Stocks Street's awash in optimism, Stocks Again Rally on Hope, All Time High

MarketWatch

SAN FRANCISCO (MarketWatch) -- U.S. stocks rallied Friday, taking cues from Europe, where a dose of optimism ahead of this weekend’s summit of European Union leaders sent bank stocks higher, and stronger results from McDonald’s Corp., whose shares traded at an all-time high.

“It seems that the market is sensing a resolution in the euro zone as evidenced by the outperformance in financials,” said Michael Gayed, chief investment strategist at Pension Partners LLC. And “if bank shares are rallying because of anticipation that things will get resolved over in Europe, we could see an immense move up into the end of the year.”

Ah are the markets rallying on fake data and on hopes to make jim cramer wet dream to come true? where he stated that the dow will be at 18,000 by the end of the year?


If that does happen then that might prove to some that markets are a scheme and a joke, rallying on hope rather then on real actual data not the fake data that we have been getting so far.

What you make of this? the elites just wont and cant let the markets crash now cant they?

Please clarify for those of us with limited education.

1) What data is false?
2) Who inserted the false data? (Please, something a little more specific than TPTB or elites)
3) Why not let it crash, wiping out the peasants and providing a great buying opportunity for those with cash?

Having just read the post on the crash of the US Dollar against the Yen i am surprised to say the least.
It seems to me that the market is led by its nose through big money moving around like the proverbial pea under the third shell.
\The reality of the PHYSICAL world has changed not one whit and the forcast is for more of the same....
a long dark night with widely scattered light in the morning......

reply to post by charles1952

What data is false?

The unemployment rate numbers are actaully qutie higher then just 9.0% inculdin that the fat the market rallies also on bad news reports on the payrolls?

2) Who inserted the false data

The people who are in power the elites, trying to prevent a major riot they dont want a repeat of the 1960 riots or an uprise

reply to post by Agent_USA_Supporter


consult ludwigvonmises003 on this issue.He's got good knowledge of market conditions and economics.He literally rips Xchathra to shreds on several threads,specially where economic issues.Hell,I use to think Americans are lard laced idiots,but guys like Ludvig are smart ones. No wonders Texas is the economic engine of USA.

Without Texas,USA is a third world #hole. Texas has the oil and technology companies

ludvig has stated several sources with regards to true inflation and unemployment.

Isn't there a stock rally everytime the US government kills someone, we win a war or a battle?

Haven't we won the Iraq war like 4 times now?

reply to post by USAisdevil


Where is this ludwig found?

But anyhoo, this is just pump and dump. Wait monday.

reply to post by eldard

He's there on this forum.He's in my friend's list.