LEIBOVIT VR NEWSLETTERS – MONDAY – SEPTEMBER 23, 2024
https://www.howestreet.com/2024/09/is-the-fed-rate-cut-a-warning-mark-leibovit/
BULL TRAP CONDITION CONTINUES TO EXIST DESPITE WHAT YOU HEAR IN THE MEDIA
DANGER DANGER WILL ROBINSON
Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.
~ Ayn Rand
Nasdaq, S&P 500 Give Back Ground But Dow Inches Up To New Record Closing High
Stocks moved mostly lower early in the session on Friday but regained ground over the course of the trading day. The major averages climbed well off their worst levels of the day before eventually closing narrowly mixed.
While the Dow inched up 38.17 points or 0.1 percent to a new record closing high of 42,063.36, the S&P 500 slipped 11.09 points or 0.2 percent to 5,702.55 […]
LEIBOVIT VR NEWSLETTERS – FRIDAY – SEPTEMBER 20, 2024 – IRRATIONAL EXHUBERANCE OR MARKET MANIPULATION FROM THE HIGHEST LEVELS?
https://www.howestreet.com/2024/09/is-the-fed-rate-cut-a-warning-mark-leibovit/
BULL TRAP CONDITION CONTINUES TO EXIST DESPITE WHAT YOU HEAR IN THE MEDIA
DANGER DANGER WILL ROBINSON
Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.
~ Ayn Rand
After ending Wednesday’s session moderately lower following late-day volatility, stocks moved sharply higher during trading on Thursday. The major
averages all showed strong moves to the upside, with the Dow and the S&P 500 reaching new record closing highs.
The major averages pulled back off their best levels late in the trading session but remained firmly positive. The Dow jumped 522.09 points or 1.3 percent
to 42,025.19, the Nasdaq soared 440.68 points or 2.5 percent to 18,013.96 and the S&P 500 surged […]
