Posted by jtsurfah on 31st of May 2020 at 07:21 pm
Plunge Protection Team working over time to defend 3K.
What rational individual or institution, anywhere in the world,
would be buying S&P futures this moment with the almost
certainty that there will be a sale tomorrow? It doesn't
make any sense. Either the Fed crossed another red line (in secret)
or another Gov team is buying in secret (my opinion).
Hypothesis: The riots will lead to more government spending,
both government programs and Fed money printing, hence markets kind
of like it. Maybe market participants have now been trained that
bad news = good news (more liquidity will be provided) that the PPP
doesn't even have to buy anything. Just a thought.
Posted by jtsurfah on 31st of May 2020 at 07:24 pm
Markets at any one point in time represents the real time
balance between buyers to sellers. The fact that the markets are
relatively stable here, tells me they are rigged.
Plunge Protection Team working over
Posted by jtsurfah on 31st of May 2020 at 07:21 pm
Plunge Protection Team working over time to defend 3K. What rational individual or institution, anywhere in the world, would be buying S&P futures this moment with the almost certainty that there will be a sale tomorrow? It doesn't make any sense. Either the Fed crossed another red line (in secret) or another Gov team is buying in secret (my opinion).
Hypothesis: The riots will lead
Posted by puma on 31st of May 2020 at 08:35 pm
Hypothesis: The riots will lead to more government spending, both government programs and Fed money printing, hence markets kind of like it. Maybe market participants have now been trained that bad news = good news (more liquidity will be provided) that the PPP doesn't even have to buy anything. Just a thought.
Markets at any one point
Posted by jtsurfah on 31st of May 2020 at 07:24 pm
Markets at any one point in time represents the real time balance between buyers to sellers. The fact that the markets are relatively stable here, tells me they are rigged.
they are, we just have
Posted by ssaffer on 31st of May 2020 at 07:35 pm
they are, we just have to play along so we can make money from it.