DOW futures now off more than 200... Im waiting for the open to sell some of my short positions off.... DWTI being one of them
Not really convinced of the short case at all tbh, this really could be seen as good news for equities...
HAHAHAHAHAHAH HAHAHAH now they are predicting the next rate to happen in MARCH of 2016.....fu$king FOOLS!!!!!!! As I said this economy is worthless and the fed has lost every OUNCE OF CREDIBILITY....I will keep saying the fed has no clue where to go, they are stuck, the next crisis and 2008-2009 will look like nothing even happened...they must be scratching their heads now wondering if that so called rate hike in December is actually going to come.....wait they are thinking something NEGATIVE INTEREST RATES AND MORE QE!!!! that will save the markets once again!!! HAHAHAH Fed funds futures plunged after the weak September jobs report, with the market now pricing the first better-than-average chance of a rate hike in March 2016. According to the CME Group's FedWatch tool, markets are now pricing a 5 percent chance of a rate hike this month, versus 14 percent previously; a 30 percent chance in December versus 44 percent beforehand; 42 percent in January versus a prior 52 percent; and 51 percent next March. The U.S. economy created 142,000 jobs in September, a number that badly missed expectations. Read MoreWhat's the real unemployment rate? While the FedWatch tool pointed to a March rate hike, RBS said swaps data suggested the market was pricing the first rate hike into June of next year.
-240 OUCH!!!!! no one saw this one coming wonder if tom lee is buying equities today that bull must love these job numbers this morning
Not until correction runs it's course. Once markets bottoms it will be a lot more evident, so far bounces don't have legs, just being sold into, which is a classic strategy within a down leg.