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Stocks Battered To Black Monday Lows Amid Credit Crash, Biotech Bloodbath, & Commodity Carnage
Just because...
The epicenter of today's earthquake was Biotech and Corporate Bonds...
Biotechs were bloodbath'd - IBB dropped almost 8% today alone - the biggest drop since August 2011 - testing back to Black Monday lows and now unchanged since October 2014...
This is the longest losing streak for Biotechs since Lehman
Investors should not worry though...
IBB Update pic.twitter.com/S6jQOysMiW
— Stalingrad & Poorski (@Stalingrad_Poor) September 28, 2015
High yield bond prices have fallen for 12 of the last 13 days and today's decline was the biggest daily drop since Nov 2011, breaking towards Nov 2011 spike lows...
In context - this means HYG is unchanged since Lehman!!
* * *
All the major US Equity Indices are at or below Black Monday Lows...
Some context in The Dow futures...
So what did the major equity indices do?
Cash indices show Small Caps and Nasdaq were the biggest losers...
With everything now red post-QE3...
The decoupling between XIV (inverse VIX ETF) and SPY (S&P ETF) has begun to rapidly converge...
Financials dropped 2% on the day (with homebuilders, materials, energy and healthcare all battered)...
More worryingly, US financials made new 2015 lows (below Black Monday lows) as they continue to catch down to credit risk (as Glancore counterparty risks rise)...
There were some other total collapses in stocks that are widely held by hedge funds today...
SUNE crashed another 17% to 2 year lows... (breaking the Black Monday Lows)
Not so valiant Valeant after getting a pricing subpoena...
And of course - Glencore...
* * *
Treasury yields started the day off higher but as data, and fed speak hit along with US Open selling pressure, safe-haven flows flooded into equities... 30Y -9bps is the biggest absolute drop since early July... NOTE: 2s30s has flattened to 4 week lows
High yield bond spreads crashed wider today (after the CDX roll) - this was the worst day in at least a year for CDX HY...
as Energy credit risk spiked to near record highs...
The USDollar was sold after the US Open - having been bid through the Asia, European day...
Commodities were mugged all day as we suspect commodity group liquidations and counterparty risk reductions weighed on the whole complex...
Silver had its worst day in a month...6 waterfalls...
Charts: Bloomberg
Bonus Chart: All The FedSpeak has confused markets even more with 2015 rate hike odds now at record lows...
Bonus Bonus Chart: It's all priced in...
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Volitility is back. Another crash is ahead.
http://taomacro.com/why-the-fed-canrsquot-stop-the-next-market-crash.html?m
thank god my "Dow 16,000" hat didnt sell on eBay last year!
Wear it now because "Dow 15,000" will be en vogue soon.
https://www.youtube.com/watch?v=j4SRsGn14PI
Did that tree have Yellen's Phermones on it, because those bears want no part of her. I think they are sending a message.
Wear it now because "Dow 15,000" will be en vogue soon.
Actually "Dow 5,000" might be even more en vogue soon.
This was not supposed to happen until a Republican was elected. Dems want a repeat of "It's Bush's fault!".
HeatMap looked like a live volcano crater.
Into the Abyss.
Red hot lava.
http://www.watchstockprices.com/new-york-dow-jones/
Alcoa Inc - LOL much
Red Hot Lava
https://www.youtube.com/watch?v=6NuV-cCuK2A
to ask yourself: What could possibly turn this around?
Ignore the Margin Calls. Watch another Darwin Award Nominee video who has similar tendencies to those who use CNBS for their investment advice:
Another Darwin Award Nominee: Used a Lighter to Kill Spider on his Gas TankWithout watching the video I'll bet the spider is dead
The announcer lady looked like a tranny.
...where NOT to set up your tent for the night!!!
I am going to look for my "Dow 10,000" hat.
thank god my "Dow 16,000" hat didnt sell on eBay last year!
Beat me to it, sort of. I think we need to get out the "Dow 10,000" hats.
Dow 10,000 hats.. I was young back then.....
And I believed we had free markets and capitalism, I was so optimistic about the future.
Alas, I now know more truth today than I did then. And there's a lot more truth to be unveiled.
Thanks Tyler for these carnivorous headlines, I so long forward to reading them !!
Wowie Bob, Tyler - you sure can chart like a motherfucker.
Informative, and educational.
I sure wish some of your ability had rubbed off on Reggie Middleton.
That doofus was all fucked up when it came to chart porn.
Then, he went all Shaka Zulu loin cloth kung fu fighter on us, and then decided to become FAMOUS, and, IMPORTANT.
Wonder where his famous ass is now ?
Naahhh. I don't care either.
There is only one Shaka Zulu and Reggie's not him.
You would be better served wearing a Banzai7 Blackswan hat.
Probably more like QE infinity, negative interest rates, then eventually a mother of all crashes or mother of all gradual worldwide declines to great depths. For entertainment, maybe some major wars along the way, before, during, after, or everywhere along the way.
OR central bank financial manipulations will finally do something other than inflate equity prices.
Just kidding with that second case...
Or another crash, global deflationary recession, AND QEternity, NIRP, the Fed overtly buying bank and insurer stocks, equity index futures or ETFs, corporate and muni bonds, and bailing bank C&I and commercial RE loans to the busted shale sector, 1% or lower 10-year Treasury yield, and Aaa yields in the 2% range.
At that point the bullies will rationalize a P/E of ~100 for the SPX and price projections of SPX 10,000 and Dow 100,000.
Janet Yellen will have choked, puked, resigned, and been confined to a loony ward somewhere to convalesce, being replaced by a computer directly connected to JPM and GS's offshore shadow banking pass-through entities with HFT.
The computer can print $20 trillion at -5% NIRP and achieve SPX 10,000 in a few hours.
We're all going to be stinking, filthy bloody rich.
Yep, that's why I'm never completely certain that a crash is imminent. They probably have all kinds of horrible financial manipulation "nuclear" options they'll resort to rather than admit something that's obvious to everyone but themselves and the "borrow your way to prosperity" bought and paid for governments that love what they hear from them: their economic theory and the models based upon it are SIMPLISTIC GARBAGE, something they'll never admit let alone admit they shouldn't have been centrally planning the entire world's economy in the first place.
It will be QE4 or let it crash then bail out the banks/corporations/insurers all over again.
Who's going to stop them? The people who can't seem to find Jon Corzine?
The angry mob that never appeared nor hung anyone last time?
I'm pretty sure they could officially rescind the Constitution and impose martial law - and most Americans would order a pizza and turn on the T.V.'s or Internets.
You are correct, only I figure it can't go on forever like that. At some point you will get supply chain problems as less and less people have jobs and produce meaningful stuff, while more and more people get rich by scamming and stealing. Once the gears are grinding to a halt there is only one way - down. You can't feed a country on your pretty stock index valuations, and not every banker can be a millionaire, it just won't add up, something will have to give.
You might have to force people to work if you don't want to pay them. Then, the people will either rise up or get enslaved. Maybe this is already happening.
Kaervick - Correct forced is happening at prisons. Getting paid .90 an hour pay to make widgets to purchase a $3 a candy bar at the commisary is forced labor. So we're near bottom with geopolitics a real wild card through 2021.
The market had to clear sometime, I just hope we get the rest of the big shitty out all at once.
This is a hard day for a lot of people. Show class hedgers dont gloat Some people told me they wish they had listened to me and I just tell them I cant say much as I blew a huge wad at the casino couple months ago (true story). it happens to the best of us.
Amendment 13 created the prison slave.
Read it and weep.
and the South built giant prison farms. The most famous was Angola, in Miss.
The movie about it had the famous lline...
"What we have here, is a failure to communicate"
The lame stream media is running protection for the 0.01% by making small businesses and professionals who make $200K a year out to be the evil ones causing all the world's problems.
It's government. Always government. Even the most evil 1% you want to imagine cannot do anything without the cooperation of the government.
Logged in to up vote this.
Agree with you there. The American "mob" has been beaten into submission and lobotomized. They will stand obediently in soup kitchen lines. Couple of riots here and there, quickly quelled by the military parading as a "to protect and serve"police force. Other than that...subservience and quiet desperation.
"I'm pretty sure they could officially rescind the Constitution and impose martial law - and most Americans would order a pizza"
They'd better hurry, the any Pizza Hut pizza for $10 sale (carry-out only) is over at the end of this month.
Up vote for pizza humor. Save some dough for some sauce (the alcoholic variety), buy Pizza Hut.
Let them eat pizza after voting, which doesn't matter.
Therefore, avoid the polls and vote for pizza.
Sure, but cut the pizza into four slices because I'm not hungry enough to eat six.
+ 1000
They should have used that line in "Idiocracy"
"Vol-atility,
Pms are my Secur-ity..."
"Pms are my Secur-ity..."
Firearms are my security, and Pms keep it that way.
Good link.....
to be sure. however, the timing is, at best, an educated guess.
with squid's vix warning, icahn's warning and cnbc banging the 'sell off' drum in every segment - seems like lining up the muppets for one (of several?) last short-squeeze balloon-knot reaming session.
can't leave perfectly good fiat on the table.
*or* perhaps they are working to nurture some seedlings of credibility which will be badly needed to control the people during the aftermath.
the controlled demolition will commence when they are good and ready. likely to be accompanied by hot war, crippling 'cyber attack', the revelation of alien life or some other fucked up cover scenario.
LOL @ DJIA finishing a little over a point above 16,000.
So much to manipulate, so little time.
Must.....Save.....16,000......*gasp*
Pressing those buttons must get exhausting. Quite a save though.
yep. take a bow kuroda.
It's gonna be fun seeing them try to defend 16k tomorrow... Gonna be even more fun when they fail.
How many lives does the cat have left? Yellen puked up around three, if I remember correctly.
Tomorrow won't open at 16k
Can you say "Capitulation," kids? That's when the fun really begins. I'm starting a pool to see who can guess where we end up when the capitulation hits. I've got dibbs on 666.
pffft!! the Dow, only pussies trade that. You wanna be a real man then trade the ES and if you are a nutcase then trade NQ but the Dow? Purleeeeese.
Ha! You crack me up, T1. Of course, some Russell traders (not me, of course) feel the same way about you ES guys -- VWAP, Schmee-Wap, any index that can be traded with less than 67 intertwining technical indicators, or can't completely retrace a day's move in a single 2-min bar, is for middle-school children, no? :)
Seriously, though, it's my opinion, after 4 yrs of trading, that you need to specialize in one thing: a single index, AAPL options, sewer munis from Cleveland, FOMC releases every other month, etc. Each item seems to have a unique character, a unique set of nail-biting traders, vicious algos and institutional mavens, so that picking the 'stock of the day' isn't the way to make a living, IMO.
True story there...been trading (while also having a real job) for 18 years...have eventually come to the point of only messing around with 1 indices and maybe one or two stocks at a time....but have a watchlist about 200 stocks deep. Funny how the longer you watch an instrument how you start to attribute "personalities" to it.
BIS is Bliss! Sold most of mine toward the end of today. Not that I had alot. Haven't traded much in the past few years. But hey, looks like market forces may actually return.
Yellen - "Price discovery? What's that?"
Guess you're about to find out, bitch.
Waiting for my helicopter money so I can finally buy some precious metal and that 4K TV down at Best Buy.
Totally agree with you KCS, focus on one traded instrument, get to know it, how it behaves. You will then gain an edge. With your edge and the simple advantage you already possess of being able to pick and choose when to be in the market you have a chance to beat the odds stacked against retail traders.
Wow they kept it just above 16k!
They don't want that 6 to change to a 5...they especially do NOT want the market to close below that...people will have ALL NIGHT to ponder that, and Tuesday will be a bloodbath.
The Quarters a ending and some bonuses may be missing if they don't light a fire under this POS.
It's For the Children after All
Outside key reversal in UUP. USDX death cross nearly there.
'Fetch me the Dow 9000 cap Lovey'
Thurston Howell iii
All the prices are pure fiction.
this, this & more this!!!
among all the market-rigging*, front-running, zrip-buyback fueling, qe-propping, plunge protecting, momentum chasing, double seasonal adjusted goal-seeking reverse engineered data, derivatives of derivatives, cramer shilling and who the f___ knows what else we don't even know about how in the hell is anybody supposed to know what anything is actually worth?
*now that we know pm markets are rigged what's left? I think we should start a pool on the next market to be proven rigged - I say fantasy sports leagues for $! think about it - on what else are "muppets" still willing to gamble expecting a level field? it's the perfect scam!
elections
Like the "money"?
What would be cool is if DOW rocketed to 60,000 tomorrow, but finished at 6,000.
Best black Monday since lee mon
“Sell in May” from “Maggie May” by Rod Stewart
Wake up, Janet, I think I’ve got something to say to you
It’s late September and it looks like I’ve been quite a fool
Investors keep you amused, but we feel we’re being used
Oh, Janet, you couldn't have lied any more
You led me away from bonds with the most inglorious of cons
You stole my savings, and that's what really hurts
The fluorescent light when it’s in your hair really shows your age
But that don't comfort me none -- in my eyes, you're no damn sage
I laughed at the Fed’s QE, not once, not twice – but three !?
Oh, Janet, you couldn't have lied any more
You led me away from cash just to stem the economic morass
You crushed my Roth, and that's a pain I can do without
All I needed was the Fed to lend a guiding hand
But you turned into a dove -- and mother, what a dove -– you wore me out
All you did was wreck my Keogh with rates still stuck at zero
Oh, Janet, I couldn't have cried any more
You led me right into stocks just as they were hitting the rocks
You stole my future, I couldn't retire now if I tried
I suppose I could pitch Herbalife or head on back to school
Or sell advertising space on the back of a rented mule
Or find myself a lemonade stand that needs a helping hand
Oh, Janet, I wish I'd never seen your face
My very first trade, you see, marked the peak of the S&P
You tried your best, but I hate you anyway
{cue guitar solo, then scintillating mandolin break}
Janet, I wish I'd never seen your face
I'll get on back to parity one of these days (Boo-hoo)
....bravo....bravo....bravo...!!!
Thanks. Thought it'd work better if I waited until "late September" to post this, and the markets came through, just in time :)
I always picture you just making these up on the spot
I wish! I build an inventory, then pick one at 3:58 to use. They take much longer than you'd suspect, been tinkering with this one so long, when I started it the protagonist was actually Bernanke.
+1
Lot's of unique talent here at ZH.
My goodness real talent. Well done but needs someone to Put it to the Music and Facepalm it
Ladies and gentlemen, ZH's own Weird Al.
Great job as always, comrade!
Great job! Dude, you gots rhythm ... and rhyme too, but rhythm (meter) is actually the trickiest part. Um, yeah, BRAVO!
Rhyming "Keogh" with "zero" is genius!
you have GOT to put this on youtube! the video should be nothing more than a loop of a sync'd "and it's gone..."
LMAO
Brilliant
NOT off the lows.....OH NOEZ!
the most "since Lehman" events since Lehman...
What are the odd of a rate hike and QE4 announced at the same time.
That... might... just... work... ;-)
Why not? Just raise rates to .25.1 and make QE4 $100 trillion ...central bankster ass hats can have lots of cake while eating it too.
Just fuken tell the world that you have infinite amounts of money and therefore now own everything
I should have put "work" in quotes. It will definitely "work" for a few, but will not sustainability "fix" the economy in a way that will benefit the majority any more than alcohol cures alcoholism.
You will need human sacrifice in front of a giant owl as well as QE4 and a rate hike
Airplane Clips: Lloyd Bridges - "Looks like I picked the wrong week to..."
https://www.youtube.com/watch?v=VmW-ScmGRMA
What no fucking? Come on, I want to see some bear fucking.
i think the mama bear took a dump off in the left background about 2/3 of the way through....does that tickle your fancy?
DR ENGALI IT'S THE STAWKPOCALYPSE!
Your wish is my command https://www.youtube.com/watch?v=w5zYgjxU2rs
I think it is settled. A bear does shit in the woods
If it is not clear by now it should be today. Wall Street wants QE4 announced yesterday.
Stop freaking out about Biotechs....err...buy Biotechs now!!!;)
Contained..
Heh, silver had a bad day because I bought some Saturday. Luckily the LCS only had a few rounds, funny how low prices cause scarcity.
Silver was only down –3.69% for the day, taking the spread with spot / premium to –28.69%. This is exactly how you make a small fortune in silver! The mines and leveraged royalties took a worse hit, so maybe there is more downdraft coming for all the metals.
Tough as the metals are now, paying a huge premium to buy now is extra ridiculous.
During the silver carnage for the last 4 years, there is only one winner: The silver dealers.
Throw up a weekly chart of XLF along with DB and HSBC. Hmmm.
And then throw up.
only 80 trillion in derivatives between those two,what could possibly go wrong
We're getting pretty close. Most muppets and viewers of Fast Money can't, won't, or refuse to absorb we just had the "everything is fine" cutesie "relief rally" where emotionally "some folks came back in off the ledge". these two turds showing worse RS than the overall financials is telling us something. In my view we still have not yet seen the full force of a global margin call deflationary bust that takes down everything.
If the Fed was gonna do anything more than just jawbone would they not have already done so and why have over thirty other CBs made moves in 2015 while Yeller has done squat (publicly at least)?
But, but, but the August plunge was a technical glitch and just an HFT waterfall fat finger cascade. Everything is fine now. Nothing to see here move along (except for the huge warning shot fired, subsequent garbage rally, and soon to be unleashed implosion).
They wasted no time slamming gold.
Yea well for now better forget about gold, just laugh as everything implodes while knowing your phyz can't physically implode
Lakecity - Not a manipulation anymore, true deflation. Gold its MY PRECIOUS!
The decline on Wall Street today is almost more significant than the original plunge. I don't think that anyone can look at the Dow now - and not suspect that a much bigger decline is coming. Any "hope" that this is just some sort of correction ... is pretty much dead.
I was waiting all weekend for this monday and it was a glorious one!
That Glencore chart is brutal! We need a picture of the Bear eating a Deer.
The Deer:
http://www.ltggoldrock.com/the-markets-are-like-a-deer-caught-in-the-hea...
DOW +200 tomorrow anyone (you know, huge Fed intervention)??
I'm actually starting to think this could be the slide into the abyss. Icahn is coming out with his ad tomorrow - that surely won't help.
Low volume meltdown.
Nice to see it go both ways once in a while.
crude volume was horrendous also with its meltdown. Tomorrow should be interesting.
Too much blathering on the TeeVee bout more downside and maginot lines...think those fuckers are trying to bait more shorts for a Yellen strapon style ass raping sans lube. These CNBS ass clowns are worse than windsocks...one week it's buy every piece of shit you can get your mits around, then next, they smuggly act like they foresaw the selloff and are now giving more instructive advice on how to lose their clients money...multiple personality disorder must be a criterion for becoming a contributing analcyst. Unreal...they all are catching down to Gartman.
RUT 4hr chart pretty deep in oversold territory, closed right above August lows... bought 1/2 possition OTM TNA calls into the close, this selling has been too orderly IMO...shorts may be geting complacent thinking 52 week low revisits are in the bag.
Good luck on it. Volume is showing some divergence. You may have a nice trade.
Pretty much every metric I look at since mid last week is leaving me with a sentiment of "crap shoot" for this week so I won't take any credit for being a genius if the trade works out...I F'ing hate going long this market FWIW
My RUT chart is going to a bear market lower low at 1000 within weeks if not days, down 10%, with other targets such as Dow 14,400, SPX 1700 and NDX 3700 coming into clearer view as visibility across the valley of the fed improves:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=rut&insttype=&freq=2&show=&time=11
I'm with you long term but I think it may be a minute before we get there...still have to get through the political theater before they pull the plug and leave a shit sandwich for the next puppet.
"one week it's buy every piece of shit you can get your mits around, then next, they smuggly act like they foresaw the selloff and are now giving more instructive advice on how to lose their clients money"
And they get away with it because no one ever comes on and says, "but, didn't you say...?" because they want to be invited back and most are there to hawk their wares, if only by the free advertising they get. This same "fear of lost access" phenomena is the reason why really hard questions are rarely asked in Prez or Fed press conferences. The only truly free press can be found on-line, but you need a good BS filter there, too.
You know our friend RUT, you could milk it all the way back to the 20 DMA, or we could easily roll back to the Oct lows or worse. Some Keltner trader I know (forget his name) thinks the Daily K-bottom @$60 - 61 is a sure bet before any further lows, but given he never takes overnight positions, he can't be trusted in his prognostications :)
OK ,OK,OK,... What will happen in Asia tonight ? Joe Pesci .
Slightly off-topic.
All has come clear about the French using 6 Rafaeles to blow up an empty ISIS training camp. They have released a video of the mission. The whole thing was clearly a marketing exercise to show the Rafaeles in 'action' for the benefit of prospective customers.
Most new fighter aircraft contracts outside NATO are going to Russian designs. Plane with incredible performance, as often Half the Price of the over engineered Western Models.
To use a plane like Rafaele against Arabs armed with AK's and RPG's is a fucking hoax! It is not a battle, it is an exercise in dropping bombs on totally undefended empty targets. French have a need to bomb, just to prove their overly expensive Aircraft can fly.
Run Forrest, Run!
Everything negative post QE3....hey I got it, lets try is some QE4, see if that works? Why not we're completely boned anyway.
Well it obviously wasn't enough QE, with China and all that, we need more "liquidity" please! It can only go up now!
Let's do this!
Sea of red today... Good day for short bears. Smell of burnt bull is in the air... A prelude to QE4, but first, more turmoil.
+1 Concur.
CB's and their lackeys making the point.
Fire up the Rotor Wing!
was that a big foot sighting or just Yellen?
the odd thing is biotech is the only industry with immediate growth prospects because of the obamacare mandate.
Look at that...just 1.89 away from the 15,000's. If it ends below the 16,000's, I think the selling will kick into higher gear. 2008 is still fresh in many minds, and I don't think people will stick it out if it starts to look like a repeat. This time there will be no 'happy talk' able to stop the momentum, because all the previous happy talk is now known to have been so much bullshit.
No one thinks these gains have been real. The minute they start to fade, the exodus will begin because everyone will be trying to preserve something this time, knowing they may not ever get another chance.
So ... the one time, after getting tired of Russell ninjas torturing post-open daytrading shorts till 1:15 or later, I decide to take only a half TZA position, Russell algos are unable to get back to the first hourly RUT bar's high, where many of us were salivating to add more. Still I can't complain, in prior years RUT would have made it back to Unch by 3:28, so maybe (emphasis on 'maybe') markets are becoming slightly more sane ? Nah, I'm talking crazy now ...
1/2 a gain is 100% profit KCS...nice trade. Hope you have been fairing well. All good here, got some R&R and ready to hit the casino again this week
Will I be accused of having a 'man-crush' if I admit you're my favorite Russell trader? Whenever I see a bizarre, classic Russell head-fake, I think "Ah, bet JMF used that silliness to sell rich/buy cheap option premium.
I can say that I'm more optimistic than ever. The first half of the year was tough, but in a Nietzschean "that which does not kill me" mode, I made a small methodological tweak, found an "elegant" modification that relies more on Hourly charts for exits, yet still retains my characteristic (over)complexity for entries. After 4 yrs of 70-hr weeks, I think I can relax and just trade, but it will take at least the 4Q to confirm that I've officially joined the Russell fraternity.
KCS - Some guys that learned how the world worked making money. Good for you gentlemen. I am have something very special ready for this time. Gen X is going to need a few pennies and lots of stones to rebuild and improve models. See you on the other side.
LOL KCS...by the time this is over with I think the "fraternity" is only going to have maybe 5 or 6 of us in it...all wearing straight jackets watching a never ending loop of One Flew Over the Cuckoo's Nest ;)
GL this week
Was very disapointed last night when the clouds rolled in around 8:00pm and my first thoughts were NO NOT ANOTHER MISSED ECLIPSE. Then around 9:30 the skies cleared and there it was......RED....BLOOD RED!.......and it continues today. I knew September wouldn't dissappoint.
No rain - barely any clouds, even - where I live for two weeks. Then yesterday...of course - clouds. Couldn't see the eclipse for anything.
Just another reason to hate Western Pennsylvania.
Most were the Chem-Cloud variety; I live in the Mist-West.
Blood red moon along with the UN very recent declaration of.peac3a day of peace globally - an interesting two-fer indeed.
Why do lots of bombs suddenly drop when world organizations and governments declare peace? Things that make you go hmmm....
That means the Equity markets will try to soar tomorrow, Sunshine Tuesday; however it will be like spitting into the wind.
Pissin' in the wind, bettin' on a losing friend
Makin' the same mistakes, we swear we'll never make again
Pissin' in the wind, but it's blowing on all our friends
We're gonna sit and grin and tell our grandchildren.
- Jerry Jeff Walker
Can we just create an ETF that does the opposite of what Cramer says? It would go BOOM.
Even Cramer doesn't follow his own advice. He's openly said that the #1 reason for his success is knowing when to be in cash.
Can we just create an ETF that does the opposite of what Cramer says? It would go BOOM.
Does Cramer go MOOB?
My guess is that people are more interested in "Dancing with the Stars".
"DWTS" is ss 2008. It's all about "The Voice" now.
Catch up.
700+ crushed in muslim prayer will be nothing compared to the crushing the average retiree/investor is about to endure.