Loading ...The fangs are in the beginning of a controlled correction. Any time a major stock has a bad day, AAPL or MCD for example, other stocks pop upward that day for little or no reason so that the averages are not disturbed. Anytime a goosing effort is too weak to move the averages up the Russell 2000 is strong. Why? The stocks in that index are so thin, they move out of proportion to even a small amount of stimulation. The phenomena of of averages taking turns being strong and weak in pretty new in the over all scheme of things. Just a few years back, the indexes were in sync all but a few times per year. These things are all dynamics of manipulation. The algorithms are very complex but what they accomplish are very simple. Feign weakness to draw in shorts. Keep the volume down and volatility low. If stocks are too weak to move all together, move one index one day and another the next. All of this is much too cute to be anything but intelligent design.
Central banks will increase their buying of equities if stocks start to sink. When someone starts talking about punch bowls, it is important to know who is really drinking the punch.
There is always a chance the general public will discover how much and by whom they are being fleeced. That would make a difference but it is unlikely to happen until more people start suffering.