I was bearish on bitcoin until one of my friends asked me to do an analysis on it. Price is trading between 32k and 42k and building steam for a move to at least 52 k in my opinion.
It is going to crash if Trump locks people up and it's going to crash if Biden is inaugurated.
Maybe this whole thing is a giant theater for the REAL villains, the giant hedge funds and banks. Either way, they ALWAYS win and they've been loading puts for the last month.
The S&P is trading at all time highs but the momentum seem to be slowing this month.
Remember, about 12 months ago we saw the market fall hard, and it was already starting to fall before Covid but that really accelerated the selloff into the Feb low of roughly 2200.
Price has been trading within that widening channel on the chart above since late 2017 and was already overdue a trip back down.
So Biden will inherit an all time high, and preside over a deep market crash. Unfortunately it is doubtful that he will have any policy options to instill investor confidence.
The Fed will intervene with more fiat money, but inflation is already bad now, and will be even worse with yet another intervention. This will kill growth, and if Biden goes forward with his liberal immigration policies and minimum wage proposals, we'll be looking at depression era GDP.
They have to run a balance between juicing the markets and keeping the bond markets happy. What makes bond markets very unhappy is inflation because they will get reduced if not negative yield. An unhappy bond market does not buy bonds and if that happens then corporate, municipal, and government liquidity dries up.
If that happens it is game over for the stock market anyway. The day is coming though.
The stock market is fake. It's a ponzi scheme that benefits the rich. American workers were tricked into this system and companies lobbied put it in place because they didn't want to provide pensions for their employees. They used the stock market to reduce the companies risk while filling their coffers with money.
Those are some major generalizations that gloss over major parts of market history and mechanics, and inflate some of the abuses that are inherent to any system of wealth management and wealth transfer, but offer no standard for comparison.
The stock market is real. You can go online onto e-trade and buy a share of a company and trade it around. Some share classes carry greater weight than other shareclasses, and it is up to the investor to make the decision as to whether their interests are still aligned.
The argument that shares do not constitute a fractional portion of company ownership is wrong. I have a file cabinet of all of my shareholders communications for numerous oil and gas and mining companies I've invested in over the years. They have pages and pages dedicated to shareholder rights. I was involved in lawsuits where management diluted shares of ownership and we sued them.
The argument of dividend reinvestment vs not paying out dividend is not proof of stocks being a ponzi scheme. That's absurd. Apple is at this point no longer innovating. They are practically a utility. They should be paying out a dividend. Growth oriented companies should not be paying out a dividend. Read Buffet's work and why he wants companies with dividend reinvestment so that he can make use of compounded growth rates. How a company spends it's excess cashflow is a management decision. If they don't pay a dividend and spend the money on crap with a negative return on investment their price will go to shit.
Bottom line, there are times when the earnings of a company do not justify their valuations. Times like now. But that doesn't make the market fake. It means that there will probably be a huge pullback soon and all the shitty companies will get taken out.
When the government can print money out of thin air to fix a crashing market it's fake. There is no risk for large companies and the general public is left to foot the bill for gross negligence and incompetence.
With Biden wanting another lock down and taxing capital gains by 50% I'd expect to see a big crash within the next 8-16 months.
I was bearish on bitcoin until one of my friends asked me to do an analysis on it. Price is trading between 32k and 42k and building steam for a move to at least 52 k in my opinion.
I think the crash starts within a month of him taking office. The optics will be very bad for him
https://www.zerohedge.com/political/biden-plans-10-day-blitz-executive-orders-reverse-greatest-damages-trump-administration
tell me your prediction friend. We can revisit this at the end of the quarter.
The market is going to the moon ... This will be the largest wealth tranfer from the middle class to the .01% trillionaires of all time.
It is going to crash if Trump locks people up and it's going to crash if Biden is inaugurated.
Maybe this whole thing is a giant theater for the REAL villains, the giant hedge funds and banks. Either way, they ALWAYS win and they've been loading puts for the last month.
The S&P is trading at all time highs but the momentum seem to be slowing this month.
Remember, about 12 months ago we saw the market fall hard, and it was already starting to fall before Covid but that really accelerated the selloff into the Feb low of roughly 2200.
Price has been trading within that widening channel on the chart above since late 2017 and was already overdue a trip back down.
So Biden will inherit an all time high, and preside over a deep market crash. Unfortunately it is doubtful that he will have any policy options to instill investor confidence.
The Fed will intervene with more fiat money, but inflation is already bad now, and will be even worse with yet another intervention. This will kill growth, and if Biden goes forward with his liberal immigration policies and minimum wage proposals, we'll be looking at depression era GDP.
He'll be totally done by 2022.
The market crash will occur coincide with Biden's 10 day EO blitz:
https://www.zerohedge.com/political/biden-plans-10-day-blitz-executive-orders-reverse-greatest-damages-trump-administration
I don't think so, S&P is based off of the largest corporations in the U.S.. The federal reserve will forcibly buy their stock before they collapse.
Heck, with current Fed policy I'm willing to bet half of America will starve before the S&P 500 drops 50%.
They have to run a balance between juicing the markets and keeping the bond markets happy. What makes bond markets very unhappy is inflation because they will get reduced if not negative yield. An unhappy bond market does not buy bonds and if that happens then corporate, municipal, and government liquidity dries up.
If that happens it is game over for the stock market anyway. The day is coming though.
The stock market is fake. It's a ponzi scheme that benefits the rich. American workers were tricked into this system and companies lobbied put it in place because they didn't want to provide pensions for their employees. They used the stock market to reduce the companies risk while filling their coffers with money.
https://timdenning.medium.com/the-stock-market-is-a-ponzi-scheme-2776f075b67b
It's a diaper for capitalism when it shits' it's pants.
Those are some major generalizations that gloss over major parts of market history and mechanics, and inflate some of the abuses that are inherent to any system of wealth management and wealth transfer, but offer no standard for comparison.
The stock market is real. You can go online onto e-trade and buy a share of a company and trade it around. Some share classes carry greater weight than other shareclasses, and it is up to the investor to make the decision as to whether their interests are still aligned.
The argument that shares do not constitute a fractional portion of company ownership is wrong. I have a file cabinet of all of my shareholders communications for numerous oil and gas and mining companies I've invested in over the years. They have pages and pages dedicated to shareholder rights. I was involved in lawsuits where management diluted shares of ownership and we sued them.
The argument of dividend reinvestment vs not paying out dividend is not proof of stocks being a ponzi scheme. That's absurd. Apple is at this point no longer innovating. They are practically a utility. They should be paying out a dividend. Growth oriented companies should not be paying out a dividend. Read Buffet's work and why he wants companies with dividend reinvestment so that he can make use of compounded growth rates. How a company spends it's excess cashflow is a management decision. If they don't pay a dividend and spend the money on crap with a negative return on investment their price will go to shit.
Bottom line, there are times when the earnings of a company do not justify their valuations. Times like now. But that doesn't make the market fake. It means that there will probably be a huge pullback soon and all the shitty companies will get taken out.
When the government can print money out of thin air to fix a crashing market it's fake. There is no risk for large companies and the general public is left to foot the bill for gross negligence and incompetence.
Tell me friendo, what is your definition of real?