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empedocles

(15,751 posts)
Tue Sep 15, 2020, 10:31 AM Sep 2020

Last 4 DJIA trading days have been marked by a [suspicious?] strong opening. A strong

opening, no matter what the news/technical indicators. Today is the 5th straight 'strong' opening.

Some interests are desperate for a market as high as they can get it for trump these next weeks.

25 replies = new reply since forum marked as read
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Last 4 DJIA trading days have been marked by a [suspicious?] strong opening. A strong (Original Post) empedocles Sep 2020 OP
Probably Chief Manipulator Mnuchin. NCjack Sep 2020 #1
Its one of my conspiracies GusBob Sep 2020 #2
These openings have looked less suspicious if you look at futures after close / before opening unblock Sep 2020 #3
The pre-markets, before the day's trading starts, look a lil perky to me. empedocles Sep 2020 #7
Seriously, who's going to stop them? Hugin Sep 2020 #9
I have heard TheFarseer Sep 2020 #17
I suppose this is possible, though I don't know how effective this would be unblock Sep 2020 #21
I noticed Ameritrade changed it TheFarseer Sep 2020 #24
I have some suspicion that this is where much of Old Yeller's ad buy money is going... Hugin Sep 2020 #4
Mnuchin got half a trillion taxpayers dollars 2naSalit Sep 2020 #6
On record for buying bonds, which helps the stocks. empedocles Sep 2020 #10
Trillions, Not Billions ProfessorGAC Sep 2020 #23
Sadly, precisely my take on it 2naSalit. Hugin Sep 2020 #11
I think you're right about 2naSalit Sep 2020 #13
The old Trump pump and dump? C_U_L8R Sep 2020 #5
The stock market is worth about $34 trillion SCantiGOP Sep 2020 #8
The stock market 'TOTALS' about 34 trillion. empedocles Sep 2020 #12
It's the Fed. Yavin4 Sep 2020 #14
You are right. slater71 Sep 2020 #15
Not to mention ruining the fixed income market TheFarseer Sep 2020 #18
'They' did try '07-'09 empedocles Sep 2020 #19
It's the PPT. roamer65 Sep 2020 #16
. . . and perhaps shadowy, trump types empedocles Sep 2020 #20
The market is up 67 points... brooklynite Sep 2020 #22
Hmmmmmmmmmmm? empedocles Sep 2020 #25

GusBob

(7,286 posts)
2. Its one of my conspiracies
Tue Sep 15, 2020, 10:38 AM
Sep 2020

The worse things get for Trump and America, the more his Wall Street buddies try to prop him up, and cash in

unblock

(52,203 posts)
3. These openings have looked less suspicious if you look at futures after close / before opening
Tue Sep 15, 2020, 10:39 AM
Sep 2020

Unless there are manipulators working the off hours markets.

Personally, I don't think anyone outside the fed has the stomach to personally take the risk of manipulating the entire market. Individual stocks, perhaps, but not the entire market.

empedocles

(15,751 posts)
7. The pre-markets, before the day's trading starts, look a lil perky to me.
Tue Sep 15, 2020, 10:46 AM
Sep 2020

I have no doubt traitortrump would, and is screaming, and pulling out all the stops, to get the max into the market going up.
Would not have thought barr would bend over, with a gallon of vaseline either, but . . .

[Have to admit, the market may not continue to cooperate. It's huge].

Hugin

(33,135 posts)
9. Seriously, who's going to stop them?
Tue Sep 15, 2020, 10:46 AM
Sep 2020

It's the wild west out there now. Absolutely no regulatory interference and even if there was, the former DoJ and now Orange Julius Caesar's private fixing firm wouldn't prosecute as long as it benefits the Porcelain Log's re-election chances or at least an excuse for why he may have been re-elected. Which is really all they need to contest the outcome.

TheFarseer

(9,322 posts)
17. I have heard
Tue Sep 15, 2020, 12:41 PM
Sep 2020

That big traders are bidding up the prices in the off hours to sucker people in and then canceling their orders before they execute.

unblock

(52,203 posts)
21. I suppose this is possible, though I don't know how effective this would be
Tue Sep 15, 2020, 02:04 PM
Sep 2020

You'd have to be looking at the order book but ignoring the actual pre market trading, and then executing your own trade at the very opening.

Personally, I never trade in the first 5 minutes. Too random.

TheFarseer

(9,322 posts)
24. I noticed Ameritrade changed it
Tue Sep 15, 2020, 03:24 PM
Sep 2020

So you can make trades premarket or aftermarket now or just stick to in market hours. I’m not totally sure how after hours is different. I have gotten some steals on lowball bids in the first few minutes of trading on thinly traded stocks.

Hugin

(33,135 posts)
4. I have some suspicion that this is where much of Old Yeller's ad buy money is going...
Tue Sep 15, 2020, 10:39 AM
Sep 2020

Along with copious amounts of our tax $$$s.

Since he and the GrOPpers see the Market indexes as the only wedge he has in the elections. They see it as the biggest bang (so to speak) for their and our bucks.

It's probably also illegal to manipulate the markets in this manner, but, since they've captured every regulatory organ of the US Govt... Who's going to stop them?

And, still no word from the opposition. Not that there would be since all of the media outlets have been co-opted as well.

2naSalit

(86,569 posts)
6. Mnuchin got half a trillion taxpayers dollars
Tue Sep 15, 2020, 10:44 AM
Sep 2020

To do as he pleased in the PPP. He's been feeding it to investors to maintain the "look" of a strong stock market no matter what else happens to make the bile colored bilker look good to those who can't tell the difference between the stock market and the economy.

empedocles

(15,751 posts)
10. On record for buying bonds, which helps the stocks.
Tue Sep 15, 2020, 10:48 AM
Sep 2020

Recall reports, at using the billions, to buy 3rd party/grey coverage of market manipulation. They could buy stock market indices.

ProfessorGAC

(65,001 posts)
23. Trillions, Not Billions
Tue Sep 15, 2020, 02:20 PM
Sep 2020

You're overall recollection is correct. The details you misremembered.
It was 2.5-3 trillion in bond buys.
These companies could then do expansions without commercial borrowing, and improve cash flow to eliminate revolving line of credit borrowing.
They could maintain current cash position, external investment, & treasury stock (analysts adore that) and the government takes on the lender's risk.
With the kind of $ we're talking about, a thousand big companies could have propped up.

Hugin

(33,135 posts)
11. Sadly, precisely my take on it 2naSalit.
Tue Sep 15, 2020, 10:52 AM
Sep 2020

Last edited Tue Sep 15, 2020, 05:21 PM - Edit history (1)

If you have been watching the futures they have consistently gone negative every night right after closing only to wildly inflate in the hours before the opening bell.

I think this is the real reason the Poop Chute Piper was in Vegas. He was kissing Adelson's ring after their blow up a few weeks ago for some more cash to throw into this conflagration.

2naSalit

(86,569 posts)
13. I think you're right about
Tue Sep 15, 2020, 10:56 AM
Sep 2020

the Vegas visit but it had several purposes including the kissing of rings. He also wanted to flout state law and dis the governor too.

SCantiGOP

(13,869 posts)
8. The stock market is worth about $34 trillion
Tue Sep 15, 2020, 10:46 AM
Sep 2020

Dumping millions, even billions into it, would risk your money but not have a significant, or long-lasting, impact on the average.
There are other reasons for the disconnect between the market and the general economy, and they have mostly to do with tax and monetary policy.
Not everything is a conspiracy involving Trump.

empedocles

(15,751 posts)
12. The stock market 'TOTALS' about 34 trillion.
Tue Sep 15, 2020, 10:54 AM
Sep 2020

They do not need a 'long-lasting' impact on the average - and they are risking 'tax-payer' money.

There are other reasons for the rally - one is the greed madness of some crowds.

Would trump and his trumpers consider this kind of conspiracy?

slater71

(1,153 posts)
15. You are right.
Tue Sep 15, 2020, 12:09 PM
Sep 2020

The Fed has been dumping money into the banks and the market at the rate of billions of dollars a week. since June of 19. This pumps up Trump. It is also why Trump said around June 15th of 19 that" if he is not reelected in Nov.2020, you will see the biggest crash in the market that there ever was." He usually tells on himself if you try and read everything he says.

TheFarseer

(9,322 posts)
18. Not to mention ruining the fixed income market
Tue Sep 15, 2020, 12:43 PM
Sep 2020

with ultra low interest rates. The stock market is the only place you can get any return.

roamer65

(36,745 posts)
16. It's the PPT.
Tue Sep 15, 2020, 12:17 PM
Sep 2020

Plunge Protection Team.

The Federal Reserve, Treasury and a consortium of big banks like JP Morgan Chase.

empedocles

(15,751 posts)
25. Hmmmmmmmmmmm?
Tue Sep 15, 2020, 04:07 PM
Sep 2020

Same suspicious pattern. Bump the DJIA open up over 28,200. Market wants go go down, about 250 points, through the trading day, another buying burst, this one 50 points, at the close .
Effort to get DJIA over 28,000 fails as of 4p close. Perhaps, sellers know pattern and profitably sold into it. Volume would tell that.

Looks like, 'business', as usual.






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