ZeroHedge reports rumor of debt ceiling deal

you all don't get it. this isn't a market or real economy. it's choreographed better than a broadway musical. non farm payrolls will soar friday and then we're back to squeeze fest. in a month people will look st 2q gdp as a soft patch and blame it on japan.

Quote from scriabinop23:

That said, that GDP trails and we already knew 2nd Q was lousy (before the GDP). 3rd and 4Q are what's on the market's mind.

Leading indicators > lagging.
 
Quote from Butterball:

Not sure if you noticed, but the college kids running that site are not trading. They wouldn't last a week trading a real money account before blowing up.

Plus if they were actually trading they would've blown up years ago. ZH is a doomsday blog. The've been bearish their entire existence.

Also, the main ZH blogger was indicted for insider trading for like 1k lol
 
Surprised at all the negativity aimed at zerohedge. Are there better sites to be reading? Or maybe all these critics just watch "price action" :eek:
 
extremism gets you nowhere in trading. Usually zero assets vs. zero hedge.

Quote from fickletrader:

Surprised at all the negativity aimed at zerohedge. Are there better sites to be reading? Or maybe all these critics just watch "price action" :eek:
 
Quote from heech:

Right, because GDP didn't happen last week.

The debt issue had a huge impact on currencies last Friday, but minimal impact on equities. All it did was inflate implied vola.

Assuming the deal gets done, i say ES jumps up 15 pts by the open, but trades flat (and maybe even down) from there... especially as dollar strengthens.
If we pass Monday's Open 1304 low 1302 close 1315 high 1317

Question is what we do after that. Good chance we sell-off not rocket straight up because it sure looks like we need to bottom better and the short squeeze happened a couple weeks ago and ....

But we'll see.
 
Quote from Debaser82:

They have been bullish on precious metals for like forever.....

How long is "forever"? Being bullish anytime since 2001 has been a pretty good call, albeit with some typical drawdowns that PMs always have...
 
http://thehill.com/blogs/on-the-mon...-neither-plan-protects-the-nations-aaa-rating


Wake up, both Deals are a fucking joke.

Half you idiots on this site sound like school kids discussing your favorite comic.

AAA status has already been downgraded by the world, hence the outflow of capital the from US Treasuries by foreign companies. The price of GOLD also shows that the AAA rating is a joke.

This country is not going to prosper until we see industry and captains of industry start to create "THINGS". Not some smoke and mirror Stock Market that you clowns pretend you trade.

We need a evolution in Small Business, Entrepreneurship, and less of tit sucking from Major Corporations and Cubical Monkeys pushing paper.

70% of the US GDP IS CONSUMER SPENDING! Do the math you half brain retards.
 
Quote from EMRGLOBAL:

http://thehill.com/blogs/on-the-mon...-neither-plan-protects-the-nations-aaa-rating


Wake up, both Deals are a fucking joke.

Half you idiots on this site sound like school kids discussing your favorite comic.

AAA status has already been downgraded by the world, hence the outflow of capital the from US Treasuries by foreign companies. The price of GOLD also shows that the AAA rating is a joke.

This country is not going to prosper until we see industry and captains of industry start to create "THINGS". Not some smoke and mirror Stock Market that you clowns pretend you trade.

We need a evolution in Small Business, Entrepreneurship, and less of tit sucking from Major Corporations and Cubical Monkeys pushing paper.

70% of the US GDP IS CONSUMER SPENDING! Do the math you half brain retards.

Man.....for someone who is so "successful" as you claim, you sure seem to be mad about EVERYTHING. Huge tell.

And again ...you continue to rip on trading, while tons of others prosper doing something you couldn't do. You really do look rather pathetic continuing with you whining.
 
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