Today's fed minutes will catapult the markets straight into the close...an easy 1-2% rally after fed minutes are released....the fed has bowed to wallstreet like they always do. They are extremely dovish and as I said for quite sometime they will halt raising rates and give wallstreet what it wants. The fed funds rate would have been at 3% + by end of 2019 but they too alllllll rate hikes off the table for 2019 to give wallstreet what it wants. Once again the next crisis will bring rates negative, no one believes this but with the fed halting interest rate hikes once the crisis comes the fed will have zero room to knock rates down since they are already at historical lows....if all these earnings and gdp growth is so spectacular then how come rates are still at 2% when they should be at least 5-6%....the fed is backing into a corner because wallstreet always cries like little bitches when the fed is so hawkish, that's why for over 30 years the fed has been dovish. They can't afford to lose credibility. There will probably never be another hawkish fed again. Powell was close but after his Dec/Jan stance on keeping rates he's just like Greenspan. Bubble ben and yellen. He's now joined the most dovish group of all time....wallstreet once again. Got what it wanted...
Translation : You failed to make any money on the recent move up in markets ( again ) and want to whine about it.
Hey I made some good money on that last collapse, still buying short ETFs on every few hundred point rally in the Dow, about to add more SOXS under $7.00....im going to keep on buying short ETFs,...this market has nothing but air underneath it. Recession is coming do!!! My last position was TECS at $18.90 last week....I'm going to continue to add and add short ETFs.... Those short ETFs catapulted after I bought them in december, did you no see drip move up 100% ...and TvIX move up 100%??? I'll be here when the s$p is at 3000 and I'll still be here when it's under 2000!!!
I will guarantee trump completely backs out of this tariff talk or pretty much lightens up on all that rough tariff talk he's been talking about for months!! China will win once again....if trump was going to implement these strong tariffs he would have done so by now.. New US tariffs on Chinese goods will be 'catastrophic' for global stocks: China media Citing unnamed analysts, Chinese Communist Party-run newspaper Global Times says in an editorial that if "the US imposes more tariffs on Chinese products while China responds with fiercer countermeasures, it would be a catastrophic strike to global stock markets." U.S. President Donald Trump has frequently cited the American stock market's performance as a gauge of his success. The S&P 500 is up almost 10.9 percent so far this year, while the Shanghai composite has gained more than 10 percent. https://www.cnbc.com/2019/02/20/any-new-us-tariffs-catastrophic-for-stocks-china-state-media.html
Remember yesterday I mentioned 45,000-50,000 Dow by Xmas well this guy is saying 30,000 in April..... This is extremely exciting!!!! Opinion: The Dow Jones Industrial Average, at the current pace, is on track to hit 30,000 in April https://www.marketwatch.com/story/t...-is-on-track-to-hit-30000-in-april-2019-02-20
This is quite amusing...will never know if this would have held true ... Trump says ‘stock market would be down 10,000 points by now’ had ‘the opposition’ done this By Mark DeCambre Published: Feb 20, 2019 8:07 a.m. ET SHARE A 10,000-point drop in the Dow would equate to a 55% drop https://www.marketwatch.com/story/t...ad-the-opposition-won-the-election-2019-02-19
Very interesting... should be interesting to see how this Elliott wave theory holds up https://www.marketwatch.com/story/a...s-according-to-elliott-wave-theory-2019-02-19
It will be more then fast and furious... The biggest sell-off in market history is brewing Word is wall street is almost done with unloading most vulnerable bonds, everyone has PUTs ready, firms loaded up on stocks and lots of sp, to add ferocity to sell off. Look at HYG Open Interest for Out Of Money PUTs, just for March 19. When you read articles like, ETF Junk bonds are back 1.2 billion inflow in January, behind the scenes something different is playing Option trading will lead the bears to the promised land! Go check HYG March 19 Open Interest then tell me what you think is happening