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First World Markets Shenanigans
slick
#201 Posted : Sunday, May 17, 2020 7:55:17 PM
Rank: Member


Joined: 6/1/2017
Posts: 288
Ericsson wrote:
slick wrote:
Gold and Silver as the investment strategy of this decade as developed world central bank multi-trillion money printing madness degenerates into ludicrous proportions.Billionaire investors,hedge funds,wall street banks and other asset management entities pile into the ultimate safe heaven from inevitable mass inflation that the money creation insanity will create.












The largest investment bank in the US ie Goldman Sachs also recommends the buying of gold





Tell opus Dei to start stocking up on gold



In fact since last year central banks have been on the largest gold buying spree since 1971 when the US broke off from the Bretton Woods world gold standard in 1971.Before 1971,the world was on a gold standard where the US dollar was backed by gold at 35 USD per ounce and all the other world currencies were tied to the USD at fixed exchange rates thus all world currencies were backed by gold.This meant central banks at the time couldnt print money indiscriminately like they are doing now as gold backing constrained reckless money printing.In the late 1960s especially,the US started cheating and printed far more currency (for the Vietman War,social welfare known as the Great Society in the "guns and butter" policy) than could be backed by gold in their reserves at 35 USD/oz.Many countries led by France started exchanging their USD reserves for gold and US gold reserves fell from 20,000 tonnes to 9,000 tonnes and to prevent a complete run on US gold the Nixon Administration delinked the USD from gold in August 1971 and the era of fiat money printing to absurd proportions began.



Now that the money printing spree is getting out of control,central banks are once again hedging themselves with gold.The Eastern nations especially Russia and China having been buying vast amounts of gold to hedge against the USD.Others like Germany and Poland have been repatriating their gold stored in London and US vaults preferring to store their gold for themselves as opposed to offshore storage where it can be confiscated.






As Ray Dalio,billionaire of the world's largest hedge fund,Bridgewater Associates once said "Cash is Trash".Whats the intrinsic value of the USD if the Fed can just print trillions of dollars by just typing new numbers on computers and crediting banks accounts and more recently even corporate and hedge funds accounts.Fundamentally the USD and other fiat currencies are trash though psychologically the USD is King relative to other fiat currencies that are also being printed up and hence the US dollar rise relative to other currencies in the current deflationary crisis though USD purchasing power has reduced 97% since 1913 when the Fed was created.

So Yes,Opus Dei should become smart and load up on gold.If the money printing bonanza continues,the destruction of these currencies is inevitable and a natural reversion to gold/silver as sound money is possible.The cycle from fiat currencies that collapse back to a gold/silver standard has repeated itself numerous times in history and this time wont be different.

Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#202 Posted : Sunday, May 17, 2020 8:26:37 PM
Rank: Member


Joined: 6/1/2017
Posts: 288
slick wrote:
Ericsson wrote:
slick wrote:
Gold and Silver as the investment strategy of this decade as developed world central bank multi-trillion money printing madness degenerates into ludicrous proportions.Billionaire investors,hedge funds,wall street banks and other asset management entities pile into the ultimate safe heaven from inevitable mass inflation that the money creation insanity will create.












The largest investment bank in the US ie Goldman Sachs also recommends the buying of gold





Tell opus Dei to start stocking up on gold



In fact since last year central banks have been on the largest gold buying spree since 1971 when the US broke off from the Bretton Woods world gold standard in 1971.Before 1971,the world was on a gold standard where the US dollar was backed by gold at 35 USD per ounce and all the other world currencies were tied to the USD at fixed exchange rates thus all world currencies were backed by gold.This meant central banks at the time couldnt print money indiscriminately like they are doing now as gold backing constrained reckless money printing.In the late 1960s especially,the US started cheating and printed far more currency (for the Vietman War,social welfare known as the Great Society in the "guns and butter" policy) than could be backed by gold in their reserves at 35 USD/oz.Many countries led by France started exchanging their USD reserves for gold and US gold reserves fell from 20,000 tonnes to 9,000 tonnes and to prevent a complete run on US gold the Nixon Administration delinked the USD from gold in August 1971 and the era of fiat money printing to absurd proportions began.



Now that the money printing spree is getting out of control,central banks are once again hedging themselves with gold.The Eastern nations especially Russia and China having been buying vast amounts of gold to hedge against the USD.Others like Germany and Poland have been repatriating their gold stored in London and US vaults preferring to store their gold for themselves as opposed to offshore storage where it can be confiscated.






As Ray Dalio,billionaire of the world's largest hedge fund,Bridgewater Associates once said "Cash is Trash".Whats the intrinsic value of the USD if the Fed can just print trillions of dollars by just typing new numbers on computers and crediting banks accounts and more recently even corporate and hedge funds accounts.Fundamentally the USD and other fiat currencies are trash though psychologically the USD is King relative to other fiat currencies that are also being printed up and hence the US dollar rise relative to other currencies in the current deflationary crisis though USD purchasing power has reduced 97% since 1913 when the Fed was created.

So Yes,Opus Dei should become smart and load up on gold.If the money printing bonanza continues,the destruction of these currencies is inevitable and a natural reversion to gold/silver as sound money is possible.The cycle from fiat currencies that collapse back to a gold/silver standard has repeated itself numerous times in history and this time wont be different.



For the developed nations to just print trillions to bail themselves out,though offers short term relief,could be more disastrous long term than the current Covid-19 threat.We in the third world cannot just have our central banks print money to bail ourselves out without destroying our currencies almost immediately.So we go an borrow money from developed nations and pay them back at interest,money that first world nations just print up freely from nothing and lend to us at interest??Is that fair




Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#203 Posted : Saturday, May 23, 2020 8:57:43 AM
Rank: Member


Joined: 6/1/2017
Posts: 288
Naive young retail investors piling into US stocks buying the dips.The usual cycle of Wall Street is playing out again.The Wall Street banksters sucker in retail investors into a false rally fattening the sheep for the slaughterhouse when stocks inevitably tank

As the adage states,bulls make money,bears make money and pigs (retail investors) get slaughtered

Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#204 Posted : Saturday, May 23, 2020 9:05:16 AM
Rank: Member


Joined: 6/1/2017
Posts: 288
A good video where a former Fed employee Danielle DiMartino Booth discusses Fed money printing madness to manipulate markets,bubbles popping and the long term disaster of all the fiat money creation



https://www.youtube.com/watch?v=JtSeXeFRyVI

Another video where a PhD economist is discussing the Fed out of control with money printing lunacy



https://www.youtube.com/watch?v=xELCifSqrBo




Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#205 Posted : Sunday, May 24, 2020 9:18:59 PM
Rank: Member


Joined: 6/1/2017
Posts: 288
Central banks are creating ‘fake markets,’ Bank of America strategists say

I have kept saying Wall Street is a joke of markets being highly manipulated and pumped up by trillions of Fed money printing and there is no reality of asset prices and no free markets in the the US and the rest of the developed world;just central banks money printing mischief lunacy.

Well one of the 6 mega Wall Street banks ie Bank of America Merrill Lynch agrees with me.

Though Wall Street has always been fake,there are lots of opportunities to short term trade these large move volatile swings and make lots of $$$$Laughing out loudly Laughing out loudly in the madness





Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#206 Posted : Friday, May 29, 2020 9:25:03 AM
Rank: Member


Joined: 6/1/2017
Posts: 288
BILLIONAIRES LOSING BILLIONS IN THE MARKET

Wall Street titan billionaire Carl Icahn lost nearly 2 billion USD in one investment position Hertz a car rental agency that filed for bankruptcy.The bankruptcy crisis that I have kept talking about and thats about to swamp the US (and the globe) will be the real crisis for the next few months possibly years.



WOOI!!Yani one can lose 2 billion USD in one trade??Laughing out loudly Laughing out loudly Laughing out loudly Anyway the guy still has a net worth of over 14.3 billion USD.Just shows the market can even humble the titans
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
rwitre
#207 Posted : Friday, May 29, 2020 11:33:41 AM
Rank: Member


Joined: 3/8/2018
Posts: 433
Location: Nairobi
slick wrote:
BILLIONAIRES LOSING BILLIONS IN THE MARKET

Wall Street titan billionaire Carl Icahn lost nearly 2 billion USD in one investment position Hertz a car rental agency that filed for bankruptcy.The bankruptcy crisis that I have kept talking about and thats about to swamp the US (and the globe) will be the real crisis for the next few months possibly years.



WOOI!!Yani one can lose 2 billion USD in one trade??Laughing out loudly Laughing out loudly Laughing out loudly Anyway the guy still has a net worth of over 14.3 billion USD.Just shows the market can even humble the titans


So he just lost around 13% of his portfolio.

He'll live.

2020 is seeing investors getting wiped out over 70% and still clinging onto hopes of rebounds.
slick
#208 Posted : Saturday, May 30, 2020 7:00:34 PM
Rank: Member


Joined: 6/1/2017
Posts: 288
rwitre wrote:
slick wrote:
BILLIONAIRES LOSING BILLIONS IN THE MARKET

Wall Street titan billionaire Carl Icahn lost nearly 2 billion USD in one investment position Hertz a car rental agency that filed for bankruptcy.The bankruptcy crisis that I have kept talking about and thats about to swamp the US (and the globe) will be the real crisis for the next few months possibly years.



WOOI!!Yani one can lose 2 billion USD in one trade??Laughing out loudly Laughing out loudly Laughing out loudly Anyway the guy still has a net worth of over 14.3 billion USD.Just shows the market can even humble the titans


So he just lost around 13% of his portfolio.

He'll live.

2020 is seeing investors getting wiped out over 70% and still clinging onto hopes of rebounds.


I have been following Carl Icahn for many years and he will recover fully from this loss in no time and rake in even more billions.These guys know the Wall Street game and sometimes they lose big and make up for it multiple fold unlike retail investors who go all in and get wiped out.
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
amorphous
#209 Posted : Sunday, May 31, 2020 12:54:27 AM
Rank: Member


Joined: 5/15/2019
Posts: 267
Location: planet earth
slick wrote:
rwitre wrote:
slick wrote:
BILLIONAIRES LOSING BILLIONS IN THE MARKET

Wall Street titan billionaire Carl Icahn lost nearly 2 billion USD in one investment position Hertz a car rental agency that filed for bankruptcy.The bankruptcy crisis that I have kept talking about and thats about to swamp the US (and the globe) will be the real crisis for the next few months possibly years.



WOOI!!Yani one can lose 2 billion USD in one trade??Laughing out loudly Laughing out loudly Laughing out loudly Anyway the guy still has a net worth of over 14.3 billion USD.Just shows the market can even humble the titans


So he just lost around 13% of his portfolio.

He'll live.

2020 is seeing investors getting wiped out over 70% and still clinging onto hopes of rebounds.


I have been following Carl Icahn for many years and he will recover fully from this loss in no time and rake in even more billions.These guys know the Wall Street game and sometimes they lose big and make up for it multiple fold unlike retail investors who go all in and get wiped out.


I remember reading King Icahn in the early 2000's. I got it by accident either at a flea market or library that was discarding books that nobody was borrowing any more. Grand price? A whopping $1. I read it through and through several times until the pages became dog-eared. You could say I was obsessed with it in many ways. Icahn was the man who opened my eyes to the practical world of high finance and activist investing. Unfortunately that world Icahn lived in that had some semblance of rules is no more. My sources inform me that we are heading to a new normal and life will NEVER EVER EVERRR be the same again. The elites had been planning this since time immemorial. Read this very carefully and see what is coming. Unlimited QE> Corona > Well planned race riots USA > Forced implosion of world markets > collapse in currencies > economic chaos, crime and suffering > cries for relief by the world populace > new world currency as the solution > AI rammed in through 5G > no more freedom for anybody > New scientific-socialist AI heavy global order. Hang tight and enjoy the ride, my frens!

NIMESEMA!
Amorphously amorphous
slick
#210 Posted : Sunday, May 31, 2020 10:20:17 PM
Rank: Member


Joined: 6/1/2017
Posts: 288
slick wrote:
Central banks are creating ‘fake markets,’ Bank of America strategists say

I have kept saying Wall Street is a joke of markets being highly manipulated and pumped up by trillions of Fed money printing and there is no reality of asset prices and no free markets in the the US and the rest of the developed world;just central banks money printing mischief lunacy.

Well one of the 6 mega Wall Street banks ie Bank of America Merrill Lynch agrees with me.

Though Wall Street has always been fake,there are lots of opportunities to short term trade these large move volatile swings and make lots of $$$$Laughing out loudly Laughing out loudly in the madness







One of the 6 mega Wall Street banks ie Bank of America calling markets fake and divorced from reality as Fed money printing pump job keeps the ponzi going.Now another of the big 6 Wall Street banks ie Citigroup also echoes same sentiments





A new Fed money pump bubble is being created despite record level horrendous economic figures.Just shows fundamentals dont count much and central bank money printing is by far the single biggest factor in US markets.

Interesting that the NSE 20 Share Index is below 2008 GFC levels yet S&P 500 has appreciated by 5 times the GFC lows.Why is this?Simple,Fed is printing money to push stocks up while Opus Dei isnt.New all time highs in US stocks is very feasible before the bankruptcy/solvency crisis armageddon reality sinks in.

Though rising US stocks is a joke,one can trade this madness and make crazy amounts of $$$ going long.Ride the Fed money printing wave and make money from all the fakery.
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
VituVingiSana
#211 Posted : Monday, June 01, 2020 1:48:56 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,098
Location: Nairobi
NewMoney wrote:
Shares of Tesla dropped as much as 12% Friday after CEO Elon Musk tweeted that the company's shares are priced "too high."

the guy is going nuts today, also said he's selling 'almost all' of his physical belongings
And isn't it back to (almost) where it was?
And he managed to successfully launch a shuttle into space.

Give the man another blunt!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#212 Posted : Monday, June 01, 2020 1:54:42 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,098
Location: Nairobi
slick wrote:
slick wrote:
Central banks are creating ‘fake markets,’ Bank of America strategists say

I have kept saying Wall Street is a joke of markets being highly manipulated and pumped up by trillions of Fed money printing and there is no reality of asset prices and no free markets in the the US and the rest of the developed world;just central banks money printing mischief lunacy.

Well one of the 6 mega Wall Street banks ie Bank of America Merrill Lynch agrees with me.

Though Wall Street has always been fake,there are lots of opportunities to short term trade these large move volatile swings and make lots of $$$$Laughing out loudly Laughing out loudly in the madness







One of the 6 mega Wall Street banks ie Bank of America calling markets fake and divorced from reality as Fed money printing pump job keeps the ponzi going.Now another of the big 6 Wall Street banks ie Citigroup also echoes same sentiments





A new Fed money pump bubble is being created despite record level horrendous economic figures.Just shows fundamentals dont count much and central bank money printing is by far the single biggest factor in US markets.

Interesting that the NSE 20 Share Index is below 2008 GFC levels yet S&P 500 has appreciated by 5 times the GFC lows.Why is this?Simple,Fed is printing money to push stocks up while Opus Dei isnt.New all time highs in US stocks is very feasible before the bankruptcy/solvency crisis armageddon reality sinks in.

Though rising US stocks is a joke,one can trade this madness and make crazy amounts of $$$ going long.Ride the Fed money printing wave and make money from all the fakery.


How's the "making money hand over fist" working out?

How can we (in Kenya) benefit?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
slick
#213 Posted : Monday, June 01, 2020 6:33:56 AM
Rank: Member


Joined: 6/1/2017
Posts: 288
VituVingiSana wrote:
slick wrote:
slick wrote:
Central banks are creating ‘fake markets,’ Bank of America strategists say

I have kept saying Wall Street is a joke of markets being highly manipulated and pumped up by trillions of Fed money printing and there is no reality of asset prices and no free markets in the the US and the rest of the developed world;just central banks money printing mischief lunacy.

Well one of the 6 mega Wall Street banks ie Bank of America Merrill Lynch agrees with me.

Though Wall Street has always been fake,there are lots of opportunities to short term trade these large move volatile swings and make lots of $$$$Laughing out loudly Laughing out loudly in the madness







One of the 6 mega Wall Street banks ie Bank of America calling markets fake and divorced from reality as Fed money printing pump job keeps the ponzi going.Now another of the big 6 Wall Street banks ie Citigroup also echoes same sentiments





A new Fed money pump bubble is being created despite record level horrendous economic figures.Just shows fundamentals dont count much and central bank money printing is by far the single biggest factor in US markets.

Interesting that the NSE 20 Share Index is below 2008 GFC levels yet S&P 500 has appreciated by 5 times the GFC lows.Why is this?Simple,Fed is printing money to push stocks up while Opus Dei isnt.New all time highs in US stocks is very feasible before the bankruptcy/solvency crisis armageddon reality sinks in.

Though rising US stocks is a joke,one can trade this madness and make crazy amounts of $$$ going long.Ride the Fed money printing wave and make money from all the fakery.


How's the "making money hand over fist" working out for you?


Wow.Its working great.I love this volatility and making very good money in short term scalping trades.The March collapse of Wall Street was exceptionally good to me as my short positions were a money making ATM machine.Never have I made so much money in trading as I did in March.In April I was generally net long as I rode the Fed money printing pump that saw major upward surge of stocks.Right now markets are still quite volatile with massive up and down swings.I am generally net long but also take short positions.I could be long during the early hours of US stocks trading and short in the final hours.I really dont care about market direction.If the trend is up I go long even for a few minutes and if market tanks I go short.Wall Street is a very dirty game unlike the NSE where the Wall Street Banks and other investment houses like hedge funds and private equity continuously screw retail investors in pump and dump jobs and the Fed money printing shenanigans keeps markets elevated.The Fed is by far the biggest player and factor in markets and their actions far outweighs Fundamental (FA) and Technical Analysis (TA) though still price action still respects some technical levels.Wall Street is the arena where at times poor fundamentals can result in a rise in stocks because investors know the Fed will print more money to offset the horrendous fundamentals.

Wall Street is a whole different game from the NSE and its volatility is superb for short term trades.NSE is just too slow a market to make mega gains in a short time span though Wall Street is fake as indicated by even the crooked Wall Street banks above.Just trade the fake market and make money in the wild price swings.
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
VituVingiSana
#214 Posted : Monday, June 01, 2020 6:54:44 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,098
Location: Nairobi
@slick - My dilemma is how do I benefit from the Fed's largesse?

I am with you on the printing presses in the USA but sadly it is not a market I have access to.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
slick
#215 Posted : Monday, June 01, 2020 7:26:40 AM
Rank: Member


Joined: 6/1/2017
Posts: 288
amorphous wrote:
slick wrote:
rwitre wrote:
slick wrote:
BILLIONAIRES LOSING BILLIONS IN THE MARKET

Wall Street titan billionaire Carl Icahn lost nearly 2 billion USD in one investment position Hertz a car rental agency that filed for bankruptcy.The bankruptcy crisis that I have kept talking about and thats about to swamp the US (and the globe) will be the real crisis for the next few months possibly years.



WOOI!!Yani one can lose 2 billion USD in one trade??Laughing out loudly Laughing out loudly Laughing out loudly Anyway the guy still has a net worth of over 14.3 billion USD.Just shows the market can even humble the titans


So he just lost around 13% of his portfolio.

He'll live.

2020 is seeing investors getting wiped out over 70% and still clinging onto hopes of rebounds.


I have been following Carl Icahn for many years and he will recover fully from this loss in no time and rake in even more billions.These guys know the Wall Street game and sometimes they lose big and make up for it multiple fold unlike retail investors who go all in and get wiped out.


I remember reading King Icahn in the early 2000's. I got it by accident either at a flea market or library that was discarding books that nobody was borrowing any more. Grand price? A whopping $1. I read it through and through several times until the pages became dog-eared. You could say I was obsessed with it in many ways. Icahn was the man who opened my eyes to the practical world of high finance and activist investing. Unfortunately that world Icahn lived in that had some semblance of rules is no more. My sources inform me that we are heading to a new normal and life will NEVER EVER EVERRR be the same again. The elites had been planning this since time immemorial. Read this very carefully and see what is coming. Unlimited QE> Corona > Well planned race riots USA > Forced implosion of world markets > collapse in currencies > economic chaos, crime and suffering > cries for relief by the world populace > new world currency as the solution > AI rammed in through 5G > no more freedom for anybody > New scientific-socialist AI heavy global order. Hang tight and enjoy the ride, my frens!

NIMESEMA!



Yeah I agree with you.Covid-19 has been a game changer and the post Covid world will be different from the pre Covid-19 era.Firstly,there will be de-globalization as Western nations reconsider having their supply chains based in China that has proven to be non-transparent and rising tensions between China and the US may sever these supply chains.There is talk of moving manufacturing back to the US and Europe and some factories have already started relocating from China to other South East nations like Vietnam.The rise of nationalism against the globalist order had already gained momentum with Brexit,the election of Trump and covid-19 has just accelerated this trend

More important that this virus could be the catalyst that finally ends this debt based fractional reserve fiat currency monetary system and a collapse of the debt super cycle that has existed for the last 100 years made worse after 1971 and especially after the 2008 GFC where central bank money printing went amok.This era of first world central banks just printing trillions to pump up markets and foster an environment of extreme leverage and massive bubbles may have reached its end game.The possible collapse of fiat currencies and a new monetary dispensation could be the long term outcome as free markets force governments to return to a more sound currency system.These sentiments are echoed even by billionaire titans like Stanley Druckenmiller and Ray Dalio,founder of the world's largest hedge fund Bridgewater Associates







Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#216 Posted : Monday, June 01, 2020 8:04:08 AM
Rank: Member


Joined: 6/1/2017
Posts: 288
VituVingiSana wrote:
NewMoney wrote:
Shares of Tesla dropped as much as 12% Friday after CEO Elon Musk tweeted that the company's shares are priced "too high."

the guy is going nuts today, also said he's selling 'almost all' of his physical belongings
And isn't it back to (almost) where it was?
And he managed to successfully launch a shuttle into space.

Give the man another blunt!


Tesla stock is exhibit A for the Wall Street bubble madness built on excess debt,leverage and Fed money printing.

Tesla reminds most short sellers of the mega giant Enron.Enron a darling of the US corporate market for many years and was named "America's Most Innovative Company" by Fortune for six consecutive years between 1996 and 2001 only for it to spectacularly collapse in 2001 due to mega fraud by the executives Jeffrey Skilling and Kenneth lay.Enron epic collapse also led to the demise of one of the big 5 audit firms at the time Arthur Andersen who as the external auditor willingly covered up Enron's fraudulent financials.

Tesla short sellers believe a similar malfeasance is happening at Tesla making the stock the most volatile large cap stock and most heavily shorted stock in the US equity market and assume the stock will inevitably collapse to zero.The bulls believe in the myth of Elon Musk and EV innovation thus even the billionaire bulls and bears are fanatical in their prognosis of the company and they are at each others throats presenting the pros and cons of the firm.Elon Musk unpredictable and confrontational nature also doesnt help the stock.

Billionaire Wall Street titan Jim Chanos is one of the most fanatical bears believing Tesla stock will collapse to zero







It remains for posterity to be the final arbiter of the Tesla story.Lets wait and see who among the bulls and bears will be right.Though I like volatile stocks,Tesla is just too volatile for me to trade it
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#217 Posted : Monday, June 01, 2020 7:19:42 PM
Rank: Member


Joined: 6/1/2017
Posts: 288
VituVingiSana wrote:
@slick - My dilemma is how do I benefit from the Fed's largesse?

I am with you on the printing presses in the USA but sadly it is not a market I have access to.


You can access this wild Wall Street Fed money printing bonanza through CFD trading platforms like XM,Avatrade,UK spread betting platforms like City Index.

Though I must warn trading leveraged derivative instruments is EXTREMELY RISKY and 90% of retail traders lose money and blow up their accounts.In the trading community there is the mantra of 90% of retail traders lose 90% of their money in the first 90 days.Problem is that newbie traders live on fairy tales on making a quick buck fortune and take too large positions and fail to get out of losing positions early and are too greedy when trades go into their direction failing to get out turning winning trades into losers.As I have said repeatedly,Wall Street is a DIRTY GAME where the investment houses love naive retail traders who bet big and the banksters run the retailers stops making gains from retailers losses.Trading is definitely not for everyone

The game is to stay disciplined and understand how Wall Street really works (a Fed money printing pump job and a swindling racket to slaughter retail investors/traders).Remember in the current crisis,2008 GFC and all prior recessions the Fed bailed out the Wall Street houses but never bailed out retail investors who lost money.Take small position sizes no more than 3-5% of trading account,get out of losing trades quickly and respect your stops no matter what and dont be greedy.Long term you will be profitable this way.

NSE is too slow a market to make good gains in a short time span and right now NSE is kind of dead.NSE 20 Share Index is below 2008 GFC levels yet S&P 500 has appreciated by 5 times the GFC lows.NSE still languishing from the March Covid-19 disaster while US broader indices have retraced over 2/3 of the March sell off and the NASDAQ is currently near its all time highs.Stocks like Facebook,Netflix,Amazon have already recently hit all time highs despite the Covid-19 disaster and going long especially tech stocks is just an ATM machine

The real action is in Wall Street and cryptos.NSE is just a snail
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
VituVingiSana
#218 Posted : Monday, June 01, 2020 9:02:02 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,098
Location: Nairobi
At my age...

I will pick the tortoise over the hare!

Trading in and out would not allow me to snore at night. Laughing out loudly Laughing out loudly Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
slick
#219 Posted : Monday, June 01, 2020 9:18:06 PM
Rank: Member


Joined: 6/1/2017
Posts: 288
VituVingiSana wrote:
At my age...

I will pick the tortoise over the hare!

Trading in and out would not allow me to snore at night. Laughing out loudly Laughing out loudly Laughing out loudly


Day trade and close all your positions at close of business so that you dont hold positions overnight and suffer from insomnia.In this current volatile market,holding positions overnight is the guaranteed way to kill your account.

Current volatile market enables a quick dash in and out but you have to stay glued to the screen throughout the tenure of the trade and every minute candlestick move is life or death.Yeah its stress but its possible if you have high concentration span and discipline to get out quick if position goes against you.
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
slick
#220 Posted : Saturday, June 06, 2020 7:42:10 AM
Rank: Member


Joined: 6/1/2017
Posts: 288
NASDAQ at all time highs.S&P 500 has its biggest 50 day rally in history appreciating by 37.7%

Well as I expected the NASDAQ has hit new all time highs yesterday.Chances are high that the other broader indices ie S&P 500 and Dow Jones may join the party.Stocks rallied over the euphoria of US creating record 2.5 million jobs in May up from the disaster record 20.5 million jobs lost.Well as the lockdowns were getting eased it was obvious that some would return to work and thus the record job numbers.




S&P 500 has its biggest 50 day rally in history appreciating by 37.7%.Never underestimate and fight the Fed money printing pump job.In the very long term the Fed will lose but right now the Fed owns the market and if you cant beat the Fed,join it and ride the fake bubble pump



As the Nairobi bourse is languishing at its March lows,US stocks rallying to all time highs.Expect the pump job to continue for the short term though market is grossly overextended and a correction maybe imminent.Long term the market may drop precipitously as possible Covid-19 second wave plus mass bankruptcies sweep the United States.

I have kept saying this market will be going higher for the last few weeks due to the Fed pump and its been easy money going long especially the tech stocks.Riding this fake Fed pump bubble in the last few weeks has been AWESOME Laughing out loudly Laughing out loudly
Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
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