The drawdown was due to interest rates rising though right? I cant see that happening for a while. With the debt likely to increase, they will most likely try to inflate the debt away, which will be great for indices. In my opinion.
I don't have a clue what will happen with the stock market (hard to say, in my view). But if there are new tariffs, inflation and interest rates should go up - or so thinks the market at this moment. Then again, with the new administration you never know, you could see inflation go up, Powell raising rates to fight it... getting "fired" for it (I think he cannot fire him, but could probably force him to resign anyway) and the new Fed lowering rates while inflation keeps going up??? I'm not saying it makes sense
Well well, what a face-,melting rally!!! congratz, V-man! I missed it all. Just checking screen now. Unreal move. 7k es soon?? edit - i do actually have a very small DIA long that should gap up very nice indeed. Gonna try to hold it for a swing. ym seems to be in the most relentless trend up out of the 3 I watch at the mo
These are the biggest movers for today : BTC - 8.5% copper - 4.2% ZB - 2.7% dax - 2.5% Euro - 2.3% ES - 2.3% Gold - 2.1% PS : For today, there are quite a few hourly traders!
Opening bell in a few minutes. 1) Attempt to close this overnight gap, 2) small range up and down or 3) moonshot?
This is a rare opp where you might want to take a gamble shorting incase it reverses. Good 0DTE lotto type day.
Where will they protect QQQ with the V? Could it almost all fade and try back to 494-495 or will it be saved around 500 level.