Re: Financial topics
Posted: Fri Mar 23, 2018 11:29 pm
Mark D Cook's blog is no longer. He used to have a free weekly summary that noted Fed manipulation and what days and times it was done the previous week.
Generational theory, international history and current events
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..was he,.. Blue Pilled..!?Higgenbotham wrote:Mark D Cook's blog is no longer. He used to have a free weekly summary that noted Fed manipulation and what days and times it was done the previous week.
When he was doing the blog, he was also doing daily updates for clients at, as I best recall, 5K per month. I don't know what happened to him, or if he still does that. If I had to guess, my guess would be that he decided to retire from the rigors of the market and devote his remaining time to serving his family and community. A gander at his twitter page sort of indicates that.FishbellykanakaDude wrote:..was he,.. Blue Pilled..!?Higgenbotham wrote:Mark D Cook's blog is no longer. He used to have a free weekly summary that noted Fed manipulation and what days and times it was done the previous week.
..or merely Blue Collared into super profitable seminar serving?
S'all good, man...
Once Cook became confident in his trading abilities, he entered several market contests, registering an 89 percent gain in a four-month competition in 1989, and 563 percent and 322 percent returns in back-to-back annual contests beginning in 1992. His annual returns in the six years since then have ranged between 30 percent and a stratospheric 1,422 percent. These statistics are based on defining percent return as annual dollar profits divided by beginning year equity, a conservative definition that understates Cook's true performance, because he frequently withdraws profits from his account but never adds funds. For example, in his low-return year (based on our definition of percent return), his withdrawals during the year exceeded his starting capital. Cook provided me with his account statements for his most recent four years. During this period, he was profitable on 87 percent of all trading days, with one-third of the months showing only winning days.
https://www.markdcook.com/barnyard/589Lately, the S&P futures reminds me of pushing a loaded wheelbarrow. Pushing on level ground is not a daunting task and if you become tired you can sit the wheelbarrow down and rest. This market reminds me of pushing a wheelbarrow up hill. The exhaustion occurs and you cannot sit the wheelbarrow down because it will slide down the hill. We are now in a market environment whereby the hill is steepening. Healthy markets will have to have a pullback to cleanse themselves of the stress of manipulation.
https://www.markdcook.com/barnyard/651The entire month of July had not had a 30 point decline in the S&P futures as of Monday. We closed on the first day of July at approximately 1606. The only way that a market can act the way this July has been, is by incredible manipulation. I personally do not understand why it is so critical that the stock market be held at this all time high numbers.
https://www.markdcook.com/barnyard/651The S&P was literally pushed above 1700 Thursday and the tick was not showing any signs of institutional activity. We never saw a plus 1000 tick in a day that took out the all time highs which should have generated a high plus tick. I have seen control but this is getting ridiculous that no free market is allowed to exist anymore.