Gotta love ZERO RISK in the SP500 = $$$

Thank BUBBLE ben bernanke and QE 1, QE 2, QE 3 for the household net worth record breaking numbers.....if this economy came roaring back with ZERO help from the fed I would be praising these numbers, but with all the make believe fantasy like smoke and mirror games they play these numbers are fake....its all pretend.



Fed: Household net worth hits record $83 trillion in 4th quarter of 2014
Ben Berkowitz | @BerkowitzBT
33 Mins Ago



Household net worth rose by $1.5 trillion in the fourth quarter of last year to a record $83 trillion, the Federal Reserve said on Thursday.

The gains were driven by a surging real estate market. Household real estate holdings rose by $265 billion to hit their highest level since 2007. Real estate equity levels also hit a 2007 high.

Household stock holdings also rose with the broader markets.

But at the same time, the central bank reported debt was on the rise. Total debt—including households, governments and corporations—rose 4.7 percent, the most since 2012.


—With reporting by CNBC's Steve Liesman and Katie Little


Ben BerkowitzDeputy Managing Editor - News



http://www.cnbc.com/id/102500289
 
S2007S said:
ahhhh great buying opportunity...

Bought more XIV at 31.50 for a quick darted
and SPXL at 87.75 looking for some intraday highs on both.....

so sad I sold my SPXS the other day at $19.60, now abover $19.90....
More...



Just sold SPXL at $87.80, Zero profit, lost about $5 on commission, rode it down to $85.09 and right back up to where I bought and just sold it at $87.80, isn't that the worst, buying a stock watching it drop and selling it for the price you bought it at, really thought it would take out $88+ but it looks tired. Maybe we get another late day surge going into the close but who knows, this rally is all about the dollar today, Intel warning with a stronger dollar would have knocked this market down another 1% today.....
 
S2007S said:
Just sold SPXL at $87.80, Zero profit, lost about $5 on commission, rode it down to $85.09 and right back up to where I bought and just sold it at $87.80, isn't that the worst, buying a stock watching it drop and selling it for the price you bought it at, really thought it would take out $88+ but it looks tired. Maybe we get another late day surge going into the close but who knows, this rally is all about the dollar today, Intel warning with a stronger dollar would have knocked this market down another 1% today.....
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Not sure why, but it seems you always has the bias or tendency to bid the market will go down.
This is losing strategy in this super bull market.
Trading is more on what the market tell you and not what you want to tell the market
 
Rickshaw Man said:
Contract roll over..plain and simple. Now back to more records. Should be at one by the end of Q1.
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As soon as markets look like they are going to break they prop right back up, even after one of the biggest tech names in the industry warn, wall street still rallies.....thats what we call a risk free money making market.....
next week with apple going into the dow which should cause more hype along with the fed meeting were on our way to new historical highs, not only that but wall street is worried that yellen is going to take out that word "PATIENCE" from her statement, hahahah. Yea right, and scare wall street again....who are they kidding.... if anything yellen and the fed are going to bow to wall street like they have for the last 6 years and act as dovish as possible to get those new fresh highs on the markets....dow is going to surge next week with the fed giving everything and anything the markets want to hear. So sit back and collect free money. Tomorrow the dow will probably touch 18,000 if not yellen will help out getting it to new highs by Wednesday afternoon.....Free money for all!
 
by the way oil is under $47, a couple of more days like today and its going to break its low from weeks back which I think is going to happen this month, just be careful of weaker oil, energy stocks are going to sell off very hard if oil breaks to new lows and if oil breaks $40 and drops to its 2008-2009 lows and breaks those levels were going to be in a bit of trouble, I won't mind paying under $2 for gas, but for the overall market it wouldn't be a happy place to be invested in.....that shouldn't be ignored, but with the fed on wall streets side they will do anything to calm wall street, even QE 4....
 
Oh and retail sales missed big time today down 0.6% on top of last months miss but no worries, they blamed these last couple of misses on the weather. .because that's what they do now a days ...blame everything on the weather....
 
Very interesting fact I pulled up .. this quarter could be the first drop in quarterly earnings since 2009....yet markets are rallying like corporate earnings are consistently going to break new highs....



Profit Drop

A 10 percent strengthening in the trade-weighted dollar lowers the estimated 2015 profit for the S&P 500 by about $3 a share, according to an earnings model created by Goldman Sachs Group Inc. The benchmark equity gauge will have earnings per share of $123.52 this year, according to the average of 20 strategist forecasts compiled by Bloomberg.Analysts predict profit at S&P 500 companies will drop 5.1 percent in the current quarter after a 4.4 percent increase in the final three months of 2014, data compiled by Bloomberg show. Should S&P 500 earnings fall for the first three months of 2015, it would mark the first period of negative earnings since 2009.



http://www.bloomberg.com/news/artic...-rise-signaling-s-p-500-to-rebound-after-drop
 
S2007S said:
by the way oil is under $47, a couple of more days like today and its going to break its low from weeks back which I think is going to happen this month, just be careful of weaker oil, energy stocks are going to sell off very hard if oil breaks to new lows and if oil breaks $40 and drops to its 2008-2009 lows and breaks those levels were going to be in a bit of trouble, I won't mind paying under $2 for gas, but for the overall market it wouldn't be a happy place to be invested in.....that shouldn't be ignored, but with the fed on wall streets side they will do anything to calm wall street, even QE 4....
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That is bullish, no? Everyone needs energy...cheap energy even better.
 
noddyboy said:
That is bullish, no? Everyone needs energy...cheap energy even better.
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Very high oil price is dangerous to the market. Vey low price is more dangerous. It means less money to oil producing countries and then it translates to less buying power to buy goods from other countries. Don't count on today's market. Friday market might go down the same points.
 
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