In the same category

Mind Games Keep Aging Bull Alive

IMG Auteur
 
 
Published : November 09th, 2018
344 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

24hGold - Mind Games Keep Agin...

The flow of institutional money into stocks is under such expert control these days that we shouldn’t doubt DaBoyz’ ability to manipulate the broad averages to new record highs regardless of economic headwinds. On days when the FAANGs are soft, which was the case on Thursday, the Dow is firm. Conversely, when the FAANGs are raging, the Indoos are often subdued. This suggests that even though there are still large sums of fresh cash available to throw at the stock market each day, including surplus corporate funds with no better purpose than endless share-buybacks, portfolio managers still find it necessary to ‘work’ the money hard, rotating it constantly in order to levitate stocks as efficiently and convincingly as possible.

Panicky Bears’ Star Turn

It helps that they are in never in a hurry to achieve new record highs, which is the best way to regularly tweak the public’s interest in stocks. In this task they can always count on the most powerful kind of buying there is: short-covering by panicky bears. The poor saps can be summoned at nearly any time for this chore, most particularly in the wee hours when volume is thin and the usefulness of “news” highest. The effortless overnight waft is usually completed by the opening bell with relatively little money or stock having changed hands. On nights when hoards of spooked sellers get in the way, the opposite strategy is used: pull the bids and let stocks fall until bears are spent; then, run 'em back up the old wazoo on near-zero volume. Rinse and repeat. Knowing how the game is played will not necessarily make us rich, but it can keep us from being steam-rollered when the bull market seems to flout logic in egregious ways. If you don’t subscribe but want a peak behind the headlines, click here for a free two-week trial to Rick’s Picks. It will give you instant access to all features and services, including a 24/7 chat room where great traders from around the world share ideas that can help you profit.


|
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comment this article
>Follow all commentairies
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
San Francisco Forces Large Corporations to Pay "Homeless Tax"
11 NovalphaGT
As usual, the government ruins everything it touches. For all the money they’ve taxed for the sake of the homeless, they could give them all payche...
Cyclical Commodities Continue to Weaken, Gold Moves in Relation
10 NovAriana33
Gold has always been a smart investment choice, but now even more so. Thank you for this article, very interesting. I usually tell people to just m...
Stephen Hawking In His Final Publication: ‘There is No God’
09 NovJames F.0
Anyone that claims their is no GOD has never had a near death event . Those that have and I am one will most assuredly testify that your wrong . Li...
Social Justice
07 NovP.-1
Right on JHK. No one wants to believe what you are forecasting, hence the few and poor ratings of this type of article. That doesn't mean you are...
Technology Detox: The Health Benefits of Unplugging Unwinding
08 NovS W.
The only digital device i use is my middle finger for an 'up yours' gesture.
Midterm Endgame
02 NovJ.1
The fascist socialist system that runs this county is a conglomeration of patriotic nationalism and a giant bureaucracy. It is a million headed mo...
Midterm Endgame
02 NovGypsy1
James, James, James . . . The sad, sad truth is : BOTH political parties deserve to pass on into the sunset. Neither represents "We, the People....
Feeling the Heat Yet?
27 OctS W.
Scouts motto..Be prepared..i'm going fishing.
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS