The investment..speculation, out right gambling thread

Parent Cafe
10441

I’m going to be a guru and make a prediction for tomorrow’s market - flat or up - it won’t be a down day. :)>-

10442

I’m going to wait to see what happens in China tonite.
Right now the HSI is down a little…

10443

The news said Canada is on the brink of a recession. I certainly would like to see $1.5 per gallon again.
http://www.cnbc.com/2015/08/05/n-the-brink-of-a-very-unusual-recession.html

I also can’t wait for the fed to raise rate. Just get it over with.

10444

yeah, well their heavy reliance on the “coal sands economy” was bound to come back and bite them in the but sooner than later…

10445

another very interesting Bloomberg article re China posted after 8:00 PDT.
Sheds a lot of light on what has happened in the last 8 months.

"In early April, China’s state news agency Xinhua published four articles linking a strong stock market to a strong economy. The overseas edition of the People’s Daily followed up, pushing the bull market as key for growth.
By mid-June, Chinese stocks had gained 150 percent from a year earlier, putting a gloss on an economy that was showing few signs of traction even after the People’s Bank of China had lowered interest rates and cut the reserve ratio requirements for banks.

Along the way, margin debt surged to a record $358 billion as the number of investors passed 90 million – more than the Communist Party’s total membership – with individuals opening more than 1 million accounts a week at the peak of the rally. Concerned by the ballooning leverage, the regulator sought to curb margin finance.

Then it all came crashing down. After peaking in mid-June, the rout has wiped more than $5 trillion off the value of shares on the Shanghai and Shenzhen exchanges"…

http://www.bloomberg.com/news/articles/2015-08-26/china-s-journey-from-new-normal-to-stock-market-crisis-epicenter

10446

http://www.marketwatch.com/story/heres-what-may-have-caused-the-flash-crash-in-some-big-etfs-2015-08-25?mod=mw_share_twitter

10447

I saw that.

10448

Ok, it now looks like folks did not want to keep short positions overnight. :wink:

10449

My prediction yesterday for the market to be flat or up today was correct! I guess I’m a guru and should probably go on cnbc. O:-)

10450

I hope it goes down tomorrow. My secretary put in a buy order after the market is closed. She just finally figured out how to buy mutual fund with my help.

10451

I saw this and thought it was interesting.

http://www.bizjournals.com/sanjose/blog/techflash/2015/08/twitter-isnt-only-bay-area-tech-ipo-under-water.html

10452

Donald Trump!

http://www.bloomberg.com/politics/articles/2015-08-26/trump-puts-a-serious-wall-street-issue-on-the-table-hedge-fund-carried-interest?cmpid=yhoo

10453

Hostory repeats?

http://finance.yahoo.com/news/government-rolling-over-big-banks-100000774.html

10454

So…was the stock market down today because of hft? :slight_smile:

http://www.forbes.com/sites/nathanvardi/2015/08/31/billionaire-hedge-fund-manager-david-einhorns-summer-swoon/

10455

I have only one comment about this market :((

10456

This may provide a partial explanation.

http://finance.yahoo.com/news/welcome-quantitative-tightening-12-trillion-074439760.html

10457

http://www.cnbc.com/2015/09/03/risk-parity-shares-blame-for-market-ructions-says-omega.html?trknav=homestack:topnews:2

10458

Sounds like excuses for poor performance to me.

10459

It’s blasphemy to put Cooperman and poor performance in the same breath!

10460

Lol