I have a really bad feeling about what's behind this rally.
The saved money from Mnuchin which wasn‘t put into work yet? They saved it to bomb the market higher via the P. Diddies right in front of the election, correct?
What about the Christian banks? Do you refer to any other bank in the world by the ethnicity or religion of its founders?
Goldman, "the Jewish bank," is the only one that could ignite a crash? Right. As if JP Morgan, or any other Primary Dealer couldn't.
And why the fornicate would they do that? Why would any dealer do that? Do you have any idea the size of their Treasury portfolios? Do you think that they want to destroy whatever is left of the US economy?
All the banks act in their own self interest, regardless of how many Jews work there or own stock.
What a stupid, bigoted argument to make.
Doc,
you are right. I apologize. It was not my intention to offend anyone and yes it is not appropriate to classify banks by the etnicity of their founders.
I did write „or gap up 33“ cause that was the year the NSdAP established power. The year of the „Machtergreifung“.
It is my deepest believe that - aside a military coop - the only force to prevent Trump from winning is a stock market crash. Who has the power to do that? The banks or the FED itself, but they refuse to do so. But yes I agree: The banks only look after themselves. That‘s why they financed the Nazis too.
Another 4 years would not only be a catastrophe for the US, but the whole world. See, it already has sunken in: Today we say G.W. Bush was „ok“. Before Trump we said „he was an idiot“.
Or gap up 33... 🙄 To make it clear under which rule the US lives from Nov 3 on...
I am disappointed about the jewish banks. Goldman simply can‘t do what they do right now. They have the power to virtually kill Trump. But they support him.
Goldman alone hat the influence, the relationships and the sophisticated technique to ignite a crash. If they want. But they don‘t. They support Trump.
This is misleading for a couple of reasons. Purchases only lagged issuance in May-June. Purchases have kept pace since then.
And they're not counting the MBS purchases, which are cash to dealers. The mainstream media and economists fail to understand the mechanics of POMO. Cash is cash. Makes no difference what they sell. They get cash. They can use it to buy whatever they want. Some of it is Treasuries, some isn't. I track what they're buying.
Meanwhile the Fed has either purchased outright or funded the purchases of virtually all new Treasury issuance throughout the crisis, and for years before that, except for 2017-18.
Liquidity Trader subscribers have been in the know on this every step of the way. Get in the know! Understand the mechanics of Fed POMO and the implications for the markets! 90 day risk free trial!
Thanks Doc. I thought that the MBS were missing when I saw the graph. Otherwise it would have meant that tbe market would have run on igs own for the last 3 and a half months, which I can‘t imagine it could sustain.
There are some very smart people you can chat to. Where you can disagree as well.
Smart people who were here are No longer here
.Sven Henrich is an Idiot and he can't take it. When I use to post things that turned out to be right. He banned me. It's all about taking Money from fools.
K-Wave Rider was probably the smartest. A big mess that the board lost him.
regarding Sven H.:
every chart is a bear flag or bearish wedge for him. He draws wedges where there are none and he does the old school x snd y axis trick and uses lin or log charts not consistantly, when it fits his argument he uses a lin chart like others do when they wanna how phenomenal S&P did since the 70s, instead of using a log chart.
and don‘t get me started on his Willshire to GDP ratio chart... that thing is pretty much the same as the Buffet indicator and that one is on a sell since 2013... that is not a typo... 2 0 1 3.
For example, the traffic record on this thread for the past thousand years was set on March 20.
But you don‘t have the stats for the old board anymore, right? Can‘t imagine that in 2001-2003 timeframe there wasn‘t a higher number than at March 20 2020. back then the board used to be PACKED like a train station in India. Even in March 2020 there were more or less the same 10-20 hard core stoolheimers here, the board didn‘t really get crowded.
My personal indicator is „I am Madness“. As long as he does not appear here I won‘t go short. He is ULTRA smart. I believe he does not appear cause he doesn‘t want to get talked out of his longs. See, if you follow Sven Henrich each day since April you would have closed longs at a certain point. It is psychologically impossible to maintain large long positions if you follow bears each and all day.
Theo Roosevelt? His anti.trust policy? Good stuff, but who should run a new anti-trust policy? Biden??? Let‘s face it: Not even Bernie Sanders would do it.
but its differnet then in 2002 when those companies didnt generate rev at all.
we could have a correction but making a bet on crash or coming back to 2002 level is absurd to me. we live in different world. everything is becoming digital. everything.
I agree 100%. There are lots of folks who said that when Apple was at a PE of 17 that it was „ridiciously overpriced“, that were guys with „big names“ in the web or on Twitter. Fact is: At a PE of 17 Apple was a MONSTER bargain.
Sales for the Iphone 12 will completely bomb the rooftop away. People forget one thing: Many many folks are in fact PROFITEURS of Corona. The complete upper middle class of every western society profits from Corona. That‘s the typical Apple customer. The money which was saved by not having to commute to work and which was not spent for an expensive vacation will be spent for stuff like the new iphone or the new ipad pro.
The monopolies are there and they will not be broken up. There wont be a second try like with Mafiasoft in the 90s. See, it was obvious even for a blind ape, that by the middle of the 90s MSFT was a HORROR monopoly, yet the trial was not successfull.
So what was the reason for the swoon in the last hour? The McConnell interview on FOX or margin calls in PM‘s, where then players were forced to sell stock to meet margin requirements?
The Only Thing That Matters on the Bullshit Train 8/26/20
in The Daily Stool - Stock Market Message Board
Posted
The saved money from Mnuchin which wasn‘t put into work yet? They saved it to bomb the market higher via the P. Diddies right in front of the election, correct?