I predicted, in 2021, that the S&P would break 5k, then become parabolic and ultimately rooster tail to nearly 10k before the real crash. If it turns around after barely breaking through 5k, I'll have lost my touch.
I used to subscribe to printed copy of wall street journal and trade stocks daily. It's rigged. Stocks would rise or fall and then a fake news story, often written by AI (over a decade ago,) would make excuse why stock went up or down. It would never make logical sense meaning you could never accurately predict direction of stock because it wasn't based on rationale or truly free market forces.
Gammon's presentation is the theory is that ETFs are forced to sell the shareholdings, and the potential "buyers" know that so there is no point bidding above 0. (or perhaps 0.1 but nominal 0).
And most of George's stuff is gathered from the work of others and presented.
Admittedly I'm only generally interested in the topic so I don't have deep knowledge.
I predicted, in 2021, that the S&P would break 5k, then become parabolic and ultimately rooster tail to nearly 10k before the real crash. If it turns around after barely breaking through 5k, I'll have lost my touch.
Funny way of spelling “quantitative easing 7.”
Can't run on a bank that won't give you cash past a daily limit
I used to subscribe to printed copy of wall street journal and trade stocks daily. It's rigged. Stocks would rise or fall and then a fake news story, often written by AI (over a decade ago,) would make excuse why stock went up or down. It would never make logical sense meaning you could never accurately predict direction of stock because it wasn't based on rationale or truly free market forces.
When people start selling S&P ETFs, which make up 50% or more of S&P holdings, the offers will tend to zero.
This is because the people selling have to sell on instruction.
George Gammon explains how the whole thing could come down
https://www.youtube.com/watch?v=2Y8k73E1K4A
Gammon's presentation is the theory is that ETFs are forced to sell the shareholdings, and the potential "buyers" know that so there is no point bidding above 0. (or perhaps 0.1 but nominal 0).
And most of George's stuff is gathered from the work of others and presented.
Admittedly I'm only generally interested in the topic so I don't have deep knowledge.