Why is the market rising?!

aus_trader said:

Really ?
I thought he was acting like a Saint giving up most of his salary while Qantas not making any money with no flying at the moment.

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HAHA, those poor investors. Never to see a dividend. I find it all quite amusing.

aus_trader said:

Really ?
I thought he was acting like a Saint giving up most of his salary while Qantas not making any money with no flying at the moment.

Click to expand...

At least AJ gets paid his millions!

aus_trader said:

Really ?
I thought he was acting like a Saint giving up most of his salary while Qantas not making any money with no flying at the moment.

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Don't worry about AJ; he is a little fish.

Who is going to be the president of the USA in November, that is more important.

Chronos-Plutus said:

Don't worry about AJ; he is a little fish.

Who is going to be the president of the USA in November, that is more important.

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Yes that outcome could affect the markets. Even before the election, based on ratings and prediction of the outcome as the markets are forward looking.

aus_trader said:

Yes that outcome could affect the markets. Even before the election, based on ratings and prediction of the outcome as the markets are forward looking.

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I have started to build my US Electoral College prediction:

This thread may be dead unless you've got a reason to think the markets will make new highs soon.



I got this photo at the lows. No doubt they're be plenty of bulls willing to buy this daily selloff. All the stocks that shouldn't have rallied as much as they did are now being sold off (airlines, cruises, chapter 11s = bankruptcies). It didn't take much news (slight inventory build) to smash oil prices.

Don't fight the Fed. So the saying goes, and so far that seems correct.

A greater power though is coming soon to the US - Civil unrest. Unrest that makes the last three weeks look like a picnic.

The BLM political party has been very successful. You cannot disagree with them or speak up for truth because you will lose your job and be ostracised - and no one can afford that at the moment. Have a look how many politicians and other people in influential positions are defending free speech and the US Constitution. Compare that to how many politicians etc who are bending a knee and bowing to the mob.
Defund the Police - no it's about changing who runs the Police and who are the Police.
A reset of the US is coming.
It's just a matter of time. It will spread to Australia. A crash in the markets will be the least of your worries.
Good luck everyone.