Thursday Outlook: Commodities, Global Markets [View article]
My general question as a investor in the DBA, DBC, DBB due these revert to a closed end fund which seems to be happening to UNG. Very confussed on the impact of the position limits and agree with David Fry that the CFTC and SEC should be more worred about GS and the boys OTC derivative trading then these ETF's. Getting to the point only thing to do is keep cash, gold, silver bullion and keep a small speculative portfolio to follow the boys game.
Friday Outlook: Commodities, Global Markets [View article]
What is the link in Zero Hedge could not find it.
On May 22 02:28 PM Sober Realist wrote:
> Interesting quote from Cautious Investor: > "Zero Hedge has posted a video of a Fox News interview with Doreen > Morgavero and two other players. It's worth the drop over to ZH to > watch this video which offers some shocking revelations and insight > about recent market activity. From the transcript of the video:<br/> > > "Something strange happened during the last 7 or 8 weeks. Doreen > you probably can concur on this -- there was a power underneath the > market that kept holding it up and trading the futures. I watch the > futures every day and every tick, and a tremendous amount of volume > came in a several points during the last few weeks, when the market > was just about ready to break and shot right up again. Usually toward > the end of the day – it happened a week ago Friday, at 7 minutes > to 4 o’clock, almost 100,000 S&P futures contracts were traded, > and then in the last 5 minutes, up to 4 o’clock, another 100,000 > contracts were traded, and lifted the Dow from being down 18 to up > over 44 or 50 points in 7 minutes. That is 10 to 20 billion dollars > to be able to move the market in such a way. Who has that kind of > money to move this market? > > On top of that, the market has rallied up during the stress test > uncertainty and moved the bank stocks up, and the bank stocks issues > secondary – they issues stock – they raised capital into this rally. > It was perfect text book setup of controlling the markets – now that > the stock has been issued…”
Thursday Outlook: Commodities, Global Markets [View article]
Friday Outlook: Commodities, Global Markets [View article]
On May 22 02:28 PM Sober Realist wrote:
> Interesting quote from Cautious Investor:
> "Zero Hedge has posted a video of a Fox News interview with Doreen
> Morgavero and two other players. It's worth the drop over to ZH to
> watch this video which offers some shocking revelations and insight
> about recent market activity. From the transcript of the video:<br/>
>
> "Something strange happened during the last 7 or 8 weeks. Doreen
> you probably can concur on this -- there was a power underneath the
> market that kept holding it up and trading the futures. I watch the
> futures every day and every tick, and a tremendous amount of volume
> came in a several points during the last few weeks, when the market
> was just about ready to break and shot right up again. Usually toward
> the end of the day – it happened a week ago Friday, at 7 minutes
> to 4 o’clock, almost 100,000 S&P futures contracts were traded,
> and then in the last 5 minutes, up to 4 o’clock, another 100,000
> contracts were traded, and lifted the Dow from being down 18 to up
> over 44 or 50 points in 7 minutes. That is 10 to 20 billion dollars
> to be able to move the market in such a way. Who has that kind of
> money to move this market?
>
> On top of that, the market has rallied up during the stress test
> uncertainty and moved the bank stocks up, and the bank stocks issues
> secondary – they issues stock – they raised capital into this rally.
> It was perfect text book setup of controlling the markets – now that
> the stock has been issued…”