c-c-c-c-combo breaker: https://www.bloomberg.com/news/arti...d-says-it-will-begin-buying-etfs-in-early-may New York Fed Says It Will Begin Buying ETFs in ‘Early May’ The U.S. central bank expects to begin purchasing shares of eligible exchange-traded funds as part of its emergency lending programs in early May, according to the Federal Reserve Bank of New York. Lending through the Fed’s so-called secondary market corporate credit facility and primary market corporate credit facility via purchases of corporate bonds will begin soon thereafter, the New York Fed announced Monday on its website.
Thx, I'm scaling back out of inverses to lock in gains, learned the hard way "don't fight the fed" Would be great to know what ETFs they're buying, eg SPY dia QQQ or?
It is pathetic but anyway. I will not buy Trump will apply tariffs soon, just politic. Markets are not taking these seriously.
Yes I sold most of my inverses today starting with premkt gaps up, I still have a bit, very small size, in case market goes down. I'm glad I protected last weeks profits by going mostly cash today.
85% of the time the market is moving sideways and going nowhere. Only 15% of the time is a trend in play. Rule #1 - It's very hard to lose in a trend. so thats where I always want to be R:R needs to be as high as possible which only trends can offer. I've had 7-8 losses in a row, but just 1 win will recover double. . Every 3-4 months the market will trend up/down and those trades on monthly options can yield 5x to 8x. Using weeklies the return can go to 25x provided you are nimble enuf to get in and out at the right time. The downside is the long waiting time between the trends.
Thank you for your coaching. It is more and more a waiting game. And as a result I spend more and more time on ET.
there are different traders out there. you have to find your personality that fit with the market. when you said the market which market are you talking about? you can find trend anywhere (different type of stocks, bond, currency, future, forex, bitcoins etc.). you just have to know how to filter your trade and enter based on your signal.