Economy
Related: About this forumAnother grotesque stock market manipulation today
At 3:30pm EST, right before market close, all the major indices crashed hard on news from Iran.
Immediately after market close at 4pm, when markets are closed to retail traders, the massive dip was bought back by after market buyers. All of it, within about 3 mins. I'm wondering if Iran may now be involved in the manipulation.
Billions were made again in minutes. High stakes poker is being played with every retirement fund, commercial investment accounts, bonds, etc.
I've never seen anything like it.
belpejic
(812 posts)It's truly a free-for-all. The greediest, most grotesque people in the world are grabbing everything that isn't nailed down. And most of that everything is ours, whether it is our savings funds, investment funds, pension funds, government services, or tax dollars. It is beyond disgusting and I hope that one day these folks have to answer for their abundant and brazen crimes.
2naSalit
(103,425 posts)Wondering about that a couple days ago. Sure seems like a lot of coincidences that need a lot of planning.
jmbar2
(8,057 posts)Both domestic and global. I wish that Warsh had been questioned about this today.
cliffside
(1,740 posts)4:09 pm 1 minute ES candle.
https://www.tradingview.com/x/STaSXT2h/
jmbar2
(8,057 posts)cliffside
(1,740 posts)jmbar2
(8,057 posts)I turned to small scale trading to make up for the failing labor market, rising housing prices, and inadequate retirement. Now they have decided to suck all the crumbs from the stock market as well.
I live on the west coast and have been getting up 3-4am trying to find a time when he's asleep. How can one human being think of so many ways to rob people with impunity. It is beyond my imagination.
cliffside
(1,740 posts)is mind boggling
Trading is not easy and I really do not actively trade, just use charts to look for an entry point when needed. I do find the stock market interesting along with the connection to politics.
He never sleeps