Another selloff as expected!
I agree with you about this central bank protection group. I also think we were short therm oversold, I actually did expect some kind of bounce. I still don’t see this panic selling. I think we will go much lower, too many investors expect this support from latest low to hold. Why do I think that? Look at the VIX, there is no panic selling for Dow to drop over 700 points.
Plunge Protection Team Steps In, Buys Stocks To Prevent Meltdown?
That’s definitely worth watching! No doubt this is as fake as it gets. My bet is we still go lower, but with this fake manipulative market you never know. Thank you for your consistency. I’m always excited to watch what you have to say.
How much worse would that drop have been without the plunge protection team, who knows, Dow could have been off another 1,000 points. Anyway great post, upvoted and resteemed
When will Jim Cramer come out again and tell the people to get out of the market if they can like he did in '08? I wonder...and I mean nothing malicious, but how many social security collecting, pension cut, Trump cheerleading (I voted for candidate Trump) baby boomers are going to get creamed in the near future. Think about it. Stock going down, dollar going down, bonds going down, no interest at the bank, metals welded to the bottom of the Dead Sea with a rigged market anchor. Where can you go? Where can you hide? Cryptos??? those are rigged too. I hope we can be like the Whos from Whoville and we can still gather around the tree happily.
Sounds to me like, the ESF (Exchange Stabilization Fund) and the unaccounted for $21T at work here. That much cabbage, can move stocks, bonds, and commodities, any which way they please! These people need to be exposed!
Spot on post. The US Treasury's ESF has at least $5T. The $5T is the Saudis's money being held by the Treasury, which they will never see. I'm so tired of the Treasury suppressing Gold & Silver prices using unlimited paper Derivatives contracts.
It is easy to say yes after the market started to rebound. Certainly better timing to do it than when Greg did last Friday. Ouch!!! The trick is when to sell the option.
Thanks again for explaining this crazy day. they burned me on the previous PPT action when I had a put on SPY, butI didn't go there this time.
upvoted and resteemed.
Agree .. This was insane.
The entire stock market has decline the whole day.. i.e crashing.. And suddenly 30 minutes before closing "someone" bought just about every stock there is out there in a pace that no one had time to react and moved the entire market 1.5 % higher.
As you said.. Who in their right mind would go in and buy all these stocks.. And i mean every single stock like if there was no to tomorrow?!
Its laughable!
Ps.i have like 15 ticker in my watch list.. And they all went up like a rocket at the very same time .. What more proof do one need to see its all rigged!!
Crypto silver and gold is the place to be
Thank You, Gregory, Upvoted, and Resteemed. How do I apply for a job on the Plunge Protection Team?
They must have access to an incredible amount of money to play like this, cheers mike
Your updates help us a lot to understand market current situation. Thanks lot for your effort.
Thx Greg, market update/analysis greatly appreciated and educational.
Another selloff as expected!
I agree with you about this central bank protection group. I also think we were short therm oversold, I actually did expect some kind of bounce. I still don’t see this panic selling. I think we will go much lower, too many investors expect this support from latest low to hold. Why do I think that? Look at the VIX, there is no panic selling for Dow to drop over 700 points.
That’s definitely worth watching! No doubt this is as fake as it gets. My bet is we still go lower, but with this fake manipulative market you never know. Thank you for your consistency. I’m always excited to watch what you have to say.
Great recovery of 300 point in the last 2 hours by Dow Jones Index. Thanks for sharing how to manage market. keep sharing @marketreport All the best
How much worse would that drop have been without the plunge protection team, who knows, Dow could have been off another 1,000 points. Anyway great post, upvoted and resteemed
Great post.i appreciate your blog.
Upvote resteemit done
Thanks for doing this.
Upvote and resteemit done
Thanks for doing this.
Thanks for sharing this post.
Upvote resteemit
Thanks for doing this.
When will Jim Cramer come out again and tell the people to get out of the market if they can like he did in '08? I wonder...and I mean nothing malicious, but how many social security collecting, pension cut, Trump cheerleading (I voted for candidate Trump) baby boomers are going to get creamed in the near future. Think about it. Stock going down, dollar going down, bonds going down, no interest at the bank, metals welded to the bottom of the Dead Sea with a rigged market anchor. Where can you go? Where can you hide? Cryptos??? those are rigged too. I hope we can be like the Whos from Whoville and we can still gather around the tree happily.
Thanks for sharing this blog.
Upvote resteemit done
Thanks for doing this.
Sounds to me like, the ESF (Exchange Stabilization Fund) and the unaccounted for $21T at work here. That much cabbage, can move stocks, bonds, and commodities, any which way they please! These people need to be exposed!
Spot on post. The US Treasury's ESF has at least $5T. The $5T is the Saudis's money being held by the Treasury, which they will never see. I'm so tired of the Treasury suppressing Gold & Silver prices using unlimited paper Derivatives contracts.
Yes, and that paper is worth as much as the paper itself. Buy tangible assets, and keep them close to you.
Come on in the water is fine.....said the shark.
Upvote and bresteemit
Thanks for doing this.
Hey Greg,
Tomorrow it gets worse.. Upvoted and resteemed
https://steemit.com/money/@erinscottsolar/global-stock-market-crash-just-hours-away
https://steemit.com/money/@erinscottsolar/alert-possible-major-inflection-point-silver-to-break-out-in-24-48-hours
Thank you
F' ing fake day... yup
Exciting times for sure
resteeming the crap out of this..... :-0
Thanks for the update and analysis. The behavior of the Fed is amazing!
What a gong show
So, is Dow down 760 a good time to buy a call option on S&P?
I think that is a real tough call because you don't know when the PPT is going to jump in. It's HIGH RISK.
It is easy to say yes after the market started to rebound. Certainly better timing to do it than when Greg did last Friday. Ouch!!! The trick is when to sell the option.
Markets going Japanese, government owned etfs making up 93% of the market. Nothin wrong with that, what could possibly go wrong....... 💥
Who funds the Plunge Protection team? Is it a government entity or a private Central Bank operation?
Thanks again for explaining this crazy day. they burned me on the previous PPT action when I had a put on SPY, butI didn't go there this time.
upvoted and resteemed.
Greg, Great market insight. Upvoted and resteemed..
Tomorrow may be the game changer.
Agree .. This was insane.
The entire stock market has decline the whole day.. i.e crashing.. And suddenly 30 minutes before closing "someone" bought just about every stock there is out there in a pace that no one had time to react and moved the entire market 1.5 % higher.
As you said.. Who in their right mind would go in and buy all these stocks.. And i mean every single stock like if there was no to tomorrow?!
Its laughable!
Ps.i have like 15 ticker in my watch list.. And they all went up like a rocket at the very same time .. What more proof do one need to see its all rigged!!