Johnny_Nickles

Brokerages going to $0 fees creates a red flag in my head

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Greedy people do not give things away for free. The 1% are a perfect example of greed and they hoarding ridiculous amounts of cash. As opposed to paying their employees a livable wage they buy back their own stock to artificially make the price go up. Last I checked $1.1 trillion in stock buy backs and growing. This artificial value of "bought back" stock makes their investors more money so they can hoard it like Scrooge McDuck. Rinse, repeat.

Google and Facebook don't really have a product to sell you; they provide most of their services for free. As we learned earlier in the post, greedy 1%ers do not give things away for free, they collect your behavioral data and sell it to the highest bidder. Which brings me to my main point, I suspect these brokerages are collecting your trading patterns and selling them to the highest bidders. Your trading patterns are plugged into a HFT algorithm and designed to create fear and anxiety and take your money. Secondly, if they change their price to $0 commissions they want you to make lots of trades. Most retail investors only understand how to go long or buy stocks; they are uncomfortable shorting the market. The 1% want you to buy artificially valued stocks while they crash and they also pay for fake news to make the company look strong. Third reason they are changing to $0 commission is to hold your idle cash and lend it out at a higher rate than they give you; a much higher rate. Schwab has a very large banking operation and they want to hoard your cash and lend it out to make more money. When I see $0 commission I see desperation not value.

Our Federal Reserve system disperses dumb bets from our greedy 1% friends to the American public via inflation and bailouts. The 99%, or you and me, are left holding the bag from failed attempts of being more greedy or bad bets. Our financial system was built by the 1% to benefit the 1% via taxation. When they are giving you something for free that has value don't be fooled, you are the product. They are selling you to the highest bidder while they take your money via HFT. Our government and financial system is corrupted by money and they are shitting on us.

This election cycle is not about left or right, it is about right and wrong. What is being done to the 99% by the 1% is wrong. I am a capitalist but I also have a good moral compass. Our financial system is morally wrong. How would you fix it?

Lastly, since the stock market is 100% manipulated by stock buy backs and the creation/redemption process in the EFT market I suggest using the CICO Report in the public indicators on Tradingview. The CICO measures the running sum of new money into and out of the stock market. Don't let the fake news about trade wars and impeachment run your portfolio, be logical and use math.

I have no affiliation with any financial or news organization. I am just a pissed off American that rejects this greed and corruption. I hope the CICO helps you make money. I want to you take as much money as possible from those greedy dickheads.
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