Gotta love ZERO RISK in the SP500 = $$$

Ceo mr schwarzman said they are an earnings machine...hmmmm, I guess when you have the fed printing money out of thin air with zero interest rates any private equity firm can be an earnings machine. Wonder what their earnings would be with no QE 1 QE 2 and QE 3 from BUBBLE ben bernanke the last 6 years....wonder what their earnings would be without zero interest rates and the fed bowing to wall street with their dovish tones....



Blackstone reported much better-than-expected quarterly results on Thursday, prompting Chairman and CEO Steve Schwarzman to declare his private equity firm an "earnings machine."

"We are the most profitable money manager in the world," boasted the co-founder of Blackstone, which has $310 billion in assets under management. "We just have an economic model that doesn't depend on a [particular] quarter's earnings."


http://www.cnbc.com/id/102592247
 
dow off 23 points, they will be able to turn that around in about 7 minutes or less, get ready for the rally, buy before it jumps another 100+

UPDATE

nasdaq just went green, now comes the s$P and dow!!!
 
And there you have a green market just in time for the lunch crowd. At the highs of the session crys CNBC......SAME THING OVER AND OVER AND OVER AND OVER.
 
you can feel the market wanting to push higher, I don't know why they just don't get it into the green already, we already know its going to happen so why the long wait.....

also etsy went public today, only up 100%, more free money for the big investors who got in pre-ipo of course, thats all free money to them given the fact that today almost all IPOS move up about 25-100%++ all the small guys have to buy it at double the IPO price....thats what I never understand, today they will say ETSY rose 100% on its first day of trading all I know is the stock opened up at $31 and its trading closer to $35 now, so thats about a 12-14% increase not 100%+ increase, IF it was available to the little guy at $16 I would agree to the 100% increase in stock price but we all know the little guys aren't allowed to buy IPOS unless you have an account worth millions at goldman or jpm....
 
This is so easy making free money....even a cave man can do it.....Buy anywhere, you always get bailed out buy dip buyers. Real easy to get rich trading.
 
Where at the highs of the session right now says CNBC. Everyday at lunch we are without a doubt at the highs of the session. It's 12:17 on the East coast. The restaurants are packed, every TV has a crawler on the bottom showing the masses gathered the stock market is not down. You can set your watch by this daily event.
 
Rickshaw Man said:
Where at the highs of the session right now says CNBC. Everyday at lunch we are without a doubt at the highs of the session. It's 12:17 on the East coast. The restaurants are packed, every TV has a crawler on the bottom showing the masses gathered the stock market is not down. You can set your watch by this daily event.
More...
Or we are just off the highs, or well off the lows.
 
You must log in or register to reply here.
Back
Top