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Thank You Janet - Nasdaq Nears Record High
Just imagine the exuberance if ORCL was still in the Nasdaq...
Economic downgrade... 2 rate hikes this year... Buy Stocks you idiot!!
With Utilities (but rates are notably higher) and Healthcare (Biotech bubble) leading the way...
Here's why...
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i am confused... (as usual) i thought Janet said they were going to raise rates? i thought Gold and Silver would be going down.. and the Fake stock market as well.. must be more New Normal stuff or something.
Sucks if you had a bear position (I did, it's gone now). It will suck for them if they can't hold this ramp. There is the possibilty of a truly classic shooting star formation in all the majors if this thing fizzles by end of day.
That'd be nice Fred but looks like they have the pedal to the metal selling VIX and UST futures, again.
The Treasury is looking for a woman to put on the new $10 bill. Janet has my vote! After all, she created most of them out of thin air. Only catch is she has to be dead.
https://thenew10.treasury.gov/
ShorTed,
A case of the tail (VIX, paper market) wagging the dog (Indices) again.
DavidC
The FED has gone into innocent bystander mode so they can claim they weren't involved at all in the giant train wreck coming.....
Possibly "The Plan B" will play out. Victory will be claimed.
The question is: What happes to the tenth and why?
http://just-a-thought-from-thinair.blogspot.com/
Read the post "No one saw it coming" : http://just-a-thought-from-thinair.blogspot.com/2015/04/no-one-saw-it-co...
http://just-a-thought-from-thinair.blogspot.com/
Let's get high with Janet.
BTFD you retards
Very difficult for those that think the world will implode this afternoon. Personally I think the world is in a world of hurt but these things take a long time to play out. Until the BTFD is the Religion of Choice.
Ameritopia!
If there is no wealth effect from US stock, bond and real estate markets, there is no US economy.
Fraud is the fastest way to boost a failing economy or a bankrupt country or both.
China is learning fast - their $4 trillion stock market, a year ago, has generated $6 trillion in wealth in last year
I think you can safely add a third option: Taking the world down in flames with you.
The dollar will not die a lonely death for sure.
It will be a bonfire of price to leave in the dross the white powder of value.
I think it might be somewhat silvery. Somewhat...
June 10, 2015
http://srsroccoreport.com/indian-silver-imports-on-track-to-smash-all-re...
Well, there you go then.....
the hell with Gold and Silver...
im buying "Woo Woo..."
Good day to sell all long positions. Let the crooks think they are suckering in more "money from the sidelines"...though there is no money to be found.
Everyone wanted a market with no risks,,, well,,, stop complaining.
Many are participating in this farce,,, even some ZH'ers, which make them just as crooked.
You reap what you sow.
I threw in the towel yesterday and paid 20% down to go into debt and buy a house and 20 acres in rural Kansas. I'm gambling that they'll keep the shit show going for several more years while I pay down the principle like a madman (my IT job somewhat depends on the shit show continuing).
double post...
staff meeting at the NY FED must have been "interesting" this morning.
This is it. I can FEEL it.
Friday at 4:01pm. EU and IMF capitulate and $usd skyrockets come Monday.
Because Oracle and Jabil had bad
earnings
If the last 20 years have proven anything, it is that the Fed loves their bubbles until they pop, at which point they blame some "bad actor" and embark on blowing the next bubble.
This one seems the most willful of them all.
Women and "reputational risk."
Yeah, right.
Good one there professor!
The only reputation women care about is yours...you must be egocentric, bombastic, RCH and otherwise CRAZY... and then maybe they'll notice.
One of the biggest daily QQQ bars in 2 mths, and it's not even 11:00. Only a FitShit regurgitation can save shorts now.
Homebuilders up nicely too LOL
Cotton Candy! Git yur Cotton Candy here!
Healthy! Nutritious! Delicious! Cotton Candy!
A process ends with an event.
It is not the event which kills you: it is the process.
The event kills the process and begins a new one.
The events are the goalposts.
The process is the game and you (we) are the opposition who don’t even know what the endgame is.
apropos perhaps...
https://aadivaahan.wordpress.com/2010/10/17/my-first-comment/
i love it how all FMOC meetings are at the critical period 2 days prior to quarterly futures/options expiration and there is always a huge jump in the stock market and yields are pushed higher.
just a coincidence, not corrupt.
Biotechs are a joke. And they are leading NASDAQ,= suspicious
A higher market means the Fed is successful. That is their metric.
And who would complain? A Congressman or Senator who is likely rich and healthily invested....??
Party on Wayne (Janet). 9 effing years since a rate hike and a quarter point is a big hurdle.....??
why would that be?
"Rate hike soon" is the new "free beer tomorrow" sign in the saloon.
You going to see an epic blowoff top before the declines set in it 2016
Not sure about that,but I do feel when it does end,it will with a crash that comes out of nowhere