Let me demonstrate.
Obama's stock market pic.twitter.com/cCQ0SKrmef
— The_Real_Fly (@The_Real_Fly) January 26, 2018
Trump's stock market pic.twitter.com/iEjiUJpyOP
— The_Real_Fly (@The_Real_Fly) January 26, 2018
Closed out the day heavily long. Top picks RAS, MYSZ, VNET, NUGT, and FTK.
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FTK from under $1 all the way to $30 was such a gift! Probably my fondest memory since following from 2009. Conviction was undeniable.
Has the company ironed out all those management issues from those days?
Ok. I get 0bama’s market. Trump’s market are two camel riding degenerates who don’t how to close the door of a stolen Lamborghini pretending to throw fake money around? Is that it?
Where was Mo Green when you needed him to slap Steve Wynn around like Fredo Corleone when he was banging cocktail waitress two at a time?
Have been correct that there is a scripted arrangement for 2 100+ 200+ dow closes each week, for the start of year 2018. The nonanomalyous anomalyous 200+ dow closes the first week were fairly detectable as such.
There is a central control mechanism on the united states stock market. As I surmised 5+ years ago. As I also said, you guys were giving away your financial system, now one of the biggest boombust timelines in history.
Those control mechanisms were under Obama.
still obamas market, and this blog is extensively deluded,
and will be proven wrong, that Trump’s market is stellar. It’s
obama’s market bubbling mountain-after-mountain over trump
When will this blog acknowledge there’s an irreversible collapse?
How much higher? 6000 dow? 9? How much longer in denial.
How many more glaringly artificial induced, clearly prescribed, closes
How long
can this blog
continue to be viable
without identifying the systemic
susceptibility
This blog is starting to look like the joke of the close today.
Will it start calling out what is happening or continue to
look like a joke
as the indexes head toward oblivion the only result of current trajectory
It’s amazing how you can be both right, and unbeleivable wrong at the same time. You take credit for calling the rally, while also sounding the alarm for an inevitable decline.
“A tale full of sound and fury; signifying nothing”
His writing is mixture; part drunk Bukowski, part high cut-up Burroughs, mixed with a drunker Kerouac topped off with stream of consciousness Joyce.
definitely a ton of HST in there. I would venture that he is a big fan.
Honestly, take a peak
http://www.multpl.com/shiller-pe/
Does that not trace a textbook economy wide Problem?
Has every week of suspiciously abnormal dow increases merely created that leg over the last 4-6 months
Does everyone just standing there hypnotized watching it happen, not look like a de facto moron
I, specifically, repeated the mantra that the next one would be 2x 3x lehman, awhile ago for a few years
Was I not at least plausibly correct?
Which peak do you want me to take? Pike’s Peak? Widow’s Peak?
I can’t take advice from someone with an IQ 2000 points below mine.
Chess. White or black? Put up or shut up
White, I like to open
What’s your Triplenine member number?
I’m making more in a week than I did in a year under Obama. Thank you President Trump!
The rationale is incorrect. Easy money at the end of an overextended 8 year bull phase, at valuations over black tuesday,
Ok
Normal
Go look at returns in Obama’s first year.
Showy, I see what you’re looking at there and I hear what you are saying.
And I think eventually you will be right that a significant correction will come.
At some point in the future.
Not however, the near future, from what I see happening on a macro scale..
Looking at the Shiller P/E you posted from a historical perspective however, can provide some insight as to what is happening in the market and I also believe, why it is happening.
Trumps policies have a small influence on this profit “bulge” to be sure but something much larger is in play here given the forward looking nature of the market.
The “twin peaks” of 1929 and the dot com boom of the late 90’s and early 2000’s were both driven by new technologies that made the “old way” of doing things obsolete. Both of those technologies were incredibly disruptive and destroyed the way things had been done previous to their arrival.
I’m speaking of course of the wide spread adoption of assembly line production that occurred in the 1920’s after Henry (the Great) Ford introduced it to the manufacturing world at large.
The second being the advent of the interwebs on which we chat. Look at what this has done to commerce. Would Amazon, Facebook, Apple exist without it? Look at what it has done to newspapers, magazines and the US postal service. A new paradigm was loosed upon all the world and the long term effects of it are as yet not fully realized.
The period of “shrinkage” from roughly 2007 – 2015 are the real anomaly. That lack of growth in that time frame is attributable to, yes, irrational exuberance and also the dreadful business climate fostered and promoted by the last administration.
Banks have learned their lesson as anyone seeking a home mortgage these days can tell you. The only way you can get one is if you don’t need it in the first place. A financial meltdown from the same cause will not happen again until all people left in existence have forgotten about what happened there.
But I am wandering off the beaten path here….
We are on the cusp of yet another technological wave which I think will make the first two pale by comparison. The two main things driving the upcoming event are AI and genetic engineering of damn near anything and every thing. Plants and animals and humans alike.
The internet of things is just beginning to take effect. Witness such a simple device as the thermostat in your home morphing into what something like a Honeywell Lyric, and Ecobee or a Nest is and can do. This is just the very beginning, the first pitch to the first batter in the first inning of the first game of the season. Think of what these simple devices plus a host of other more sophisticated machines will do when enabled and enhanced by AI.
It’s just staggering to imagine what is coming.
All of this is going to have an enormous effect on profitability of companies in position to take advantage of both AI and genetics. I think the market sees this approaching flood and is just beginning to position itself accordingly. Very few people alive right now have a full understanding of how things will change in the next 2 decades as this new technological wave starts breaking on the shore.
I think there will be retracements, yes, but the trend is going to be up.
A world wide meltdown such as I think you are imagining will not happen unless we plunge into an all out world war of annihilation or some type of pestilence wipes out 20% of the world’s population.
All your reasoning is secondary to the indisputable fact that we already consumed all our unencumbered capital and then financed present growth with borrowed capital from future. We’re at the end. The cardiac arrest is just around the corner, 1-2years at most, probably sooner. The debt is growing now exponentially, disregard “official” statistics and data as they are doctored and fabricated. We are past the point of no return. This is life support material. This would collapse on its own if unattended but “they” will pull it when all the insiders are positioned to profit from it the most. They need war. War #3 will distract the masses from focusing on the true cause of this fiasco – the central (((banksters))) who have been fleecing the plebs for the last century. Prepare for war which will be blamed for impoverishing everybody; not the financial system that made debt slaves out of nations, communities and individuals.
Well said Sarc. Esp for someone still reading fake Rusky websites trying to distract us all with stories about tampons in the mens room. I still can’t get the taste of that out of my mouth.
Sometimes I think your one of “them” and then sum it all up quite nicely. This endgame is probably our greatest fear, that the NWO is real and when the shitz hits the fan and these Trumps, Banks, Putins and Xi et al have their backs against the wall they push the button and we all fry.
I feel like were back in early 2008 wondering what will survive the collapse, only this time it seems like most likely nothing will.
Bleak.
So sad.
I bow down. Im not worthy.
I believe the leg since election is a ruse/charade. I believe it’s all tied to bigger political narratives/games. That could prove incorrect. But the econ cycles and limits are impenetrable regardless
Not to infringe on your entry but the way and manner in which the Vix manipulation has exhibited itself: highly suggests that tricks/trickery are the modality of that manipulation. ie sub ter fuge
rock on heater
do you have a blog, I’m a fan
Wolf says “I should have a bigger platform”
Heater, great post. Next two decades… shit years. Exponential things are hard to calculate. Biotech seems like best odds??
Frump knows the secret technology that exists. He intends to unleash it bigly.
Showtime in video character mode…
https://mobile.twitter.com/Steve_OS/status/956164448322031616/video/1
Showtime, this shit about to go mega ape shit to the crazy upside. Too soon cray cray.