Gotta love ZERO RISK in the SP500 = $$$

I made this for you guys...

bullmarket.png
 
The timing of the whole DANGER AHEAD thing at the absolute fucking *bottom* pretty much just sums up the entire market. There's probably a lesson in that chart - in that in the absence of any strong trend or conviction the market will just be used to turn out as many muppets as possible.

While I'm hoping for some kind of unforeseen black swan to just flush this thing down the reality toilet, the bad part is that I think it's just going to get worse before it gets better. CB intervention is at unprecedented levels and they'll do anything and everything in the name of "price stability" aka making current asset holders richer at the expense of the future.

The bummer part is that Joe Blow retail is going to get fucked over as usual.
 
Nine_Ender said:
I think you let the extreme bearish sentiment on this site get to you and ignored the rather obvious signs that the market wanted to go up. My guess is, big players knew the large IT companies were likely going to do well, so that is why the first few mediocre earnings reports were mostly ignored. Latest reports were very good in IT, and even MCD and Boeing were good. AAPL earnings will be the final card dealt, we'll see what happens, but given that the stock is already somewhat sold off ( some would say cheap ), I think most of the news driven risk is on the up side this report. Only a large drop in revenues would help bears at this point.

It's not "inflation" moving these markets, it's fundamentals. US economy is improving, and earnings reports seem mostly good. You may think that markets are overvaluing the positives, but that's what bull markets do.
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I am not influenced by anything, but my own conviction.

I don't go by what government stats show, as I don't believe them anymore, unemployment at 40 year low, really? No inflation, really? Why so many layoffs? Which jobs are being created? Rising consumer sentiment, really? IMO it's just a cover up, keep stock market up=economy is doing well, really? We are all free to have our own opinions, I do believe that stock market is just acting as it always has in age of rising inflation, it's just hidden, but ask around and your own survey will suggest that inflation is high.

Have you checked out a report by N. Walayat about inflation mega trend? You can download it, very interesting read.
 
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Visaria said:
dunno if anyone is interested...but here are my thoughts ( i like to write stuff down). Technically, market tested lows yesterday, couldn't follow through. Lots of space above here to reach 2060+
Fundamentally, no chance of interest rise in Nov or this year. Earnings of companies have been disappointing, but market has largely shrugged them off. If google comes out tonight with better than expected earnings, market will go through the roof.
Sentiment remains bullish with market shrugging off Valeant and other possibly dodgy companies i.e. no one cares.
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you should write more stuff down
 
Crank this...most underrated of all their songs...


There we were now here we are
All this confusion nothings the same to me
There we were now here we are
All this confusion nothings the same to me
But I can't tell you the way I feel
Because the way I feel is oh so! new to me
No I can't sell you the way I feel
Because the way I feel is oh so! new to me
What I heard is not what I hear
I can see the signs but they're not very clear
What I heard is not what I hear
I can see the signs but they're not very clear
This is confusion am I confusing you?
 
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