There are NO markets today....................from Rico

There are NO markets anymore, only interventions.

- Ann Barnhardt said it even better, though:

"If you're still in these markets you're either stupid or on drugs."

 

With markets "run" by machines programmed to 'interpret' headlines, and algo's to 'do the math' with the data run through computers with high-frequency trading programs, there is neither "price discovery" nor explaining moves up or down....except for centrally-planned "policy."

 

Only a fool would trade under current conditions.......