You are ignoring that earnings are expanding and interest rates even +1% are still quite low. My best guess is US indexes go up 15-20% in 2018. Trump corporate tax cuts don't hurt either and if he backs off in the cancel NAFTA nonsense that drag on markets will disappear. If NAFTA falls apart or the US ruins it's trade relationships with numerous countries, then I think markets could drop. I'm thinking even with a nutter in charge cooler heads will understand the right path on trade. We'll see.
And there it is....fed bows to wallstreet once again.... raising GDP estimates...haaa. what a joke...they had to say something positive to keep wallstreet happy.
And there is your afternoon volatility !!!! Let's see if gains can hold. Sell if you have any pretty profits prior to the fed announcement.
Fun fun fun.....sold 5 out of 8 longs right after the announcement that I bought on Monday Added LABD at $3.12 Added TVIX at $7.15
Again, you don't understand the role of the Fed and it's relationship with stock markets. Wall street doesn't need anything from the Fed to be "happy", earnings expansion is very real the numbers don't lie. Here you are bitching about the Fed again and they've outlined a series of rate hikes over several years. In 2015, you said that ONE rate hike would tank stock markets 40-60%. At what point do you finally understand you simply don't understand any of this.