I like reading ZeroHedge.com - it seems to be a credible site exposing market manipulation. Unlike other such sites it appears to be written by an heavy hitting anonymous insider. The site recently transitioned from blog to full-fledged site with forums. In the forums, I found a plausible account of how this fake rally may have come about:
http://www.zerohedge.com/forum/how-hank-and-ben-initially-rigged-market-rally
As individual traders, we don't have access to the kinds of inside information that would allow incredible guaranteed gains, but we do have access to volume information and price action, which don't lie. Well at least as long as there aren't too many "Dark Pools"!
A good example of the telling power of volume and price is in AIG this week. Some big players piled into this stock for some heavy hitting upside. It also makes me think of making more use of the Najarian brothers strategy, when they look for unusual call or put volume -- these kinds of things reveal the tracks of the "smart money", sort of reverse engineering what the big movers and the "people who know something" are doing.
Stock Forecast: Here’s How Tesla (TSLA) Stock Gets to $700 Per Share
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How can Tesla (Nasdaq: TSLA) stock double? In the segment from the ‘AI
Investor Podcast’ below, Eric Bleeker is joined by 7Investing Founder Simon
Ericks...
8 hours ago
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