Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Primary good news are over.....what else is there?
Bad NFP numbers maybe? (Yeah, we got that coming tomorrow morning. Ug.)
What bad news is there? 11 cases of mild flu in New York?
It's cover for the artificial propping of these markets.
https://www.elitetrader.com/et/threads/usa-covid-19-tracking-thread.341009/
on a serious note, job number were meh last report, about the only good news is I'll be taking out a mortgage against my house by year's end.
https://www.elitetrader.com/et/threads/usa-covid-19-tracking-thread.341009/
on a serious note, job number were meh last report, about the only good news is I'll be taking out a mortgage against my house by year's end.
I really don’t understand the significance of it. It’s not and won’t effect the lives of 99.999999999% of the population. You guys are going to feel really silly in a couple weeks when the news cycle ends.
Now you're just talking your book.
Tell me Deez...take a look at the bellweather stocks that have driven this market for years upon years. FAANG's as an example. Pull up weekly charts of those. Mind you we just got an emergency 50 bps rate cut in the midst of the most trivial pullback in those names. Where is support? Give me a percentage. I'll start with last June lows in QQQ/NDX. How many percent lower is that number? 20%. Now add the amount of margin debt and offsides piling into all of these etf's during the pump and dump phase of the past 6 months.
I've seen this thing now for the third time in 20 flipping years.
I've seen this thing now for the third time in 20 flipping years.