Feel Good Holiday Rally

H

Hunter2020

PPT is obligated to artificially inflate the stock market before a long weekend public holiday. The reason is mostly to reduce crime rates over the long break from work.

We're seeing a sell off today coz the market artificially went up prior to New Year's day. What goes up must come down...

Can u spot another such a rally in the near/distant future?
 
Hunter2020 said:
PPT is obligated to artificially inflate the stock market before a long weekend public holiday. The reason is mostly to reduce crime rates over the long break from work.
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Huh?
o_O
Goldman committing crimes in spare time. FED free money not enough.
 
No worries, losses will be erased by Thursday the latest. How many thousands of times have we seen this.....no one can wait for a 20 or 30% correction. They now come in and buy the markets straight up after a 2 or 3% drop.
 
newwurldmn said:
? it was a 1.4percent sell off: like 1.5x the daily expected move.
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The ES did drop 100 points in a couple of hours at the open without respite. A pretty large and fast move. Action looked pretty bloody on the DOM, lots of panic and aggression, very fast market. Kinda looked like it would end up being one of those ski slope days for awhile, straight down from open to close.
 
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It was interesting re gold up early GDX GOLD...... I sold most inverses into midday pullback bc these drops are usually short lived. Still holding a few k worth.... UVXY SQQQ best charts

Right s2007s usually 3 days for drop duration has been the pattern, though may be different this time bc Biden incoming, ga runoffs etc
 
Georgia election is closer than expected, raising the prospect of the Trump Tax Cuts to be pulled (meaning corp tax rate is higher, which means earnings estimates would need to be revised lower for the higher tax rate, which means a reduction in earnings, which means the price today should fall).
 
Right. It is a good start.

many futures rally up massively, then rally down massively like
Asian, Eur and US index futures,
copper, crude oil.
 
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