OMG: THE MARKET IS NOT GOING UP !!!

So, the major indices have stopped rising. That must mean they’re going to zero, right?

Even with QE-Infinity remember, it is the end of the Fiscal Year for Funds of many types. They MUST DO SOMETHING. Selling winners and dumping losers is a legitimate strategy in order to secure the year-end bonus.

Of course, many stocks are blowing the fuck up and if you listen to the Candidates, we are either doing much better or screwing up big time. Take your pick as its the Silly Season.

Maybe I’ll eat a sandwich? Nah, too Plebeian…

Previous Posts by Scott Bleier
Right on Time
8 comments

3 Responses to OMG: THE MARKET IS NOT GOING UP !!!

jackrabbit mcgee says:

Hey, keep these twitter polls going and diversify the questions. It’s really great seeing the ibankcoin users perceptions on various topics. Nice to have more interactivity amongst users.

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Major US US Futures Europe Asia Commodities 2yr Euro Yields 10yr Euro Yields Oil
  • DOW 15,304.10 0.06%
  • NASDAQ 3,458.85 -0.02%
  • S&P 500 1,649.78 -0.04%
  • VIX 14.40 2.35%
  • SPX 500 (CFD) 1,649.60 -0.06%
  • DOW (CFD) 15,303.50 0.06%
  • NASDAQ 100 2,990.90 -0.02%
  • EURUSD 1.293 0.00%
  • UK 6,654.34 -0.63%
  • GERMANY 8,305.32 -0.56%
  • FRANCE 3,956.79 -0.26%
  • SPAIN 8,264.60 -0.95%
  • H. KONG 22,618.70 -0.23%
  • JAPAN 14,568.00 0.58%
  • KOREA 1,973.45 0.22%
  • SHANGHAI 2,288.53 0.57%
  • NAT GAS 4.23 -0.66%
  • GOLD 1,383.40 -0.60%
  • SILVER 22.28 -0.96%
  • COPPER 3.29 -0.17%
  • FRANCE 2YR 0.19 -10.90%
  • GERMAN 2YR 0.00 -120.00%
  • ITALIAN 2YR 2.18 27.59%
  • SPAIN 2YR 2.81 8.21%
  • FRANCE 10YR 1.94 0.31%
  • GERMAN 10YR 1.43 -0.90%
  • ITALIAN 10YR 4.14 2.68%
  • SPAIN 10YR 4.42 2.91%
  • WTI 93.94 -0.33%
  • BRENT 102.57 0.13%
  • WTI/BRENT 8.63
  • 321 CR SPR 21.96 10.04%