The Stock Market doesnt care about your feelings or identity politics

The flush liquidity and new-QE from CB has been pushing the market to ATH. Growth in profitability and earnings aren’t commensurate to the current multiples. Praising Trump for the SM is going to back fire if we have a correction soon. And we very well might. The corona virus might be the black swan event that does it. You can’t outprint a pandemic.

Surprised none of the politicians are complaining about the Feds BS. CBs have been punishing savers for a decade now with easy money and monetary policy has grown useless with how low interest rates are.

It’s going to be a blood bath out there, especially in the PE and VC space. They’re mark-to-model and are running very Ponzi-like. Many MM and LM funds are gonna collapse when they mature.

I wonder what the repercussions will be in terms of regulation.

If I was Trump, I wouldn’t want to get re-elected with some of the systemic issues facing America. I’d nope the **** out.

Originally posted by Rage.Of.Olympus
The flush liquidity and new-QE from CB has been pushing the market to ATH.

Huh?

This reads like nonsense, to me. No one talks like this that does trading. Even in context, this largely makes no sense.

QE = Quantitative Easing? Quarterly Earnings?

CB = Callable Bonds? Closing Balance?

ATH = An error and you meant After Hours Trading (this has been a thing as After Hours Trading has resulted in upticks for many after close) or did you mean All Time High?

Originally posted by Rage.Of.Olympus
Growth in profitability and earnings aren’t commensurate to the current multiples.

What you really meant to say was stock performance, driven by QEs and their profits, has not matched actual value.

Right?

Which is really a statement about the stock market because that is how it has always been...for over 130 years. That's what it is.

Originally posted by dadudemon
Huh?

This reads like nonsense, to me. No one talks like this that does trading. Even in context, this largely makes no sense.

QE = Quantitative Easing? Quarterly Earnings?

CB = Callable Bonds? Closing Balance?

ATH = An error and you meant After Hours Trading (this has been a thing as After Hours Trading has resulted in upticks for many after close) or did you mean All Time High?

You've clearly never seen the chat of a Trader on a terminal. Traders don't even speak English at this point. I work on the advisory side of Banking.

QE = Quantitative Easing. CB = Central Banks.

Originally posted by dadudemon
What you really meant to say was stock performance, driven by QEs and their profits, has not matched actual value.

Right?

Which is really a statement about the stock market because that is how it has always been...for over 130 years. That's what it is.

Multiples refers to price. Most commonly, P/E multiple. Stock prices are being pushed up continuously higher, but not because of good news that shows an improvement in the value of the business.

That's not true at all....Over a long enough-time frame (Whether you choose 1926 or 1962), we can see that atm, prices are arguably inflated. We're on the tail-end of a 10-year bull run so the need of a correction is expected but we've never had this much liquidity being injected by central bankers or interest rates this low for such a sustained period in an expanding economy.

Originally posted by Rage.Of.Olympus
You've clearly never seen the chat of a Trader on a terminal.

Yup, sure do. They don't talk like this. This is why your post was confusing. "The Fed" or "FR" is one example. There are lots of Central Banks especially if you're talking about international options and markets (which is likely).

Originally posted by Rage.Of.Olympus
QE = Quantitative Easing. CB = Central Banks.

If that is what you meant, then your post should have been written like this:

"Due to liquidity* and new-QE** from the CB, we are seeing ATHs." Even then, I would disagree with this statement. It's clearly an oversimplification. You agree, right?

Also, I've never read the Federal Reserve as "CB" in any chat or website. It's referred to "The Fed" specifically to differentiate it from other CBs. BoE (Bank of England, BoJ (Bank of Japan), etc.

*Which markets? The FR purchasing a shitload of securities does not translate to all markets benefiting.
**These are short term securities, as well.

Originally posted by Rage.Of.Olympus
Multiples refers to price. Most commonly, P/E multiple. Stock prices are being pushed up continuously higher, but not because of good news that shows an improvement in the value of the business.

"Multiples" is not the issue. It was the portion I quoted that is the issue (It had odd initialisms and weird ways of wording stuff).

Multiples is usually a reference to earnings per share vs. stock price. It's a ratio. And I've never seen any ratio used but the P/E ratio...but they exist.

Originally posted by Rage.Of.Olympus
That's not true at all....

Oh boy...

Inflated stock prices has been a thing forever. It's always a problem. I don't understand why you would disagree with this.

To put it in different words: overvalued stocks. Which you just agreed with but started off by saying you disagreed with it.

Originally posted by Rage.Of.Olympus
Over a long enough-time frame (Whether you choose 1926 or 1962), we can see that atm, prices are arguably inflated.

atm = ass to mouth, by the way.

👆

Also, you just agreed with me. I don't understand why you disagreed, earlier.

Originally posted by Rage.Of.Olympus
We're on the tail-end of a 10-year bull run so the need of a correction is expected but we've never had this much liquidity being injected by central bankers or interest rates this low for such a sustained period in an expanding economy.

So what's the real reason, detailed reason, for the record highs and the crash from Monday to today?

Market took another hit today, copy/pasted from MarketWatch at 11:00am pst:

Index Last Chng %Chng

Dow Jones Industrial Average 26,301.79 -655.80 -2.43%
NASDAQ Composite Index 8,749.85 -230.93 -2.57%
S&P 500 Index 3,043.20 -73.19 -2.35%
Global Dow Realtime USD 2,991.72 -77.08 -2.51%
Dow Jones Utility Average... 889.72 -17.25 -1.90%
NYSE Composite Index 12,821.57 -225.05 -1.73%
NYSE American Composite Index 2,227.63 -26.21 -1.16%
Russell 2000 Index 1,534.24 -18.52 -1.19%
PHLX Semiconductor Index 1,704.77 -45.17 -2.58%
Gold Continuous Contract 1,645.20 +2.10 +0.13%
CBOE 30 Year Treasury Bond... 17.75 -0.21 -1.17%
CBOE 10 Year Treasury Note... 12.89 -0.21 -1.60%

It's worse at close:

DJIA: -1,191
NDQ: -414.29
S&P 500: -137.83
N225: -477.96
HSI: +82.13

However, my company's stock price is increasing after hours everyday since Monday. After Hours trading is actually preventing absolutely terrible outcomes from happening.

Originally posted by dadudemon
It's worse at close:

DJIA: -1,191
NDQ: -414.29
S&P 500: -137.83
N225: -477.96
HSI: +82.13

However, my company's stock price is increasing after hours everyday since Monday. After Hours trading is actually preventing absolutely terrible outcomes from happening.

Didn’t realize butt plugs would be increasing in stock value

Shit, they almost doubled the loss.

Originally posted by Stringer
Didn’t realize butt plugs would be increasing in stock value

Urethral Plugs*

You're 2000 and late. Buttplugs were so yesterday.

Have you ever read crooked little vein by Garth Ennis (novel not comic) a jesus butt plug is integral to the plot.

Originally posted by Putinbot1
...a jesus butt plug is integral to the plot.

Mike's Pence's ears are ringing

Originally posted by Robtard
Mike's Pence's ears are ringing

That's my phone you hear ringing.

It's Mike Pence. He's wanting to know about the urethral plugs.

By right back, gotta "fill"* these orders.

*lol, weiners

"The Dow Jones industrials cratered as much as 2,000 points early Monday, as the coronavirus outbreak continued to spread across the world. The number of confirmed coronavirus cases topped 110,000." -IBD

And of course this is all the big bad orange man's fault isn't it, robbie? 🙄

Trump's incompetence at being consistent with what his own people are saying, let alone the experts regarding the coronavirus is lowering people's confidence and spreading fears and it's being reflected in the stock market.

The best thing Trump could do right now concerning the coronavirus is to stop making foolish comments and let the "experts" (eg Pence) he put in place do the talking for him. But we all know Trump can't so that, in fact, he just doubles down on his own lies and nonsense.

Originally posted by Robtard
"The Dow Jones industrials cratered as much as 2,000 points early Monday, as the coronavirus outbreak continued to spread across the world. The number of confirmed coronavirus cases topped 110,000." -IBD

Still down 1600 points at the moment.

This is crazy.

And it is fueled by the OPEC stuff, too.

This has got to be the largest 2 week drop in stock values in history by percentage, right? I look at the '29 crash and I think this one is bigger.

At Close:

Dow 23,851.02 -2,013.76 -7.79%

S&P 500 2,746.56 -225.81 -7.60%

Nasdaq 7,950.68 -624.94 -7.29%

but what about my feelings and identity politics?

This one aged well:

Originally posted by Sable
"The market will plunge into an abyss if Trump is elected."

But since TI was strawmanning with that quote, maybe he is a seer of sorts...

Over 3 years after he was elected lol.

Leftists: "See, we were right all along!!" 😂

Yup, just like y'all were so very right about Trump losing to Hillary... oh wait. 😂