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Stocks Re-Tumble To Fresh Lows, Erase All March Gains
As the Goldman Apple Industrial Average drops below 18,000, the cash-open bounce in stocks has now been erased and the major US equity indices are making fresh lows. Despite AAPL's gains, the Nasdaq is now red for March and the S&P 500 down 1%...
As The Goldman Apple Industrial Average loses 18,000
so stocks eras all March Gains...
But Jobs were awesome!! Surely stocks should be rallying?
* * *
Year-to-date, things are not looking so rosy...
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bullish
How is (paper) gold doing today?...
Time for the hockey stick
Start the machines
Still beating PMs handily.
PM's are getting HAMMERED today. Blue light special!
Like nearly every other day for the last 3 years and probably the next 3.
Daily Beatdown = Higher Premiums, so you still pay same price.
...it
Opportunity number 4,792 to buy the fucking dip. Why won't you people just do what the Fed wants you to? How much more obvious do they need to make it for you? Take out a HELOC, get a title loan on your car, hit up a payday lender for an advance and drop it all down on Black at the Wall St. casino. The Fed's rigged this thing six ways from Sunday... JUST FOR YOU.
No thanks, I like my fleece where its at....
PMs doing even worse. Those who followed Zerohedge and got invested in metals must feel really dumb now.
Go buy maor confetti shill
What makes you think we ever intend to sell?
I feel better having bought a few hundred silver dollars than not having them. Unlike most other things I buy those silver dollars have an opportunity of being worth way more than I paid for them and they don't take up much space until then.
Yep, dumber than dirt and I just called my dealer to place an order for more of that evil, shiny metal stuff.
If you are into drones check out this site : www.pickyourdrone.com
Hey I have a great idea barry, why don't you fly your drones RIGHT UP YOUR ASS and quit spamming the boards you lowlife fvk.
wtf it's your problem? just ignore my "spam" and go about your life, peace
my problem is every fvking day you are hawking your drones here, and if everyone with bullshit to sell does as you, we will be knee deep in this shit. You say ignore it, I say fvk you, stop it. Next step is we will be scrolling past 15 to 20 spam ads to read a decent post. Fvk I HATE DUMASS PEOPLE. ARGH!
"Fvk I HATE DUMASS PEOPLE. ARGH!"
Then do something about it,end the stupidness, or are you just a keybord warroir? arghass!!!
OMG are you serious? How about this barry, would you please stop spaming the boards with your advertising? Please?
okey you won, but if you are still into drones check this site http://pickyourdrone.com/ :)))) peace!
Meh. 1%. Obama can fix that with a speech. Imagine the chaos if somebody played a joke and put the Constitution on his teleprompter...
He couldn't read it since too many of the words are unknown to him....
BTFD! Dow 20k rally hats for sale...free crazy pills included
Dear Yencross...
thanks, good call this week!
No jobs=less consumption. Less consumption=less profits. Less Profits=lower stock prices and less stock buybacks. Less stock buybacks=lower stock market. Eventually they won't be able to lie in order to establish confidence. Credability continues to deteriorate. Raise the interest rates, less borrowing and read from beginning.
The answer: crash or another QE, which equals inflation. so the stock may go up but it is not actually worth as much so it can go up all it wants, doesn't equal value.
So, you still believe that the economy can grow forever and ever in this biosphere with limited resources?
good luck with that.
Likely near green by the end of the day. Algo recovery on Europe close, etc, etc, etc...
Yeah, but my gold just dropped in $ price.
So far about the only thing gaining against inflation that I can see is if you could freezer beef from a year ago or ammo. In the world of aglos, everything changed. Friend of mine that was an options trader committed suicide because after 40 years of trading and making a good living the new normal wiped him out. He bitched about nothing making sense as he always traded fundamentals and it literally killed him. I tried to warn more than one of my trading friends to get out as they cant beat the machines, but they fought this sideways market and got ate. Metals are great insurance, but I fear that if/when we have to use them, there will be fvkall to buy. My bet is a handful of .22 shells will be worth their weight in gold going forward. In a madmax world, medals will be pretty much worthless. So the gamble now is, how bad and far into the basement is this global wreck of an economy going to go.
The levitation back higher should commence in about 25 minutes...
Is it MIC or is it MAC?
RUT traders shorting early would have been ecstatic to see a move already to the 20 DMA (yeah, for the 1st time in weeks we're all smilin')
IMO: only if institutional VWAP algos, evident on 2min volume bursts pre 11:30, fail, will plunge magnify
What a farce. The ' full employment ' lie coupled with the looming removal of the word 'patience' on a measly 25bps hike sends all markets into full red schizo. Up is down, black is white, etc. etc.
Not that it matters anymore, but once upon a time, this could be called a weekly key reversal.
Negative GDP print to reverse direction.
.... and The CNBC Talking Heads scratch and struggle to understand all the very large trades ahead of the numbers this morning, suprise.
For God's sake's, trot someone from the FED out to promise more money and stop this carnage.
The FED will just pivot and say that they're not going to raise rates until the quality of jobs improve.
I already saw mainstream headlines today something like "Jobs added but quality questioned", so those media liars and traitors are already getting their talking points.
Simple Simon met a pieman
Going to the fair;
Said Simple Simon to the pieman,
“Let me taste your ware.”
Said the pieman to Simple Simon,
“Show me first your penny;”
Said Simple Simon to the pieman,
“Sir, I haven’t any.”
Amazing! Art Cash-In just said he "hopes someone at the Fed has a TV on" and "someone should get to a podium" (I'm paraphrasing). Guess we know who's long today :)
For context: 1st time SPY or IWM below 20 DMA in over a month
I guess nobody believes the jobs number - all BS
Not even the algos
Goldman Apple Industrial Average (GAIA)
Such a worldly acronym...
I love how in todays world a 1%, ONE PERCENT, one-off drop in the "markets" is a CRASH, COLLAPSE, PLUNGE, CRISIS!!
Total Bullshit non-stop!
I'm saying levitation is beginning and the markets should close near green...
So when the Fed stops printing, does all the ink leak off my cash and leave blank paper in my wallet?
Janet And The Fed have been mismanaging things since January, GAIA is up too high and needs to fall to 200ma, correction is overdue. But I'll bet she chickens out and reboosts before we get there.
good news is bad news.
btfd, and wait for the bad news.
All's well, Apple is up!
Drop yer cocks and grab yer socks fellas, we done hit the iceberg (maybe).