Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. S2007S

    S2007S


    Not short nflx if you want to short FANG stocks you Have FNGD but I wouldn't buy now, if any other FANG stocks show great earnings like Amzn or apple FNGD will be back in the high teens. I sold off my shares of FNGD around $20.75-$20.80, trading now of course at $21.20+
     
    #22401     Jul 18, 2019
    noddyboy likes this.
  2. Sell off....what sell off......Hungry buyers to the rescue.
     
    #22402     Jul 18, 2019
  3. And there it is...just as I thought. So easy making free money.


    FOMC Jaw bone.png
     
    #22403     Jul 18, 2019
  4. S2007S

    S2007S



    You beat me to it. Was just about to post that hilarious headline!!!

    After reading the article i find that I don't think there has ever been a time where the need to lower interest rates in a booming economy has ever been yelled out so much.


    Rather than keep rates elevated to give central banks room to cut in the face of a crisis, Williams said the proper move is not to “keep your powder dry.”


    So basically let's just cut rates to zero and keep them at zero forever. If there is this much talk on all this dillema then let's just push rates to zero percent and call it a day. I could see if rates were at astronomical levels, but seriously they are just above 2% which considered historically low. What is this worry all of the sudden?
     
    #22404     Jul 18, 2019
  5. noddyboy

    noddyboy

    Watching CNBC, a lot of smiles and smirks at the rally today!
     
    #22405     Jul 18, 2019
  6. S2007S

    S2007S

    This was the "reason" for the turn around before the close.....pretty funny to believe the fools on wallstreet are hyped that the fed may give them 50 basis points after what the fed president said today.
    Not happening, hope there isn't a huge disappointment, they are still getting the 25 basis point cut. I mean that should be a little entertaining for them, right. Clears room for more rate cuts throughout the rest of 2019. Why give away all the presents at once when you can hand out gifts all year long!!!!

    The indexes turned around in the afternoon came after New York Federal Reserve President John Williams said the central bank needed to “act quickly” when the economy was slowing and rates were low. “It’s better to take preventative measures than to wait for disaster to unfold, ” he said in a speech.

    After Williams’ comments, traders increased their bets that the Fed could go deeper than a quarter-point cut at its meeting in late July.


     
    #22406     Jul 18, 2019
  7. Overnight

    Overnight

    Can anyone guess where the market will go if on Jul 31st the decision is released, and rates remain unchanged?

    You get two guesses, and up is not one of them.
     
    #22407     Jul 18, 2019
  8. The reelection cycle is in play. Trump has set it up in spectacular fashion. He has the FOMC in his back pocket, he has China also. He knows at the first sign of the markets really crashing he has levers to pull. Buy the dips and get paid, You can short just have your stops in place.

    Its easier to buy the dips and trade in the direction of the trend.
     
    #22408     Jul 18, 2019
  9. S2007S

    S2007S



    To be honest I cannot see him winning reelection only because in all my life I have never seen so much hate and disagreement towards a president, I mean there has to be tens of millions of people who are going to vote democratic just because. I would be completely baffled if he won and I'm very neutral on who's next president, but I just can't see how he can get votes after seeing continuous bashing of him by millions of people. Yes he does have the fed backing him up since earlier this year so that's a plus one for him but everything else I notice has him getting little to no votes on the next election day
     
    #22409     Jul 18, 2019
  10. S2007S

    S2007S


    I can't give you an answer or guess because they are definitely 9999999999999% cutting rates!!
    Not 50 basis points but million percent+ it's going to be a solid 25 basis points. No way no how they don't cut. They have to at this point.
     
    #22410     Jul 18, 2019