It all happened before the markets actually opened. Stock index futures the perfect tool for market manipulation. ES opened yesterday with a 8.00 gap up. Then overnight it rises highers on thin overnight volume....PRESTO THERE YOU HAVE IT.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
It all happened before the markets actually opened. Stock index futures the perfect tool for market manipulation. ES opened yesterday with a 8.00 gap up. Then overnight it rises highers on thin overnight volume....PRESTO THERE YOU HAVE IT.
My guess is they keep putting out rosy headlines during the European trading sessions till end of June. Then come July 1 we may the the truth.
5-1/2 year high on Existing home sales and rates are still 0%
hmmmmm
yep....
US existing home sales jump to 5-1/2-year high
14 Mins AgoReuters
22
SHARES
7
COMMENTS(Tweet this)
The National Association of Realtors said on Monday existing home sales increased 5.1 percent to an annual rate of 5.35 million units, the highest level since November 2009.
Read MoreWill 2 million 'boomerang buyers' ignite housing?
The increase unwound April's surprise drop in purchases, which economists had dismissed as a blip given that forward-looking indicators on home sales, including mortgage applications, had been fairly strong during that period.
The Realtors group revised April's sales pace up to 5.09 million units from the previously reported 5.04 million units. Economists polled by Reuters had forecast home resales rising to a 5.26 million-unit pace last month.
First-time buyers accounted for 32 percent of transactions, the largest share since September 2012.
May's sturdy home sales report added to last week's data on building permits in portraying an upbeat picture of the housing market. It joined strong retail sales, consumer sentiment and employment data reports in suggesting a building up of momentum in the economy after output contracted at the start of the year.
hmmmmm
yep....
US existing home sales jump to 5-1/2-year high
14 Mins AgoReuters
22
SHARES
7
COMMENTS(Tweet this)
The National Association of Realtors said on Monday existing home sales increased 5.1 percent to an annual rate of 5.35 million units, the highest level since November 2009.
Read MoreWill 2 million 'boomerang buyers' ignite housing?
The increase unwound April's surprise drop in purchases, which economists had dismissed as a blip given that forward-looking indicators on home sales, including mortgage applications, had been fairly strong during that period.
The Realtors group revised April's sales pace up to 5.09 million units from the previously reported 5.04 million units. Economists polled by Reuters had forecast home resales rising to a 5.26 million-unit pace last month.
First-time buyers accounted for 32 percent of transactions, the largest share since September 2012.
May's sturdy home sales report added to last week's data on building permits in portraying an upbeat picture of the housing market. It joined strong retail sales, consumer sentiment and employment data reports in suggesting a building up of momentum in the economy after output contracted at the start of the year.
I noticed the 8 point open yesterday, and not once did it pull back at anytime throughout the entire night.
It's guaranteed they reach a deal, failure is no longer permitted in this new era of endless bailouts.
Can you feel the exhilaration? Here we go, it's the top
Do you mean exuberance? I would rather go long based on a predominant trend and use a protective stop, then trade against it. Personal preference at the moment.
AT THE HIGHS OF THE SESSION CRYS CNBC
Just another few hundred points and we are back at new all time highs. Right on que for the end of quarter. It's so easy making risk free money, even a cave man can do it.