The effort to maintain a positive narrative includes stock prices that seldom decline, led by tech wunderkinds such as Alphabet (Google), Amazon, Nvidia, Apple and the rest of the "Magnificent Seven", and stocks selected by Wall Street brokerages and "whales" which control more then 80% of all trading through black pools, Zero-days-to-expiry (0DTEs) options, and other market-distorting vehicles.
Wednesday's trading was a perfect case in point. Just before 2:00 pm ET, the Dow Industrials were down more than 300 points, but, in the final two hours of trading, "buy the dip" investors - which are, in reality, market makers and mega-banks - saw fit to boost share prices of the 30 blue chips to a close down just 24 points, the final 200 points made up in the last half hour. The NYSE Composite saw a similar late-day rise, while the S&P 500 made almost all of its 32-point gain in the last half hour of the session. The NASDAQ, home to the tech darlings, was positive all day, but stitched on nearly an additional 100 points in the final 30 minutes.
There's very little about "the markets" - any market - that is real. Consider gold and silver's moves on Wednesday to be just another prime example of the lengths at which traders on the COMEX and CME will go to suppress the emergence of real money. Silver, squeezing the shorts, had rocketed to a new high of $42.19 on the COMEX continuous contract early in the day, but, overnight, magically, shed nearly a dollar, dropping as low as $41.29.
Gold reached a record high on Wednesday, topping out above $3,637, though it slipped back as low as $3,584, a 50-dollar-plus decline to satisfy the mendacious desires of the fiat money cabal.
Similar chart oddities have become commonplace. Individual stocks gain 10 to 20 percent in a day on a routine basis these days, defying logic and fundamental analysis in favor of quick profit turns by insiders and slick traders.
On top of the obvious end-of-day tape-painting, which has become a staple of U.S. stock markets, government data, from sources such as the BLS and Commerce Department, are wildly flawed, massaged by various qualifiers to produce data that is more palatable to the elites and fed like pablum to the masses. The American public is led to believe that stocks are golden, companies are robust money-printing machines and that their passive investments in retirement accounts can only go one way. Up.
As for the crypto fad, it's simply a trade, having no real value, based on theories and the belief that bitcoin, ethereum and the thousands of other alt-coins actually can be money. They can't, they won't, and the entire universe of hodlers and diamond-handed speculators will eventually be wiped out.
Meanwhile, back in the real world, the ADP Employment Report, which is not a government agency, released Thursday morning, showed an August gain of 54,000 jobs in the private sector, well below sustainability in the labor market and well below expectations. Wall Street will likely shrug it off as inconsequential, focusing on pricey stocks in the bubble economy.
It's a cruel world. Wall Street and government mouthpieces would have you believe that the U.S. is winning the war in Ukraine, Gaza is not genocide, the BRICS are out to get us, tariffs won't cause price inflation, and the streets of American big cities are paved in gold... well, paper gold, anyway.
The reality is, of course, nothing of the sort. It's all a dreamscape.
At the Close, Wednesday, September 3, 2025:
Dow: 45,271.23, -24.58 (-0.05%)
NASDAQ: 21,497.73, +218.10 (+1.02%)
S&P 500: 6,448.26, +32.72 (+0.51%)
NYSE Composite: 21,008.11, -36.76 (-0.17%)
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