Why Is the Stock Market Up?

At this time, the Dow Industrials is up 210 points. The trading for over 30 banks has been halted. Is the bank collapse happening in real time as the market is manipulated?

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Hammers Thor
1 year ago

Yep… I was wondering the exact same thing. I think the collapse is happening right now. We’ll see what kind of jujitsu the fed tries next.

OPM
OPM
1 year ago

Sure looks like it collapsing: Trading temporarily HALTED in dozens of banks after shares fell by up to 75% when market opened at 9.30am -- moments after Biden said ‘US banking is safe’ -- as contagion spreads to heavyweights Wells Fargo, Bank of America and JP Morgan. …AND ITS GONE! https://www.youtube.com/watch?v=_nVk25ZvTkU

Arch Stanton
Arch Stanton
1 year ago
Reply to  OPM

That’s because a wise man would believe the exact opposite of anything Biden or the Fed says. It’s a formula that works everytime.

Joe Blow
Joe Blow
1 year ago

Free money from the fed is guaranteed.
The banks won’t fail. Deposits are secured. Thats Oprahs money! You think potato head is going to hurt her? Now the rate hikes that were priced in will be put on hold. Buy baby buy.
Until tomorrow.
Fed meeting this week where they will say something, amd the market will movee. Then they’ll try to walk it back, and… jerk your chain a little more.
Get your money out now.

Al Buckner
Al Buckner
1 year ago

Isn’t it strange that all the top bank officers sold their stock before the collapse? Would that be considered insider trading? Of course California may have a different set of rules for that. The middle class tax payer will pay for the collapse, even if they claim it won’t, they figure out a way to screw us. They always do! That’s why I rid of stocks in IRAs and use Gold/Silver as my way. Then stack gold/silver on the side to use when they decide to pull the dollar from use, because of the digital transfer. When that happens, look out for the little guy to get crush and become a real live bolt. Not to store data but work as one.
Watch when the digital format takes place in the European countries, then we will be next. Already being used in two countries.
I AM STACKING, STILL NOT TRUSTING MY GOVERNMENT AND PRAYING NOT TO MISS THE RAPTURE.
Be Blessed Everyone and Hope/Pray For Trump in 2024 To Recourse Our Country. Most Of All Be Ready For CHRIST Return.

Billmil
Billmil
1 year ago

It up because institutional investors are thinking that Powell won’t raise rates. Companies and investment houses love cheap money.

The big problem is any injections of printed money will only fuel inflation more. The idiots in D.C have painted themselves into a corner.

Citizen Joe
Citizen Joe
1 year ago

Plunge Protection Team?