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Stock Market No Longer Responds Correctly
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:deanzna 10719670:MV8xODIwNDMwXzMwMzA4NDc5XzVDMDgyMzQ0] [quote:Brisketball:MV8xODIwNDMwXzMwMzA4NDU4XzE5Mzk3MTUw] Stock market goes up due to all the people buying put options (stocks that go up with failure) and with a quickly spiraling down economy, more people are buying put options to profit than regular stocks to help the economy. It's like stealing jewelry from a sinking ship, not realizing you're just going to go down with it. [/quote] GET OUT while you can!! They are getting ready to ditch the dollar! [/quote]
Original Message
Has anyone else noticed that the stock market no longer responds to any type of news correctly? Greece defaults and the market goes up. BMW issues a huge 1.3 million vehicle recall and the BMW company stock goes up. The fed has destroyed the stock market by buying up bonds. Banks hold bonds and sell them which gives them more liquidity. Trillions upon trillions of dollars have been infused. Now the stock market can not correct. All that is left is for the market to collapse. Then not even the Bernake's trillions will be able to save it.
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