- US stocks closed higher on Friday buoyed by optimism over the pace of vaccinations.
- Risk appetite returned as a heightened pace of the vaccine rollout promised by President Joe Biden suggested the economy was headed for a reopening.
- Oil prices edged higher following news that it could take weeks to dislodged the container ship blocking the Suez Canal.
The Dow Jones industrial average led US stock higher Friday as optimism around the economic recovery was boosted on the back of an accelerated pace of COVID-19 vaccinations. The Dow closed higher by over 450 points. Thus far, 25.7%, or 85 million Americans have received at least one dose of the vaccine and 14% or 46.3 million have received two doses. President Joe Biden pledged this week to double his administration’s original goal to 200 vaccine doses in by his 100th day in office. Energy producers and health care companies outperformed their peers on the last trading day of the week. Bank shares also rose after the Federal Reserve Thursday afternoon announced that banks can raise dividends and resume share repurchases after June 30.Here’s where US indexes stood at the 4 p.m. ET close on Friday:
- S&P 500: 3,974.52, up 1.66%
- Dow Jones industrial average: 33,072.45, up 1.39% (452.97 points)
- Nasdaq composite: 13,138.72, up 1.24%
Nick Note: Here is where market intelligence is so important. To gain the aforesaid intelligence takes resources, money and analysis. Nothing in the above story is anything that has not been in the markets for weeks. Here is the real story. Hedge funds are no longer traders… But market manipulators. They are not using their vast resources to analyze economic data. That is a failed model. Year over year the vast majority of hedge funds lose money or at beast return the 10 year treasury rate. The problem is the pool of talent has been reduced to PC correct people with a lefty grenniewinne LGBT agenda. Hiring people because they are Gay of color, perceived as oppressed minorities, under paid and under represented females does not necessary give you the best talent pool. SO hedge funds have become market manipulators. Unfortunately that only works for a short time. Take the trade we are in. Fundamentally we are in a massive restart of the global economy. Their is no discussion its a facy. In no small part due to two things. First the miracle of the mRNA vaccine…. a game changer. Second MASSIVE and i mean Massive stimulation efforts by the G20 countries. Add to this the greatest savings rate and record cash on the sidelines its not rocket science to see what is coming. I the meantime here comes the hedge funds to go against the fundamentals. By using their massive leverage and vast computer market execution resources and their media footprint to create massive internet media spin they have been able to stall the stock market rally. Key word here is temporarily stall the rally by creating market uncertainty and confusion among investors. Now a unenlightened person might consider that as bad. But au contraire, its the best situation in the world for us. It means we have gotten lower priced positions and and and it insures a bigger faster upside rally. Now as to Fridays market action. Price discovery is an important part of what we do. Not only the price but how the market arrives at that price. Often times this is farm more important then daily or even monthly swings. Fridays market is a concurrence of key events and once again demonstrates the present sorry state of the Hedge funds. They have become little more than temporarily driven market manipulators. Hedge funds employ massive computers to enable them to simply manipulate markets. using algo based high frequency trading. The present manipulation gave us the KEY beginning of March 10% correction and the long term market bottom. The violet swings we are now seeing in stock indices are a classic bottoming event. Now stay with me here. The majority of traders from a ethnic stand point are disproportionately JEWS… Like it or not, PC correct or not that is the fact. And the majority of advanced mathematicians are disproportionately Jews. See we have a massive advantage by being free of PC stupidness. Spain became a world power because it defied the PC of the time that the world was flat and the earth was the center of the universe. By understanding the world is round and the sun is the center of the universe navigation to the new world was possble. Wall Street is hand strung by the PC correct trading and hireing people of color, females at the switch, equally pay equal power LGBT PC correct employment and Grenniewinnie trading strategies… PC on Wall Street makes their quest for long term profits a failure… Political agenda trading is a recipe for failure. Putting people in control with a profound lack of talent to right perceived social wrongs is a feel good useless stratagey. Besides being a stupid narrative for sure. But insider knowledge free of PC constraints gives us GREAT success and trading edge. If you hire PC correct people and not the best talent your results will suffer. Now back to Fridays price action. It is settled business that hedge funds are taking the market against the grain and desperately attempting to stall the inedible massive coming stock market rally. To facilitate the aforesaid manipulation they are using algorithm based high frequency trading in a desperate attempt to keep a lid on this market as long as possible. Most of the trades are super computer algorithm driven trades. And the reality is most of the people running these hedge age funds are not market analysis but mathematicians. High level PHD types who are disproportionately Jews. And this weekend is Passover. Outside of Israel Passover is two days Sunday and Monday. Many of these algo traders are religious enough that they will not work the Sunday Night session and will miss all of Mondays day market. So they neutralized their trade book on Fridays close as i expected. And you saw the rally on the close. This is really good for us because it proves the hedge fund manipulation and the fact that their manipulation will soon fail. Now do not misunderstand the Jewish component. I owe my success as a market analysis to JEWISH mentors who realize i was gifted and took me under their wing. From Herbie Gutstein , to Abe Gerstein, to Tom Rubin to Danny Rosenthaw to Milton Freeman to name a few. i found my Jewish mentors to be brilliant, incredible generous, giving people. To my antisemitic Nazi friends. You are right about one thing. You should fear the Jew he will fuck you in ways you cannot imagine… it will not be a fair fight!. They have defeated their enemies throughout history conquering every mighty empire…… And mostly by trickery. The latest your blood brother Adolph. The Jew is smarter then the majority of people on the planet, better funded. better educated, far more manipulative and i believe blessed by GOD. They do dominate science, medicine, economics, banking and the legal profession. While the masses teach their kids nothing useful. Who are usually raised in poverty by a desperate mother (also a fuck up) alone who is powerless to stop them from fucking, fucking up and getting stoned. The Jew (among the most prosperous) marry, discipline and force their kids into business and/or higher education…….. As a foot note their are many very smart Jewish fundamental analysts usually trading private trade books.