nothing like volatility.....told ya.... bought some QLD for a swingtrade, in at 82.95, looking to sell at 83.50.
This is bullshit; when fed minutes contraindicated from fed statements. What did I know? This mixed signals was great for swing.
inflation growing + economy slowing + consumer confidence tanked 2X in row + death of double digit gains after 4.5 years + market making new 4 yr highs + steepening yield curve inversion great combo = more upside 100%!!! The fed actually acknowledged inflation growing and economy slowing is disturbing. How are they going to spin that? Uh, we heard him say inflation and economy are glowing.. hurry, more upside before rate cuts.
bfft not a big deal most my stocks are down roughly 1%; other are breakeven or down slighly. Could be worse. Wall of worry time 2 start climbing
Blame bernake We were doing fine until the meeting and he began talking about inflation, the economy and rates