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Forget Paris, Trading Stocks Today Is As Easy As '123' Again
Stocks are up, because of fun-durr-mentals again...
All that matters is '123' - Trade accordingly.
Charts: Bloomberg
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What? No one wants to discuss the market insanity because the Paris insanity is center stage?
<Mission Accomplished.>
I thought the focus was back on the whining college students?
What happens when 123 becomes 122?
Oh you HAADDD to ask that! :)
I see the correlation, but why does it work so well. Sell yen (cheap financing) and use it to buy over priced US stocks?
seems to be. hope a tyler explains why it so one day
Or the PPT picked it as a line of defense. Hit their numbers and they saddle up.
To move the exchange rate around like a rag doll it is either the BOJ directly buying or a massive player (cough.. Citadel) who has enough capital/leverage to make such massive swings. I would assume that they know that people will tag along for the ride (who wouldnt make easy FX money), so their moves are always amplified.
Everybody's on welfare these days. Including the stock market. Reminds me of the old ladies joke: "I thought you were driving!?"
Fed/PPT has inverted everything. Terroist attack is the same bad news is good for stocks... No longer a market.
401 and mom/pop ira going to be confiscated in the not so distant future.
Apart from Japan being in a recession, BHP & Vale destroying the town of Bento Rodrigues, oil being under $41 a barrel, Chinese exports falling off a cliff, retail sales stagnating, Baltic Dry Index at an all-time low, Europe being flooded with refugees, war in the Middle East and terrorists shooting up Paris I'd say things look pretty good! Time to buy moar stocks like Facebook, Amazon and Tesla as they are so cheap and have such incredible earnings. Maybe things will be different when I come down from my acid trip?
Keep On Trippin'
The Big Boys love steroids.... something in the body will fail eventually.