500 stocks down over the last 10 weeks today was the 3rd straight day with over 6000000000 shares traded on the nasdaq all of which have been higher than any day in history to put that in perspective from 2009 until 2020 there wasnt even a one day with 5000000000 shares theres no connection between the economy and the stock market now that spot abnormal theres usually a lag between the 2 main street can collapse and then stock market can start moving up based on anticipation of main street or the economy picking up and sometimes the stock market will go down before the economy does because it has this tendency to be a quote discounting mechanism but what were seeing here is not a discounting of prices based on some fundamental analysis of the economy what were seeing is an utter divorce an utter split from the real economy and the financial ised funny money fed driven casino that is now taken over the globe this is causing 2 things the overlord class are becoming fabulously wealthy and
Well i think you might be talking about our stock markets these days driven by fed liquidity and well whole bunch of people in america 100 over 100000000 got free money remember and free money what do you do you spend free money the crazy with free money its like walking into the casino and they give you some free drinks and free chips and they say go at it well not a single s. And p. 500 stocks down over the last 10 weeks today was the 3rd straight day with over 6000000000 shares traded on the nasdaq all of which have been higher than any day in history to put that in perspective from 2009 until 2020 there wasnt even a one day with 5000000000 shares theres no connection between the economy and the stock market now thats not abnormal theres usually a lag between the 2 main street can collapse and then stock market can start moving up based on anticipation of main street or the economy picking up and sometimes the stock market will go down before the economy does because it has this ten
1800743cnbc or tweet me jimcramer. Sometimes this market can be incredibly difficult to navigate, because the crosscurrents are so powerful and so crushing. Today, for example, the averages got slammed by a wholesale collapse in the commodity complex, especially oil. But then the republicans passed their Obamacare Repeal bill in the house of representatives in the afternoon and we rebounded. The doubt ultimately sinking six points, s p advancing 0. 06 , nasdaq edging up 0. 05 . It was like there was no session at all. Whatever your opinion of the health care bill, wall street likes it. Because it contains tax cuts and demonstrates that Speaker Paul Ryan can actually do his job. You might have expected the market would roar on the news. Nope. The broader economic backdrop is just too grim right now. With the fed set to keep raising interest rates, right when business seems to be slowing, and its too dangerous to go full hog on stocks when the Labor Department announces its employment re