Biggest Short-Squeeze In Over 7 Years Sparks 1000 Point Surge In The Dow
There really is only one clip for this...
This is the first 3 consecutive 1% gains for S&P since Oct 2011 - most notably S&P remains well below its 50dma...
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Dow 30
Biggest Short Squeeze Since Black Monday Sends Dow Up 900 Points Since Thursday
The last 3 days have been a face-ripper as US equities have soared most since August amid (oil) rumors, (banking system) hope, and (bad news is good news) dismal data. The Dow is up 900 points from Thursday's lows...
but Trannies 8% surge off the lows is the most stunning...
This is all happening as "Most Shorted" stocks spike 11% off Thursday lows - the biggest squeeze since Black Monday.
And we know what happened after that dip was bought.
What Markets Are Telling Us
Submitted by Ron Paul via The Ron Paul Institute for Peace & Prosperity,Last week US stock markets tumbled yet again, leaving the Dow Jones index down almost 1500 points for the year. In fact, most major world markets are in negative territory this year. There are many Wall Street cheerleaders who are trying to say that this is just a technical correction, that the bottom is near, and that everything will be getting better soon.They are ignoring the real message the markets are trying to send: you cannot print your way to prosperity.
Too Many... Convenient Beliefs
Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com's Pater Tenebrarum),
“Massive Deterioration” – Worse Than 2008
The Dow is down by almost 9% since the start of the year.
“These developments, if they prove persistent, could weigh on the outlook for economic activity…” proffered a nervous-looking Janet Yellen in her testimony on Capitol Hill. She was signaling to investors.
Smoke signals…
Ron Paul: Falling Markets Are Telling Us That You Can’t Print Your Way to Prosperity
Ron Paul
Last week US stock markets tumbled yet again, leaving the Dow Jones index down almost 1500 points for the year. In fact, most major world markets are in negative territory this year. There are many Wall Street cheerleaders who are trying to say that this is just a technical correction, that the bottom is near, and that everything will be getting better soon. They are ignoring the real message the markets are trying to send: you cannot print your way to prosperity.