The Plunge Protection Team real?

[Martinghoul]

http://thereformedbroker.com/2017/05/25/ppt-and-the-god-of-the-gaps/

 

[Pekelo]

Short answer is: There used to be a PPT, nowadays there are circuit breakers built into the system that simply just suspends trading after a certain % drop.

 

[piezoe]

Something happened in 2009, reflected in all the charts.

Agency MBS Historical Operational Results and Planned Purchase Amounts
https://www.newyorkfed.org/markets/ambs/ambs_schedule.html

Can't find any selling here..

You will see it at some point going forward however.

 

[piezoe]

If a person wants to understand markets, and in particular the equities market, they can not do better than to read Soros.

 

[JSSPMK]

No

'No' simply doesn't cut it as an answer. The government certainly has stepped in & bailed banks out last time, how's that not PPT?

Please let's have some fact based info to back your opinion that PPT does not exist. Otherwise, it's nothing more than an opinion of which there are plenty.

 

[murray t turtle]

Bank of Japan, a central bank, openly buys Japanese equity ETFs. (https://www.ft.com/content/885b3eba-bc9c-11e6-8b45-b8b81dd5d080). Is it such a stretch that any other gov or central bank buys stocks?



But volume is erroneous and has been changing (increasing) over time since the advent of computerized/HFT trading and increased listing of companies on exchanges.

Also, out of curiosity, why do you say it takes 5% of total volume of buying activity to push prices up?

%%
Anything is possible; as far as vol error, even if 20% or 55% of it is HFT, the remainder is still important.We know the Fed sold silver........................................................

 

[JSSPMK]

Actually, it is the correct answer and the onus of proof resides with those who believe in fanciful unproven theories about how the world works. If you like, you could list the PPT team's ( or whomever they work for ) current ownership in publicly traded stocks. Surely the absolutely huge stakes to move entire markets should jump out at you on the top shareholder lists.

I don't need proof, just like you don't need proof of its non-existence.

 

[sle]

http://thereformedbroker.com/2017/05/25/ppt-and-the-god-of-the-gaps/

Thank you!

 

[sle]

Of course it's a stretch cause people would notice. Central Banks are pretty transparent, even when they try not to be.

Bank of Japan, a central bank, openly buys Japanese equity ETFs. (https://www.ft.com/content/885b3eba-bc9c-11e6-8b45-b8b81dd5d080). Is it such a stretch that any other gov or central bank buys stocks?



But volume is erroneous and has been changing (increasing) over time since the advent of computerized/HFT trading and increased listing of companies on exchanges.

Also, out of curiosity, why do you say it takes 5% of total volume of buying activity to push prices up?

 

[SunTrader]

Bank of Japan, a central bank, openly buys Japanese equity ETFs. (https://www.ft.com/content/885b3eba-bc9c-11e6-8b45-b8b81dd5d080). Is it such a stretch that any other gov or central bank buys stocks?

And look how that's turned out. All time high was 28 friggen years ago. Or 100% higher than current levels.