Cheaters

First, I'd like to thank my friend Carol who coined the term "cheaters". I would always call them insiders (the technical term) but one morning while having brunch with her and her sister, I was explaining what the insiders were doing, when she simply said: "they're cheating!" I totally paused after hearing that. Of course. They're just cheating! Duh... 🤦.

So, this blog tag is dedicated to the insiders cheaters.

Now, please explain to me why everyone, especially academics, think the stock market is a casino and everyone calls it "betting" when the following is true:

• The wealthiest 1% of Americans account for 53% of the country's stock ownership. They hold $16.76 trillion in stock, whereas the bottom 50% of Americans hold just $19 billion.
• The top 10% of income earners own 70% of the stock market.
• The top 10% of income earners own 10 times as much of the stock market as the bottom 60%.

So the top wealthiest, "savviest", "smartest" business people in the world are gambling in the stock market? Pffffff. No.... I don't think so.

The stock market is NOT a casino.

The stock market is NOT rigged.

However, it is jam packed with insiders cheaters. Within this tag I'll showcase how government bureaucrats, politicians, political donors, the ultra-wealthy and insiders cheat. Nonstop. Everyday. While you work for a living.

How do I know this? My 👻 ghost pattern identifies large stock moves before the news breaks. Which means insiders cheaters are getting in (or out) before the info is released to the public. Ever heard the phrase: "Buy the rumor. Sell the news."? Yeah, well, that only works when you hear the "rumor" from a insider cheater.

Stay tuned....