Did your spell checker change "viagra" to "VISA"? Cuz it would work either way, methinks.
They had excess production of Viagra which they dumped into the sea and Titanic rose up.
You're making me think that whole scene of the back half of the Titanic rising out of the water was all a phalic reference. I will never see that scene the same way again, damn it.
That's what you get with a price weighted index, easy to manipulate with just one or two big numbered shocks, er stawks
How appropriate that in a world full of debt that VISA would be leading the charge (pun intended).
Maybe we should give them some credit Doc.
I'm indebted to their service.
just remember, NO MO POMO
Visa is up and the world is down - let's see who wins this battle
rot in hell yellen
Apparently, someone forgot to ask for the 3-digit security code
Someone remind me... What does VISA manufacture again? It IS the dow jones INDUSTRIAL average, right? Nevermind, I just remembered. VISA is like the local bookie - he doesn't care what side of the bet you place, he still gets his cut.
'Merica!!! Hell ya!!
Why, "unsustainable demand," of course!
Is UnionPay publicly traded?
Pisani? I thought it was Piss-On-Me....
As Bob Pastrami also stated on CNBS in 2004 with gold at approximately $375..."Trust me, folks, gold is going nowhere."
"The important thing to remember here is..."
You gotta love how the DOW is not weighted by market cap.
Gasoline prices at multi month lows, DOW plumped up, GDP made all nice and plumpy, jobless claims at 40 year low ..... Election on Tuesday so things don't feel so bad.
Soon as Hussein Shinolah Ebola is slammed on Tuesday it all turns negative.
Animal spirits!
Visa may have to revise their blowout earnings a bit when they realize I can't afford to pay them this month
Pelosi and Boehner own a lot of visa stock, profiting from an "exclusive offer" which was nothing other than payola...
http://nation.foxnews.com/nancy-pelosi/2011/11/14/60-minutes-exposes-pel...
It is broad-based strength. Do you honestly think dudes are running up those Visa tabs?
Even if you don't have a balance on your credit card, every time you swipe going through a checkout at a store you're putting a bit over 4% into Visa's pocket. If you buy a dollar pencil at a local store that can't buy at chain store prices you're actually taking money out of the pocket of your local businesses. There's a reason why many fewer $100. bill were not printed. "They" want your total enslavement to plastic and will happily slaughter mom and pop businesses. Start using cash if you don't like what's happening. But then I wouldn't want to put anyone to any extra effort...