Gotta love ZERO RISK in the SP500 = $$$

Nikkei at another fresh 15 year high tonite above 19,200+, there is literally no stopping this global bull market. Nikkei touches fresh highs daily and not only that but at the rate its moving it will probably be up over 50% this year to 30,000+
free money from all over the world...the greatest bull market in history will never end as long as the central banks keep the game going...
 
hajimow said:
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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Why are you so sure it will be down through April? Why not April through May? There is no logic to when the drop will start.
 
HE still "THINKS" the stock market is still rigged......

How about it still is and will be like that for a very long long long time.....
I wonder why he didn't include the central banks and the fed in there as well, they distort the market as well...I mean its also rigged from that point of view as well!

Cant wait for the algorithms to go haywire and create complete chaos, imagine no bids all at once....to think this rigged market can keep pushing like it is with all that goes on behind the scenes is very foolish thinking.


Michael Lewis: 'Flash Boys' market still 'rigged'
Jeff Cox | @JeffCoxCNBCcom
1 Hour Ago




A year after his "Flash Boys" book rocked Wall Street, Michael Lewis thinks the stock market is still rigged.

Last March, the author ignited a prolonged, heated dedbate about high-frequency trading, which uses sophisticated computer algorithms to execute orders in fractions of a second. Lewis profiled Brad Katsuyama and IEX, which developed a system that seeks to level the playing field for investors.

In an essay for Vanity Fair, Lewis said the market's "invisible scalp" persists, even though regulators have taken action against several Wall Street institutions over the past year due to trading violations.

"The rigging of the stock market cannot be dismissed as a dispute between rich hedge-fund guys and clever techies," Lewis wrote for the magazine's April edition. "It's not even the case that the little guy trading in underpants in his basement is immune to its costs."



Lewis said he was both surprised at the intensity of the controversy since the book's release and disappointed that the furor against high-frequency trading hasn't become more widespread. He specifically mentioned a heated debate, televised live last April by CNBC, between Katsuyama and William O'Brien, the head of the BATS exchange, that virtually stopped Wall Street in its tracks.

Some supporters argue that HFT has helped lower trading costs while others say the only ones penalized are hedge fund managers whose frequent trades can get front-run by the lighting-fast systems. Lewis rejected both arguments.

Read MoreAckman 'borderline manipulative' on Herbalife: Expert

As for Katsuyama, Lewis praised the way he has handled the firestorm following the publication of "Flash Boys."

"The controversy that followed the book's publication hasn't been pleasant for them, but it's been fun for me to see them behave as bravely under fire as they did before the start of the war," Lewis said. "It's been an honor to tell their story."



http://www.cnbc.com/id/102503001

 
S2007S said:
HE still "THINKS" the stock market is still rigged......

How about it still is and will be like that for a very long long long time.....
I wonder why he didn't include the central banks and the fed in there as well, they distort the market as well...I mean its also rigged from that point of view as well!

Cant wait for the algorithms to go haywire and create complete chaos, imagine no bids all at once....to think this rigged market can keep pushing like it is with all that goes on behind the scenes is very foolish thinking.

Michael Lewis: 'Flash Boys' market still 'rigged'
Jeff Cox | @JeffCoxCNBCcom
1 Hour Ago




A year after his "Flash Boys" book rocked Wall Street, Michael Lewis thinks the stock market is still rigged.

Last March, the author ignited a prolonged, heated dedbate about high-frequency trading, which uses sophisticated computer algorithms to execute orders in fractions of a second. Lewis profiled Brad Katsuyama and IEX, which developed a system that seeks to level the playing field for investors.

In an essay for Vanity Fair, Lewis said the market's "invisible scalp" persists, even though regulators have taken action against several Wall Street institutions over the past year due to trading violations.

"The rigging of the stock market cannot be dismissed as a dispute between rich hedge-fund guys and clever techies," Lewis wrote for the magazine's April edition. "It's not even the case that the little guy trading in underpants in his basement is immune to its costs."



Lewis said he was both surprised at the intensity of the controversy since the book's release and disappointed that the furor against high-frequency trading hasn't become more widespread. He specifically mentioned a heated debate, televised live last April by CNBC, between Katsuyama and William O'Brien, the head of the BATS exchange, that virtually stopped Wall Street in its tracks.

Some supporters argue that HFT has helped lower trading costs while others say the only ones penalized are hedge fund managers whose frequent trades can get front-run by the lighting-fast systems. Lewis rejected both arguments.

Read MoreAckman 'borderline manipulative' on Herbalife: Expert

As for Katsuyama, Lewis praised the way he has handled the firestorm following the publication of "Flash Boys."

"The controversy that followed the book's publication hasn't been pleasant for them, but it's been fun for me to see them behave as bravely under fire as they did before the start of the war," Lewis said. "It's been an honor to tell their story."



http://www.cnbc.com/id/102503001
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There is nothing wrong with him saying all this. In fact, he is probably the guy that has done the most to help markets go back to normal. His book has caused some soul searching, and even new regulations. Everyone complains, but he is actually making positive changes.
 
this day is just incredible, I thought today we would close off the week up but damn, this is just a down down down down kind of day....these markets better start to turn around because we could be in for another 300-400 point drop by the close, I thought all the good news about the Nikkei touching 15 year highs and trading above 19,000 would push the dow back above 18,000 but I guess no such luck, all indexes touching intraday lows as I write this.
 
S2007S said:
this day is just incredible, I thought today we would close off the week up but damn, this is just a down down down down kind of day....these markets better start to turn around because we could be in for another 300-400 point drop by the close, I thought all the good news about the Nikkei touching 15 year highs and trading above 19,000 would push the dow back above 18,000 but I guess no such luck, all indexes touching intraday lows as I write this.
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But you are short those triple ETFs and long TVIX right? Small caps are still above 50SMA...
 
Still looking at the IWM puts -- couldn't pull the trigger yesterday due to rally and couldn't pull the trigger today due to selloff...go figure.
 
noddyboy said:
But you are short those triple ETFs and long TVIX right? Small caps are still above 50SMA...
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Long TVIX yes and SOXS and TZA, added small position in XIV minutes ago and bought back a small position in SPXL, one account is flying higher and the other flat on the day, but still have all short etfs on, sorry I sold my ERY earlier this week, ever since I sold it it has gone straight up, sold at $22.40, today trading above $24 on lower oil....
Aside from that as long as the dollar keeps pushing higher and oil continues to plummet stocks are going to fall, the stronger dollar is going to hurt earnings for the companies do business over seas, we are going to hear a lot of that in the next quarter, meaning a lot of US multinational companies are going to be hurting with the stronger dollar taking center stage...
 
noddyboy said:
Still looking at the IWM puts -- couldn't pull the trigger yesterday due to rally and couldn't pull the trigger today due to selloff...go figure.
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Wait till next week, yellen and her buddies are going to rule the markets, if anything they are going to be completely dovish and will keep things calm, rumor has it that they remove the word "PATIENCE" from their statement next week which would mean a rate hike in either June or Sept, at the rate the markets are moving they aren't going to remove the word, they were supposed to do that at the last meeting or the one before that and they never did so to think they will move it this time and spook wall street, I don't think so....rates aren't moving anywhere above .50% for all of 2015 and probably 2016, another recession and the fed has ZERO to work with, the next collapse is going to be quite a show, going to be interesting to see what yellen has up her sleeve at her next magic act!
 
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