No one care about earnings or even revenues anymore. All that matters is QE, helicopter money, and firings. The more firings the better, just as long as it doesn’t interfere with RECORD low unemployment numbers.
The real puzzle for the maze masters is to figure out how to fire as many people as humanly possible without putting a dent into the unemployment rate. I am confident our leaders, who are taking up the mantle of the former speaker of the house, and head of all child molesters, Denny Hastert, are working diligently on this great problem we are facing as Americans.
Also, and additionally, the oil sector is back in force. The lucky lads over at PXD are drilling as fast as humanly possible, as well as the Sauds, Russians, Iranians and everyone else. The great collapse of oil was shit upon by the drilling elite. They shall have their cakes and eat them too.
Lastly, there is the important matter of war. In spite of the fact that Obama mentioned 16 times that we would not put boots on the ground in Syria, we are putting boots on the ground in Syria.
What a wondrous world of fantasy, lies and propaganda we live in.
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Price is truth. The truth will set us free.
Bear Stearns traded $30 the Friday before their collapse. The stock, subsequently, opened up at $3 on that fateful morning.
QED
Were stocks concocted higher for Obama’s legacy? Most likely — NOT. More seemingly available as a tool end of term. Like — if “something bad happens”
values are so stretched and so high — like they are — headlines of panic abound
Start each day with buying a E-mini contract or two. This is the secret to riches.
Birkenstocks are not boots; therefore, no boots on the ground. Nobody said anything about sandals.
Sounds kinda like the great collapse in financials maybe done for the financial elites awhile back….
Maybe this is 1999 again. Earnings are for suckers. Unemployment will continue to be low. Everyone will become a Wal-Mart greeter.
He’s adding up to 250 people to our forces already fighting ISIS– not any big change and not a large number of people. If you think we need to fight ISIS, well, he is doing it. I’m not so sure we should be doing anything in the M.E. myself. It is too unclear what is going on, as this chart of who is fighting whom in Syria, clearly shows.
http://www.vox.com/2016/2/16/11024056/syria-war-chart
bubbles — in their various forms ALWAYS — end the same
— ALWAYS
there was easily nonaggression towards isis on purpose to allow some of their ‘achievements’. obama was obviously either an active or passive participant. he either wanted or knew isis was supposed to fulfill some geopolitical agendas. they started blowing them up because a lot of that was achieved or/and maybe the directive is changing
Oh, so that is the popular conspiracy theory on the subject. I can always depend on you to know these.
The Fly has become Horatio Clawhammer.
Crude was trading in the low 50’s the last time the XLE was $69. Something is wrong here.
Fly, you’d rather buy 10 years bonds yielding all time low returns. It’s your right. Some people even guarantee themselves a loss over 10 years. It’s their right too. But please, respect people who believe it is a better choice picking stocks like COP FB FDX and NOC. Respect the fact that there is no bubble in the stock market. That noone is excited. That central banks are directly financing governments and now corporations too. You will not beat the printing press. And guaranteeing yourself a loss for the next 20 years is not necessarily the best investment out there. I’m worried about you man. Where’s your common sense? Negative yields, really? This is real sad. How do you know inflation isn’t going to explode in 10 years? Are you buying cheap paper? Are you fighting the tape? Are bonds the very reason why this market is doing what it is doing and your complaining about it when you actually are part of this game buying ridiculous toilet paper issued by governments? Look at yourself in the mirror my friend.
What in the world are you talking about?
I will not respect people buying COP. I will not respect your opinion that ‘there is not stock market bubble’. That is your opinion, not a fact. Moreover,government bonds HAVE OUTPERFORMED all markets in 2016.
In short, you’re a moron.