Wednesday, January 17th, 2018

SPX is touching 1100 which is an important level, if we close above that is very bullish. The market is looking much better now. But lets not jump into excitement. I have seen too many sell offs in the last 3 months when Financial Reform Bill was being debated around including a flash crash on […]

Senate passes Financial reform Bill 59-39 national anger  pours at  Wall Street. The Culture of Greed perhaps has come to a halt. This is a comprehensive sweeping reform the biggest since Depression Era of 1930s. Watch the video. [FLOWPLAYER=http://indexoptionstrading.alliancemtg.com/wp-content/uploads/2010/05/2010-05-20_WSTREET.mp4,570,350] According to Huffington Post ” In its broad sweep, the massive bill would touch Wall Street […]

The stock market had another horrific sell off as Senate nears a historic vote. Here is the quote: “Senate Majority Leader Harry Reid predicted that several Republicans will break from their party tomorrow morning, likely thwarting a financial reform filibuster. “A number of senators, Republican senators, have told me they will vote for cloture,” Reid […]

Here is a fine movie by Oliver stone , Hollywood’s finest director in fact, it sums it all pretty good. Don’t forget to watch this one. Movie has its own timing which is where we are now in times and it is titled “Wall Street 2:Money Never Sleeps” . Just take out the word “Money” […]

There was a rally on Wall Street, not the kind where the stock market runs up on some buying spree by handful of hedgefunds and big players when they want to jockey it. This was a people’s rally where thousands marched on Wall Street in protest and demanded big banks to own up their responsibility. […]

Have you seen all crimson red on your screens when the market dives 200 points? Stocks were down 2- 20 dollars everywhere. VIX shot up 5 points and major indexes crushed under huge nasty selling programs. What a unified effort that must have been? Indeed. Just about 11:00 AM when the SPX was moving higher […]

Wall Street gathered more than $20B in bonuses in 2009 as recession plagued US While the whole nation was quagmired in a punishing recession Walls Street was back to its old ways. After being bailed out by your taxpayer dollars, they take huge bonuses while the country still rocks under double digit unemployment. I guess […]

Feds raised the rates today Feb 19, 2010. Stock market cannot ignore this. Wall Street’s reckless deeds under Bush and Cheney brought this country’s financial system to its knees and they can’t even ignore this. In fact they have not ignored this since last March 9, 2009. But they had a Temper Tantrum recently that […]

It wasn’t GREECE. It was GREED. It wasn’t the dollar carry trade it was sheer anger and revenge on our President. The climax of a heated battle between President Obama and the 50 or so FAT CAT Bankers who are now in jeopardy and  whose vagrant and irresponsible lifestyles  should soon be history. Greed on […]

Is this stock market crash of 2010? Looks like it is the way BIG BOYS on Wall Street are orchestrating this. This is a mini controlled crash, a crash where the participants are in control and they know when to stop the ball rolling. Right now they are stomping the market with both feet and […]