I wonder if Pam wants to discuss Trump’s stock market.
just an fyi to anyone without knowledge of the finance industry, all the big indexes and shit are dominated by various algos unless there’s a 10% move down.
overwhelming majority of “X does Y because Z” articles you see out there are just building a narrative after something has moved because it’s one giant casino, but the powers that be need people to trade otherwise there’s no liquidity to extract. combine that with short-selling (selling things you don’t know) and this is where “sell the news” comes from
so, X drops a bunch for whothefuckknows…push out fearmongering stories it’s because of (insert disaster) to get people who don’t know any better to sell when they see their retirement accounts down some big figure. or…when your the one running the US…create your own disasters
Pretty much absolutely this. Seeing the rationalizations day to day that just dont make sense should undermine the explanations, but instead people just latch on the the ones that agree with them…
Yep. Its literally just a rigged casino game with an infinite bank.
honestly, the fact the game is rigged actually makes making $ easier than ever with just an amateur level of understanding (though there’s a limit to “scalping volatility”, eventually you make waves big enough to become the liquidity others are trying to extract) but, the fed’s liquidity injections only go so far. ultimately there are no friends on wallstreet/bankstreet, it’s a zero sum game and nobody leaves any $ on the table for anyone else if they can help it.
i will admit to not knowing the full scope of how that fed monopoly $ is moved around (that’s mostly through the banks iirc), but i do know someone/s out there is 100% trying to hunt that liquidity down for themselves somehow.
there are various rule differences between the US and most other world’s markets that when you look at them from a high-level they can be determined to exist for only one reason…to “facilitate liquidity/volatility”, to make the casino exciting. the rest of world cracked down on the worst examples after 2000-08, but the US left em for shits and giggles.
The market doesn’t need money from the fed to create money from nothing. When Tesla trades at 1000x its revenue that money just magically appears out of nothing.
coordinated trades to manipulate price action is one very big and common aspect to the casino, yes. but ultimately that number means nothing unless there’s actually the liquidity at that level for you to exit your position at a profit (in order to buy in on something else trading low) or you have a position in that stock to trade on margin elsewhere.
via unique aspects to how US options work, there is a lot of forced buying/selling going on at any time on most tickers
this is why the powers that be are trying in vain to prop up the wider market, US is most over-leveraged market in the world…when the music stops (liquidity tap closed)…anyone without a chair (not utilizing proper risk management) gets forced to sell, frequently at a heavy discount, as their margin evaporates
Except that rich people never sell. They get loans against their assets (i.e. imaginary inflated stock) that they use to buy real assets.
anything tied to the PA, loans included, are at risk when PA collapses. now, this is why tesla is propped up.
ultimately, PA is determined by whoever has the most $ to move around (and lowest entry/cost) between themselves
with forced buying/selling via options, and some sort of regular liquidity injection to maneuver around, it is very easy to control something that noone else is actually buying. index funds are required to allot some money to every ticker in X index, ans the overwhelming majority of $ being movdd around is via index funds.
there’s a whole wing of fintech designed around artificially inflating the price of companies right before inclusion in a big index, so they can “dump” on index funds that have to buy
there are so sooo many levels to shit, it really is the most convoluted predatory casino imagined, where 2 things are rewarded above all else…knowledge (of the underlying fundemental value) and greed. when your greed outpaces your knowledge is when people start blowing up accounts.
He’ll blame Biden.
Someday, in Bondi’s voice: “IT IS UNDER 9,000!”
I wonder if Pam wants to discuss Trump’s stock market.
I think they’ll be just as selective about this (and the huge dips right after his stupid and illegal tariffs were announced) just like they are about Donvict’s economy in 2020.
They act like it’s no fair to talk about the economy then because of Covid. Sorry, that kind of thing comes with the job, too. And honestly, I don’t know what he really did in his first term that would have boosted the economy anyway since Obama already had it on a great path.
It’ll bounce back once they see all the money those government contracts generate. We had KBR driving shuttle buses and Taco Bell being ran out of trailers on the FOBs in 2008 Iraq.
It’ll bounce back when people grab all of the bargain stocks.
The DOW is almost 50,000
The Dow might be zero
The stonks are crashing, war is raging, and the ocean is full of microplastic. What to do?…
profit
Too bad the Epstein class probably got warning and pulled out all their money leaving your 401k to hold the bag.
Maybe. It’s still near ATH, but they could sell off now, wait for things to go to something in the range of late 2008/early 2009 and start pushing all that money in then.
“Dow tumbles 1.100 points…”
SO FAR
USA, USA , bomb them yes ! Yes! Freedom to the world!!!
Good. Keep going.
The stock market is crashing, and gas is spiking.
Does that mean we can go back to caring about raping children again?
So now it’s alright to pay attention to the Epstein files?
I can’t decide. Do we like the Trump-Epstein War or the Epstein-Trump War? They both have their merits.
The Trump-Epstein files - FTFY.
This would be a pretty big deal if that was that for the sp500.
Of course the sp500 is down a bit YTD, which is pretty bad by the standards of the last couple of decades. Two months of a mostly stagnant SP500 is a bad sign
