so how exactly did you profit as a trader?
it's 6% move in 3 weeks without any pullbacks
you can't profit as a trader here .
6 % is insane in3 weeks for any day trader
you can just buy and hold but it's impossible to beat the index now
GDP contains government spending and currently government spends mostly money printed by the Fed
so probably recessions will never happen again, in case of any business downturn government can increase spending at their will with free money or they can target any growth number - 3%, 5% even 20%
Fed didn't want price to collapse in 2008
How did it work?
you shouldnot base your economic decisions on what Fed wants
you should base your decision on consequence of the fed reckless actions
buying a house might be a good idea to hedge your bets and not because fighting the fed.
I...
last week, when they had 6% selloff, in the last hour it went down $10 then another $2 in the last second, then another $3 after hours, then another $7 premarket, then another $11 after trading started and only then it reversed
apple fundamentals get worse by the day with every new cheap Android phone
I really never could understand those $1000 targets
company has just one product - yes it sells by crazy but when it can be cloned and produced by tens of other manufactures and then be sold 3 times cheaper
that...
it was known since June
as they don't have any short bonds to sell the only choice is outright purchases
nobody will buy government bonds if Fed is not in the market
rates would be higher than for Greece if not the Fed
if we get some serious inflation - let's say 20%+ - it will crash all investments schemes which might starve big chunk of companies to bankruptcy quick
do yo really believe shares of bankrupt company will cost anything even in worthless money?
after QE17 AAPL will cost less than now, for sure
who exactly is short after almost non stop 40% rally which last for a year already?
there are no shorts at all they all give up, like retail gave up 5 years ago
it's almost feels like short ban. everyone is so terrified to short
So go invest into garbage machine if you want
and government should invest into people. Because government doesn't operate like business
I guaranty you no matter how many garbage machines you buy - and I don't understand why you haven't bought any till now - people can be put to work for...
Obama already supported green energy. it's fail and shouldn't be done again.
Do you know how much money are spent to pay people for doing nothing? food stamps, unemployment benefits ,all kinds of welfare? I bet creating 1.5 million jobs for 60 bln per year is not the most expensive item...
what about sweeping streets?
or sorting garbage?
it's possible and even environmentalists will be satisfied
the aim it to get jobs, right? and reduce unemployment rate
it can be done significantly easier than printing trillions of dollars and in the same time giving money to people for...
1% employment is around 1.5 mln people
to employ with 40k salary per year it's just 1.5 mln *40k= 60 bln$ per year
it would cost even less probably as most of those people would stop using various forms of welfare
why not to organize massive infrastructure project and employ those people...
Israel wants Romney
they can strike Iran before elections to achieve that
Oil will go to $150
Market easily plunges to 1000
Bernanke prints as a response - oil goes to 200 market plunges to 800 by new year
I don't understand why you would expect market to go higher into the election
last 2 of 3 times it went down
by the way gas rices are way more important than the stock market for Obama
and lower gas prices are not achievable with rising stock market
facebook doesn't make 5 billion per year
they make around 1 billion that means their P/E will be around 100
given that people start loosing interest and that 1 billion might be their highest income and will start to decline soon
actually they defaulted on its own currency debt
they had a simple choice to pay debt and die in hyperinflation or default, devalue but save currency from complete collapse
so they defaulted devalued around 200% but it wasn't trillions for loaf of bread
if they had chosen not to default...