It's amazing how symmetrical the up move and then down move was. It was like a bell curve. I guess it was Powell's commentary on stagflation that triggered it. Usually nothing positive ever comes from the Fed babbling on.
lol...moving the goal posts during the game. We were supposed to have 3 rate cuts this summer...August would be kinda late dont you think..lol Anyway.. THERE IS NO RATE CUTS..so it doesnt really matter where you move the goal posts
It was. Look at those 1hr candles for the naz futures. Anyways they are already walking up futures like usual. It will of course have to retrace again tomorrow and we'll see if we can hold the pump again. You will wake up and like magic the $3 overall drop in the QQQ will be gone.
I can picture you saying the same empty rhetoric when the market tanks another 10% from here: "The ATH will come, soon, believe me!!" V-man, just sell every damn rally and you'll be rich before you know it.