Market Currents
An astonishing fact about the stock market since October 2010: Out of 156 weeks, the market has...
-
Saturday, September 29, 2012, 8:25 AM ETAn astonishing fact about the stock market since October 2010: Out of 156 weeks, the market has suffered only seven negative Y/Y readings. Even during the seven Y/Y-down weeks, the largest negative reading was just -1.6%. "Just goes to show you how resilient and strong the market really is," Jerry Khachoyan exults.
Other date
Latest Macro Articles
This news story has 20 comments:
Well actually no. What it really shows is how well the FED and the PPT are able to artificially pump and manipulate the market. Ever notice how a down day based on bad economic data suddenly becomes positive in the last hour of trading?
delusional! ...
what SOLID fundamentals!
They have cut inventories and work force to the bone..while refinancing debt at record low interest rates.
How many earning reports have we seen with increased profits but lower production.
Remember back in days of old when interest rate cut of quarter point would pump the market...Feds no longer have any "real" cuts in their arsenal..and only powder left exists as "promises" not to raise in the future..That is scarey!
It's quite hard.
Let me guess..... you all missed huge returns like AAPL going from $100 per share to $670 in just three years.....
While you scream, rant and babble, we keep making huge sums of money. Thank you again doomers.
My comment is directed to the trolls.
Buy the dips, especially in precious metals and their miners, and Ben Bernanke and his Posse will reward you in the long-term.
Personally, I would rather make real gains in a "bad economy" than make less in a "good economy". My point is that it doesn't really matter if you know how to play it. Too many investors allow their political leanings to influence their investing decisions.
As for FED manipulation, it's not much different than what dark pools and HFT algos have been doing for the last 7+ years.
No, too many investors don't care about politics if they can make money. Then we end up with what we have now; apathy.
Sure I can continue to live by eating in a restaurant that smells, has rats, is dirty, is noisy, has bad service, but has edible food. But if I could change it, I would. To change the investment environment we need to change attitudes, including any that say, "It's OK, I am making or can figure how to make money." This is a major part of the problem with Wall Street. They don't care about America. They don't care about the future as long as they are making money.
Otherwise, we as a country, would never tolerate the elected officials that we have today (or in the recent past).
After that, I have no problem with taking advantage of the ignorant Americans that over-leverage while zoning out on the Kardasians.
I say "Good luck to those suckers". If they snooze, they lose.
Atlas Shruggs (the movie) comes out Oct. 12. Good lesson for the feeble and slow of mind..
Did Jesus rode dinosaurs too? Hahahahaha.....
The economy is in poor shape.
Corporate activity is weak, so they are shrinking balance sheets and workforce to make things look 'okay'.
Fed is throwing the party of ....well...how do you say this: history/world's lifetime/forever?
On the margin it actually takes very little money to make the market go higher.
So stock prices can easily be pushed higher with a massive liquidity event.
This won't go on forever. Of that you can be certain. If you have enjoyed the gains from this massive bubble, lucky for you. Most of America has, either through direct participation, or through retirement programs.
There is only one thing of which you can be certain: this WILL end. And when it does. Well, there won't be many who will be boasting that they rode Apple from 700 down to 10.......