Bloomberg was out with an article last week if memory serves, saying the rally at this point was being driven by retail.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Bloomberg was out with an article last week if memory serves, saying the rally at this point was being driven by retail.
Would like to see double the average volume, to make this a short term top. But I doubt they will let it fall very far.....need to suck in more dumb money so the investment banks and the FR can unload...So a weak employment # says fed on hold bullish.....a strong # bullish...everything seems very bullish. Just like every bull market.
I've only been 25-50% vested since before the election. I've managed to hang with the market thankfully with some lucky picks, but have been kicking myself for not having more vested throughout all this. BUT at the same time, I haven't seen much that I've really wanted to buy either so just sitting on what I've got currently.
Someone bought 20k AAPL June18 200. I know, I thought the same thing, THAT GUY is gonna win the Nobel Prize one day.
It's a great time for those that don't have to trade.
What the hell happened to the jobs report, today is the first Friday of the month. Trust me its been put of till next week for a specific reason. My guess is the report will come in weak and give the Fed cover to hold off increasing rates......
Manipulated data in the jobs report coming up. I know the fed funds futures is 90% they will raise rates next week. I also think they will manipulate the data to give them cover to hold off.
Remember, weak jobs data is good, it keeps the fed on hold.....Strong jobs data is good it shows the economy is strong....This little correction was unwinding the March index futures contracts....happens every quarter. Relax sit back and basically do nothing.....get your risk free money $$$$$$$$$$$$$$$