Friday, March 11, 2011

The US Stock Market Opens Flat, Despite the World Going Down the Toilet

The US stock market opens only slightly down. Nasdaq has already turned green.

Japan had a mega earthquake, Libya is in turmoil, Saudis are protesting, the US government is bankrupt, so let's bid up Neflix!

Makes sense, doesn't it? The economy is expanding rapidly. (Thanks, Ben and PPT.)

The stocks that are levitating on my stock screen:

AMZN
NFLX
AAPL
....

Wow the entire screen lit up green just now. Thank you JPMorgue for buying all the Emini futures. Now all the indices are GREEN.

I hate to think how many millions of dollars of taxpayers' money got just blown to achieve this miracle.

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