Thanks for the explanations. As for the question about "losing steam", keep in mind that all fads have a point of tapering off for a while. That is how fads work. A lot like a stampede of wild cattle, and just as intellectually motivated. That large crowd who have entered the game are still, I hope, learning what it is all about and how it works. Probably the single biggest discovery is that to sell, one must have buyers who are willing and able to pay the asked price.. That is the most brutal obstruction to the get-rich-quick agenda. It will be quite interesting to see what happens as "groupthink" and mob hysteria driven by instant communications come to play even more than they have dine recently.
Certainly an interesting bit of information here. Given that the main purpose of formal minutes is usually to have a means of placing blame for prosecution, a whole lot is normally missing. and the arguing points to a difference among the agendas of the group members. It also points more clearly that the intended goal is not to benefit most of the population.
The lack of eager buyers is often the problem, and a major barrier to the buy low/sell high plan for getting rich quick. Worse yet, there is no easy cheap solution. The exception is to buy a huge number of shares and be famous. Then when many folks figure that you must be on to something big, and bid up the price, quickly and quietly sell that huge number of shares. This is known as a pump and dump, not sure how legal it is. But if you have enough money to buy a million shares of whatever, probably the laws do not apply to you, so it is OK.
Inflation at 2%???? Food prices are up almost 10%, and gas prices close behind. Of course income has not noticed any inflation at all. So that non-inflation must include those items that I don't buy frequently.
Stock prices dance up and down based on emotions and other unknown variables, and what the bears or the bulls ate for breakfast.
The suppressive moves by China probably contributed towards the downward movement in Asia,and that may have been the intention. Unlike our federal reserve banks, in China moves are carefully calculated and results considered. So it is not likely that any of the moves were of a random kind. Just because we do not yet see the plan does not mean that it is not moving along.
But the whole thing is not done yet, so we need to hang on tight for a while yet.
The primary purpose of CEOs is to make announcements that enhance share prices, keeping the shareholders happy. Secondly, they are to provide good direction to the organization to assure constantly rising profits. Share buybacks are seen to make share holders happy, regardless of what it might cause in the future.
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'Reflation Vs Deflation' Dominates Market Sentiment
I am reminded of that old Bob Dylan ballad, " The Times, They Are A Changing", and that line, "You Better Swim Now Or You'll Sink Like A Stone."
Quite a dire warning with unclear advice.
Are Meme Stocks Losing Steam?
Thanks for the explanations. As for the question about "losing steam", keep in mind that all fads have a point of tapering off for a while. That is how fads work. A lot like a stampede of wild cattle, and just as intellectually motivated. That large crowd who have entered the game are still, I hope, learning what it is all about and how it works. Probably the single biggest discovery is that to sell, one must have buyers who are willing and able to pay the asked price.. That is the most brutal obstruction to the get-rich-quick agenda. It will be quite interesting to see what happens as "groupthink" and mob hysteria driven by instant communications come to play even more than they have dine recently.
ECB Minutes: The Return Of The Rift
Certainly an interesting bit of information here. Given that the main purpose of formal minutes is usually to have a means of placing blame for prosecution, a whole lot is normally missing. and the arguing points to a difference among the agendas of the group members. It also points more clearly that the intended goal is not to benefit most of the population.
I see a problem with that!
Ethereum With Selling Pressure; Lurking For Buyers
The lack of eager buyers is often the problem, and a major barrier to the buy low/sell high plan for getting rich quick. Worse yet, there is no easy cheap solution. The exception is to buy a huge number of shares and be famous. Then when many folks figure that you must be on to something big, and bid up the price, quickly and quietly sell that huge number of shares. This is known as a pump and dump, not sure how legal it is. But if you have enough money to buy a million shares of whatever, probably the laws do not apply to you, so it is OK.
Market Briefing For Thursday, July 8
What the vaccination data tel us is that certainly it is true: You Can't Fix Stupid. It appears that lazy is also on the hard to repair list.
Markets Are Now Watering Down The Impacts Of Vaccines And Fiscal Stimulus
Inflation at 2%???? Food prices are up almost 10%, and gas prices close behind. Of course income has not noticed any inflation at all. So that non-inflation must include those items that I don't buy frequently.
Stock prices dance up and down based on emotions and other unknown variables, and what the bears or the bulls ate for breakfast.
Market Briefing For Wednesday, July 7
The suppressive moves by China probably contributed towards the downward movement in Asia,and that may have been the intention. Unlike our federal reserve banks, in China moves are carefully calculated and results considered. So it is not likely that any of the moves were of a random kind. Just because we do not yet see the plan does not mean that it is not moving along.
But the whole thing is not done yet, so we need to hang on tight for a while yet.
Risk-Off Sentiment Continues To Percolate
When the oil prices rise then ALL of those who use energy suffer. So the oil shareholders amd companies get no sympathy at all from my direction.
Elrond And Chainlink Elliott Wave Analysis
WHAT are we talking about? It seems only about the analysis system.
Uh-Oh! Buybacks Are Skyrocketing
The primary purpose of CEOs is to make announcements that enhance share prices, keeping the shareholders happy. Secondly, they are to provide good direction to the organization to assure constantly rising profits. Share buybacks are seen to make share holders happy, regardless of what it might cause in the future.