Another look at last weeks Monster Rally
The setup:
In the linked video you'll find Fox News reject, Shepard Smith, setting the bear trap, with some fake news, on May, 20th, which just happened to be May Options Expiration. Notice the "markets in turmoil" headline, and the bear market theme. There's no other reason I can think of to run a story like this, unless you're intent on stealing investors money, because they could just as easily report the truth.
After weeks of sell-offs, stocks dipped in and out of bear market territory today. The major indexes all rebounded after the dramatic midday plunge, but growing concerns about inflation, the war, and a possible recession clearly have investors on edge. @SaraEisen reports. pic.twitter.com/02t0gjPd2e
— The News with Shepard Smith (@thenewsoncnbc) May 20, 2022
And I'm not the only one who sees what looks like an attempted fraud being perpetrated against an uninformed public.
You FRAUDULENT pieces of ๐ฉ #CNBC Just couldn’t help yourselves by not being freaking HATERS huh?! God forbid retail make money!๐๐พ Sick of you bastards! #SquawkOnTheStreet $GME You forgot to mention it ran YESTERDAY too, misleading mfs! pic.twitter.com/NFkyBKO3kh
— ๐๐๐พRereTaughtYou๐๐๐พ (@MissezOfficer26) May 26, 2022
CNBC fails to mention a lot of things, such as the fact that every Options Expiration Day is rigged. In fact I've seen them go out of their way to try to debunk the idea.... but anyone who's been paying any attention knows Options dates, and light volume trading holidays, are prime time for market manipulation. Knowing this, helped me call last weeks bottom in tech stocks, more than 2 weeks ago!
$TARK - Notice how the lying financial fake news stopped showing $RKK chart? Think they don't know it's been trending up for over 2 weeks?
"Look here, not there", as we continue to report from Davos!
Back to the Energy Trade:
Energy stocks close at all time highs - on yet another weekly OPEX, and contract expiration.
$Oil service stocks - coincidence?
Wow.. @stephenLweiss is back in $CLF... @jlebenthal @HalftimeReport #CNBC pic.twitter.com/BpDRbvf34Q
— Jimmy Slamat (@jslamat) May 27, 2022
Many so called pros, and money managers were completely blindsided by last weeks rally, because they have no technical skill, and these bozos will be looking for a new line of work soon, if they're caught fighting the trend in a bull market.
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