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Trump here to nurse the data along.... perhaps equities need a nudge in his preferred direction. Ban that fake news! It's all being handled... of course

"These are not numbers I made up, these are real numbers that we have" lol it's too funny ;/
Is this a joke?
Is this REAL WH video? or a Saturday night Live satire?
Yesterday the US reported over 50,000 new epidemic cases.
This level of Cognitive dissonance represents a health crisis in itself.
surreal.
Havent seen such iconic entertainment value for 40 years when "Debbie does Dallas"...came out.
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https://youtu.be/CIeeNs1fSvM
Can not blame the guy for trying to pump the market and oversell it , it's his job and his personalty to be positive and optimist , imagine if he was actually saying things are as bad as they look ....Big market crash and shit economy.
Quoting Simon-1988
Can not blame the guy for trying to pump the market and oversell it , it's his job and his personalty to be positive and optimist , imagine if he was actually saying things are as bad as they look ....Big market crash and shit economy.
What diference does it make, companies who are using fed money to buy back their own shares could decide to dump and take profits whenever they like and the market could crash anyway. Ignoring the facts will not change the facts. The facts are, the pandemic is hurting all countries not just America. They need to face facts, stop running up the stock market to help his own campaign to win the next election. He doesn't give 2 shits about you or anyone else.
bruh... when you have the worste situation ever in the economy, it can only get better...if you loose 20.000.000 jobs, getting back 8.000.000 is not a real "victory" . . . the financial markets are complete detached with real economy: and guess what?! the biggest transfer of money from the poor to rich has just been done... it will be a very bumpy ride coming months until the NOV elections... one more thing daily rise of cases = 2 3 weeks later increase in fatalities... just saying...
Quoting Vancarbon
I'm trying to find the point of this press conference . So far all I can see is an opportunity to ramp the market from Trump and Munchin reinforcing that they are in control of the situation and everything is coming up roses . The PPE scheme is still in place so why go back to work Who needs jobs ? The true picture will come when state support is removed . It's an artificial picture being painted using dodgy statistics and Fed driven liquidity to make buybacks at the expense of mainstreet . Not sure the economy is half as good as it's being portrayed...
Thank you for being objective. I swear having some conversations with some individuals in this forum they're screaming look at all this good news. I'm like your gloating about a ridiculous amount of FED/government intervention. When we take off the training wheels lets see how good the economy is on its OWN. We all want the economy to surge back but realistically speaking we know that will take time. I don't know why that is so hard to admit. We lost a decade worth of job gains in literally a few months. We won't recover all those jobs in a few months. People need to realistically look at the bigger picture.
The solution is (x).
10109 new cases in Florida alone... today ... let's be ready for july report !
Quoting Momofrmnyc
{quote} Thank you for being objective. I swear having some conversations with some individuals in this forum they're screaming look at all this good news. I'm like your gloating about a ridiculous amount of FED/government intervention. When we take off the training wheels lets see how good the economy is on its OWN. We all want the economy to surge back but realistically speaking we know that will take time. I don't know why that is so hard to admit. We lost a decade worth of job gains in literally a few months. We won't recover all those jobs in...
If you read it then forgive me but this article pretty much backs up your statement.
https://realinvestmentadvice.com/the...y-part-1-debt/
And Van you may be generous with half as good........
The elites think we are stupid. They are in the main quite correct.
Quoting goldenmike
10109 new cases in Florida alone... today ... let's be ready for july report !
The dead don't appear as unemployed so the market won't care!
A second wave of firing and pandemic is coming.

It seems that my family is moving to beijing for a period and we have been in touch with locals out there over the past week or two. Everybody gets tested multiple times a day and they tolerate no Corona. It makes me think that maybe the Chinese finally figured out how dangerous this shit is if we dont take it seriously and "we dont". Look how laid back people are in Europe and the US already. Its bound to go wrong.

As for unemployment. Yes the numbers are rigged. As long as there are a variety of schemes in place the numbers will be wrong. The truth becomes clear ones the schemes are lifted. Where I live this has become clearer during this week where multiple multinationals have laid off people to get out of the schemes.
Adapt, endure and be flexible, but keep your eyes on your Goals. The next 6 months will be quite a ride,
as for me, trade less, money management, keep liquidity and hold on to more cash.
Another issue I think that need to be factored in is that as POTUS you per nature have a certain credability in the markets. But I think you can only screw the markets so many times. There comes a time a time when the markets will no longer respond to these kind of self-promoting speeches simply because it was not right last time or the time before.
Quoting Banditten
Another issue I think that need to be factored in is that as POTUS you per nature have a certain credability in the markets. But I think you can only screw the markets so many times. There comes a time a time when the markets will no longer respond to these kind of self-promoting speeches simply because it was not right last time or the time before.
Maybe after attempt 1000?
Quoting Vancarbon
I'm trying to find the point of this press conference . So far all I can see is an opportunity to ramp the market from Trump and Mnuchin reinforcing that they are in control of the situation and everything is coming up roses . The PPE scheme is still in place so why go back to work Who needs jobs ? The true picture will come when state support is removed . It's an artificial picture being painted using dodgy statistics and Fed driven liquidity to make buybacks at the expense of mainstreet . Not sure the economy is half as good as it's being portrayed...

Van you are one of the sharpest pencils if not the sharpest in this sad box.
And you write you dont undestand the point for this Press Confidence?
Its a spin exercise in gilding the turd/lipstick on the pig.. whatever you want to call it
- for Mr Trump to get himself re-elected.
Thats it.
Its a parody- a satire -joke. End/Of
.
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BEARS - what crybabies! Trading your personal biases is the recipe for your accounts crashing and burning! Just lick your index finger, hold it up in the air and see which way the wind is blowing. Nobody cares about your political bias. N-O-B-O-D-Y!!!
Lighten up everybody. He is just going to explain why he fired Bolton.
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Quoting OutThere
Lighten up everybody. He is just going to explain why he fired Bolton. {image}
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Quoting Vancarbon
Cheers Ross . Appreciate your comment but I think you just made me a " marked man " :0)
He sure did! He's the 'guru' around here! hahahaha
Quoting Vancarbon
Maxthetrader| Joined May 2019 | Status: Member | 517 Comments | Online Now Buy DOW tomorrow! 50K on the way! Way too many doomsdayer idiots out there about to get RUN OVER!!!! Cheers Max . We're half way there
It will get there eventually.
trump : new record ! every thing is good for usd
Market : usd became weak soon
Find your passion and work hard
Quoting Vancarbon
Yes of course it will Max I agree , but at this juncture we're likely to see more downside than up imo . Good luck though
Markets never travel in a straight line. I try to catch the waves up or down without any bias. It is what it is when trading.
Quoting saeedbarzvar
trump : new record ! every thing is good for usd Market : usd became weak soon
The last time the COT setup was as close to what the setup is today, it proved to be a launching point of a HUGE rally. (Early 2018) I hope it doesn't go too high as it could be a negative. Never use COT as a timing tool, it could go a bit lower first before turning up - but turn up it will.
Hahaha with the stats he is reading out, USA should actively try to make all their population get Covid over and over again since it brings so many jobs.
Let's focus on trading.
You don't know because you don't ask.
"You put the wrong person in office and you will see things you never think of to be possible."

Yes Trump. It already happened. Stop talking about yourself.
Quoting Simon-1988
Can not blame the guy for trying to pump the market and oversell it , it's his job and his personalty to be positive and optimist , imagine if he was actually saying things are as bad as they look ....Big market crash and shit economy.
It's his job to be an optimist? Really! That doesn't justify all the lies he tells and the facts he gets wrong. Only fools would follow a leader with his head in the clouds. Being realistic , factual and honest far outweigh irrational optimism.
Quoting harcos
{quote} It's his job to be an optimist? Really! That doesn't justify all the lies he tells and the facts he gets wrong. Only fools would follow a leader with his head in the clouds. Being realistic , factual and honest far outweigh irrational optimism.
The liar left tells us he lies. But who is dumb enough to believe the liar left? Russia HOAX comes to mind - impeachment HOAX comes to mind. They are always wrong and this makes trading fun. Placing your bets against these dimwits sure is profitable.
Quoting Maxthetrader
{quote} The liar left tells us he lies. But who is dumb enough to believe the liar left? Russia HOAX comes to mind - impeachment HOAX comes to mind. They are always wrong and this makes trading fun. Placing your bets against these dimwits sure is profitable.
I love individuals like you. The liar left didn't tell us anything he lies and we can provide evidence on multiple occasions. The problem with individuals like you is he could kill someone right in front of you and you'd say he didn't do it.

(I'll leave you with this unless the loonie lefty has now commandeered his twitter as well.)
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The solution is (x).
Quoting Maxthetrader
{quote} The liar left tells us he lies. But who is dumb enough to believe the liar left? Russia HOAX comes to mind - impeachment HOAX comes to mind. They are always wrong and this makes trading fun. Placing your bets against these dimwits sure is profitable.
.....
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The solution is (x).
Quoting Momofrmnyc
{quote} ..... {image} {image} {image} {image} {image}
Waste of time. He talks out of his arse and by the sound of it he has diarrhea.
Even the stock market is ignoring the over inflated covid numbers. NOBODY trusts the clowns putting out these numbers. Even traffic fatalities are likely being counted as covid. Its becoming a huge J-O-K-E!!!

Not saying covid isn't real. Just that you can never trust what you hear. Its not so much about the numbers, it is all about 'who' is doing the counting! And what they are counting:
"As the number of new confirmed coronavirus cases continues to jump in several states across the U.S., some people, including Tesla CEO Elon Musk, are questioning whether inaccurate tests are artificially inflating state case counts." https://www.cnbc.com/2020/07/01/accuracy-of-coronavirus-tests-questioned-after-pga-golfer-tests-positive-and-then-negative.html
Quoting Momofrmnyc
Hidden
TRIGGERED!!! Am I supposed to believe the liar left when they lie to me? BTW, what market are you trading?
I don't do what the liar left tells me to do. I just trade against fools like that!!! Happy profits!
Quoting Maxthetrader
Hidden
Evidence BLOCKED BLOCKED BLOCKED. HIDDEN HIDDEN HIDDEN.
Witnesses BLOCKED BLOCKED BLOCKED. Threatened to be SUED SUED SUED.


Wait till his sorry ass thrown out of office and the dam will burst.
Quoting Maxthetrader
Hidden
It's funny corporate socialism happens all the time in USA but people love referencing democrats with their socialist ways. If you're going to speak on socialism speak on the companies as well in the same breath. It would be hard for you to do though since your so biased. The funny thing is your saying "lets talk about trading the markets" but your post in the thread was this :


"The liar left tells us he lies. But who is dumb enough to believe the liar left? Russia HOAX comes to mind - impeachment HOAX comes to mind. They are always wrong and this makes trading fun. Placing your bets against these dimwits sure is profitable."

Take your own advice mate. I know that superiority complex gets to your head sometimes. Also I find it naive that you keep trying to lump anyone with an opposing view as a leftist. I'm not a left/right please don't put me in your little idiotic bubble. I could care less for politics. Though you love ranting and raving every chance you get about the left. It's really weird to be that pressed mate. I wish you the best.
The solution is (x).
Quoting Maxthetrader
Hidden
Nice try. I don't live in your country. I couldn't possibly be a democrat. You are talking to an international audience. US is not the world. It is an influential country hijacked by a madman and the world has a right to expose him.
Quoting Maxthetrader
Hidden

Man reading is fundamental I guess but sure let's bring the FIRST and ONLY thing I said in this thread before I responded to your posts after.

"Thank you for being objective. I swear having some conversations with some individuals in this forum they're screaming look at all this good news. I'm like your gloating about a ridiculous amount of FED/government intervention. When we take off the training wheels lets see how good the economy is on its OWN. We all want the economy to surge back but realistically speaking we know that will take time. I don't know why that is so hard to admit. We lost a decade worth of job gains in literally a few months. We won't recover all those jobs in a few months. People need to realistically look at the bigger picture."

Where in my INITIAL post did I mention anything political? Again you're talking out your ass but all the comments are documented within this thread my friend. I mentioned the amount of FED intervention and that's all. I never mentioned anything about Trump, left/right, or anything that has to do with politics. You want to force individuals into this box because they happen to have an opposing view. You act like what you say is God's given truth. Your saying a lot but you can't back it up which is pretty typical of you anywho.
The solution is (x).
And my first post: BEARS - what crybabies! Trading your personal biases is the recipe for your accounts crashing and burning! Just lick your index finger, hold it up in the air and see which way the wind is blowing. Nobody cares about your political bias. N-O-B-O-D-Y!!!
Quoting Maxthetrader
Hidden
Spamming the board with propaganda? You mean my ONE post that referenced nothing with politics which I've already quoted for you once before? I was talking about being realistic in how long it'll take to get all the jobs we lost. Where did you see me reference any sort of politics in my first post? You can't find it because I didn't but again you only read what you want.

"Man reading is fundamental I guess but sure let's bring the FIRST and ONLY thing I said in this thread before I responded to your posts after."

Did I ever say you addressed me? I said before I RESPONDED to YOUR POSTS. Obviously you're in your own delusional world and I'll leave you to it. You'll interpret anything I say as something else. I guess that's a tactic you learned from those crazy loony lefties. I didn't even mention your first post because that's not the post I responded to again you're being selective my friend. You're the one that brought up the "liar left ...." and I responded to that post. Have a good one bud and enjoy your successful trading.
The solution is (x).
NASDAQ hit new all time record highs again today. I did good today buying dips in the S&P.
Quoting Maxthetrader
Hidden
I think we get the message.
Quoting Simon-1988
Can not blame the guy for trying to pump the market and oversell it , it's his job and his personalty to be positive and optimist , imagine if he was actually saying things are as bad as they look ....Big market crash and shit economy.
yes keep the lies coming, pretend its ok... carry on as if nothing is wrong thats his job...thats America...great again
its all just one persons opinion....
Quoting axecap
{quote} yes keep the lies coming, pretend its ok... carry on as if nothing is wrong thats his job...thats America...great again
Crashing accounts?
Well, we have an idiot in the White House, a bubling fool as Prime Minister in the UK, a great manipulator, pretty much, making himself president for life in Russia, and a leader in China who already is there for life............

Makes for fantastic trading, providing, that is, we continue to be allowed to trade!

Never has the phrase "all power corrupts and absolute power corrupts absolutely" been so true today!!

All scary stuff
Quoting Vancarbon
Cheers Ross . Appreciate your comment but I think you just made me a " marked man " :0)
Sorry.. what a damning comment about this questionably managed and monitored site that this has become. - That anyone with experience, ability, industry know-how, economic education and analytical competence, becomes a Marked Man?

If your as pissed with this as I am, dont bother messaging "Twee"
Twees just a meme for whoevers making the coffee at the time downtown Tampa.

Write, call lobby VP Business development Fair Economy Inc Kevin Steffey (see Linkedin)
Hes actually a straight up guy.. just doesnt seem to be aware of how badly a key part of the business hes developing is being managed and how that results in the guys here with actual know-how and ability are being marginalized intimidated and disillusioned from making serious productive contributions by a bunch of frequently politically motivated trolls. Left and Right.

Note: If as I wouldn't at all be surprised this post results in my suspension...
My email is [email protected]..
stay in touch.
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Quoting fxharvestor
Hidden
You forgot to mention corporate socialism but obviously that's selective memory. Markets reflect sentiment or you mean the FEDs been saving the markets ass for a long time. I mean we had the "strongest economy" with the lowest interest rates. That alone shows the disconnect in basic economics. I know you'll rave about your stock market returns though it's not indicative of the actual economy. All to say who cares the right side is full of crazies and the left side are full of crazies. Our politicians on both aisles are liars and cheats. I love individuals who only complain about one side but never objectively tell the whole truth or run back screaming how it's fake news. Anywho end of my pointless rant and keep enjoying your profits.

P.S : I've also made a pretty penny under Trump but I feel no need to talk about it because a retard could've made money in these markets just going long on Dow, Nasdaq, or SPX.
The solution is (x).
Quoting Momofrmnyc
{quote} You forgot to mention corporate socialism but obviously that's selective memory. Markets reflect sentiment or you mean the FEDs been saving the markets ass for a long time. I mean we had the "strongest economy" with the lowest interest rates. That alone shows the disconnect in basic economics. I know you'll rave about your stock market returns though it's not indicative of the actual economy. All to say who cares the right side is full of crazies and the left side are full of crazies. Our politicians on both aisles are liars and...
You just don't get it do you old mate....
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is it true that he will re-opening the pandemi office ..?
Quoting Maxthetrader
And my first post: BEARS - what crybabies! Trading your personal biases is the recipe for your accounts crashing and burning! Just lick your index finger, hold it up in the air and see which way the wind is blowing. Nobody cares about your political bias. N-O-B-O-D-Y!!!
Max, I didnt see you around for a long time. Maybe because I havent been so active on fiorum lately ((: Did you but every hourly dip on the way down to 18K or did you manage to just get at 18K (:
Just 1 big constant fart. What should be worrying Americans who care for their country is the manner in which they are spoken to by this government with misleading comments and misuse of statistics, as if they are speaking to an audience of totally uneducated morons. a case minus 20 plus 5 = plus 5. arent we good???? No mention of the massive infection numbers arriving and even bigger numbers round the corner with the eventual unavoidable consequences. By November we could be seeing 300,000 daily. What a total moronic cockup! You get what you pay for and in this case my dear American friends from across the Atlantic, 'you certainly got what you voted for!' My heart bleeds for you
Quoting Banditten
{quote} Max, I didnt see you around for a long time. Maybe because I havent been so active on fiorum lately ((: Did you but every hourly dip on the way down to 18K or did you manage to just get at 18K (:
I bought the morning and mid day rallies and shorted the end of day decline. Thanks!
A bunch of up to date charts from BLS.
https://www.bls.gov/web/empsit/cps_charts.pdf
Quoting Maxthetrader
Even the stock market is ignoring the over inflated covid numbers. NOBODY trusts the clowns putting out these numbers. Even traffic fatalities are likely being counted as covid. Its becoming a huge J-O-K-E!!! Not saying covid isn't real. Just that you can never trust what you hear. Its not so much about the numbers, it is all about 'who' is doing the counting! And what they are counting: "As the number of new confirmed coronavirus cases continues to jump in several states across the U.S., some people, including Tesla CEO Elon Musk, are questioning...
Don't worry about the test counts, watch the death count and hospital bed occupancy. Unless you think those are faked as well.
These covid recovery records.
It's like a diver having a milstone tied around his neck and falling to the bottom of the ocean, removing the stone, swimming to the surface and claiming the record for the greatest dive ascent.
That's great, but it's just a rebound.
Are these NEW jobs, or just people getting back to work after staying home?

May/June Rebound
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