Dow: Distributions Continue

On June 5, 2020 a long-term process was started to distribute large quantities of stock from hedge funds, banks, brokerage firms and Market Maker trading accounts to retail investors, pension funds, etc. Within the Dow 30 group, every stock has had significant distributions, as described by Richard Ney, during periods when prices moved sharply higher.  As the economy continues to collapse, many of the large block sellers on Wall Street will be out of the market and retail investors will watch the value of their investment accounts dwindle while stock markets decline.  The main stream media will be used to bolster confidence in the markets while pension funds are forced to sell when prices drop and they cannot meet their obligations. This process is no different than what occurred prior to previous market declines, such as 1929, and 2008.

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