Underlying economy is shit but Dow 40,000 here we come. And to think that once upon a time there were those that doubted the PPT existed. Now we have a Fed promising to buy everything forever.
Plunge Protection Team (PPT)'s buy button is stuck, market hits new highs
- Thread starter bond_trad3r
- Start date
Why is the underlying economy shit?
if economy is doing great then why do we need QE ∞ ?
why GDP numbers suck? why ALL markets(stocks,bonds,commodities) are all time high,when all above is true?
personally- i don't care,but my trading sucks lately(all cause of shorts). there is no more fear in this market. and i'm not directional guy,who just short s** all day long..nope... balanced market neutral,low risk, steady\low reward. no volatility, every day just up up up. i would love some gaps ,volume + volatility back,etc.
Because you can't print your way out of a recession.
the S&P will print new highs soon! I guess...
"market hits new highs"
so it does new lows,all the time,on a regular basis.
so it does new lows,all the time,on a regular basis.