Monday, February 05, 2018

Looked like a rough fall mid-day.....when the "buy the dip" crowd (or perhaps the PPT) came to work today....

Is this "save" of the market today just the result of a buy the dip mentality, or perhaps the work of the PPT?
Two related thoughts......Trump has so strongly hitched his wagon to the stock markets performance, there is a natural inclination for the powers under his control to "protect" that legacy and buoy the market......on the flip side, [conspiracy thought alert] he has also recently made some enemies (at least created bad blood) of some people not only in the other party, but his own and particularly the "three letter acronym" secret societies of the government.....no proof of anything, but one might also understand how a rough market would be a way to insert a sort of self-inflicted "thorn" in his side.
So there are cheerleaders in position of power on BOTH sides I suppose.

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