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Thread: Roller Coaster Stock Market...becoming a farce

  1. #1

    Default Roller Coaster Stock Market...becoming a farce

    Dow opens at -600. but now up over 900....a 1500 pt swing?? FOH
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  2. #2

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    What a joke this is...anyone believe these swings?? I dont.

    I can see it going down, it always moves lower faster than it goes higher...never seen so many quick recoveries so instant after a dip.

    This is total manipulation and fraud.
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  3. #3

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    I used to play the seasonal swings in the natural gas market via some proxy companies. This year, I got out & stayed out because things were so politicized that the market forces I previously understood, no longer had any real influence. To put the cherry on that cake, I now read this -

    "While European NatGas prices have fallen in recent weeks, they remain extremely high relative to 'old norms' as Russian supply restrictions amid EU self-sacrificing sanctions are leading to fears of deaths and starvation as 'winter is coming'.

    However, things are a little different in the US where Bloomberg reports that booming production in the vast Permian basis known as Waha is overwhelming pipeline networks, creating a regional glut of the fuel.

    That glut has meant that, according to traders, Waha gas was trading for as little as 20 cents to 70 cents per mmBTU this morning (which compares to around $5 for the US benchmark NG contract and around $30 in Europe)..."

    https://www.zerohedge.com/energy/ami...ices-near-zero



    This is almost as insane as when oil futures went negative 35 bucks.
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  4. #4

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    Quote Originally Posted by SilverPalm View Post

    This is almost as insane as when oil futures went negative 35 bucks.
    Its such a mockery.

    There was a day when stock price was nearly entirely based on EARNINGS.

    Now its retardland in bidenworld...every day -600 +700 gtfoh....
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  5. #5

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    DOW up 800+!!! Happy times are here again!!
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  6. #6

    Default

    Quote Originally Posted by Miteysquirrel View Post
    DOW up 800+!!! Happy times are here again!!
    It's a bankable profit for those who were in.

    It was a good week for equities. But what will next week bring??? Ups? Downs? I don't know.
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  7. #7

    Default

    Quote Originally Posted by SilverPalm View Post
    It's a bankable profit for those who were in.

    It was a good week for equities. But what will next week bring??? Ups? Downs? I don't know.
    Theres some kind of election soon, I heard its a big one.
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  8. #8

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    The DOW is wild this year, bounced off 30k, hit 34, bounced off 29 twice, back up to 33, since June. A bit of a tech crash is in session, who knows how that will play out, their are so many technology companies now. Energy stocks are hot, assuming airline stocks took off, something has to.

  9. #9

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    Soon as "they" take their thumb off the scale, the market plunges.

    The smoke and mirror has to survive just a little longer....perhaps till January when a new congress and agenda begin.

    So that it cant begin.
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  10. #10

    Default

    Quote Originally Posted by Miteysquirrel View Post
    Dow opens at -600. but now up over 900....a 1500 pt swing?? FOH
    it's been Fake since at Least 2009...
    Anyone Remember the 2010 FLASH Crash?
    Dropping a Thousand points in Like a Minute or some $hit
    x3

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