Network Effect

Apple Analysts Reality Check: Bear Rally Is Over

"The problem is that the Apple analysts’ real job is to get individual investors to buy stock from their firms, and to work the agenda and spread propaganda for their best clients, the institutional investors."

- This is exactly why the stock market is a joke. The fact that people in the business that are regarded as analysts are working the agenda and spreading propoganda for the benefit of their investors rather than saying what they believe to be the truth is ridiculous. We're in a "Let's put some lipstick on this pig" market now - almost 100% pump and dump and smash and grab. In the last 10 years (the actual transition came in the last two years), the most amount of money in the market transitioned from investing to trading. There are still large players out there that invest, they just aren't big enough en masse to influence the price of a stock. The largest group of players are trading, and stocks trade whatever way the most amount of money in the market is trading. When the most amount of money started trading on things other than fundamentals, fundamentals stopped being what determined a stock's price. Things like technical analysis, and outright fraud and manipulation, are what drives stocks's prices today. Until the biggest money in the market transitions back to investing rather than trading, the stock market will continue to be a con man's game. Individual investors are playing with a marked deck. They can only win if they know how the dealer is betting; it no longer matters what they know about a company. It only matters what they can find out about how big money is going to trade.