You have it right but would add that Januts is the most clueless fed head ever. That includes the 1928 fed and that is truly something I thought could not be duplicated. Januts will bring down the democrats the very rats that sold us out. They think they can baffle us with bulls--t and most will buy it for a time but time is running out
Januts gets a pass for one more day then what. You think no action is somehow going to start a new bull market. A .25 move up down or not at all is meaningless unless you believe Januts and think the economy will fall apart with a .25 move. that's basically what she is saying. so we are so weak that that's all it will take to tank the thing. Wait until non earnings come out and let's see how right she is. I'm betting on Januts -- like she said we are in deep do do...
Really want to test that theory. You might get your chance shortly when the whole debt bubble starts to deflate. The fed has already lost control and is speeding off a cliff. Your recommendation is to step on the gas. Nice thought process on your part. Amateur hour is when you decide to hit the gas pedal when going over a cliff. You must know Thelma and Loise.
Bottomless pit- That's what all the delusional fed believers think. Why are the big traders so bold with their recent short additions. You think you are smarter then the commercial shorts. Bet you won't be posting your apologies in a few weeks when the whole debt bubble begins it's relentless grid to the ultimate bottom. The wave can't be stopped by printing ever\n if you send inflation up over 50 percent. You think once inflation starts and the fed loses all control that printing even more will save you.
idiot they can't use them. What you call tools are just buying bonds to drive down rates which is what they always do. Your bottomless pit is where stocks are going. You did not mention the one thing they could do in complete desperation. since you don't have a clue what it is your comments are useless fodder to feed the bulls luring them over the cliff. If you figure it out state it here. if not see you at the bottom of the SPX .
He the environmental president. Him and #$%$ have burned more jet fuel than any 2 in history. Actually he is a friend of the oil companies too.
you can side with the delusional or side with reality. we are in a bear market and the fed is powerless to rescue it. They have a quarter of a bullet left. negative rates would destroy the place and a sign we are in a depression not recession. Reality has a funny way of destroying the delusional. Short the market the fed is toast
Apparently many people are smoking the fed pipe. The fed has reached a point where they can no long effect things. Ya a days rally for fools but it gives the traders a chance to unload and short. Facts have a funny nasty habit of getting in the way of dreams.
for a bear market. stocks at multi week highs. economy good using their numbers. president says economy good.jobs by their number look great. Then why can't we take a .25 rate hike. REASON they know it's all a shame. they are in the tank to the politicians and can't have a market crash now. Some facts-- earrings are contracting-good jobs are now replaced by low wage part time work.record food stamps. so let's look ahead--they are still trapped by their own words. they still claim more rate hikes are coming. they won't come boys and girls. every excuse in the book will be used. reason simple-- if the economy can't take a rate hike that small what will the market do with falling earnings. fed can only announce no rate hikes once a month. that might play well for a day or 2 but the real economy is about to show its face. Plus the real kicker the more they delay the closer to the election. when things start going down the real trap will be sprung. Rate cuts then but it will be way too late. They have to wait months to change course or they have lost all credibility
I don't do weekly options just leaps. Cut back last week now ready to add again. Will add on the open. Perfect spot to start puts or add to what you have. They rescued it at 550 actually it was as low as 538. Not this time.
gunning for 500 and they will take it out. Give it 5 weeks and it kisses 500--maybe sooner if all goes right. Now you have a specific trade you can mock me on if it does not work. You won't have to guess. I have puts and they are long dated and out of the money so there you have something to site. If it takes more then 5 weeks the long dated puts give you room AND you can hold on for some for the really big implosion. After 5 weeks decay will start to hurt. So it's 5 weeks or pain.
It's over --MARKET just did the cross over. SELL SELL SELL Futures are up but it's over now. Better sell right now. You were warned about the up move now I'm warning you that it's over. GET OUT FAST
night after night day after day we see the same thing. Strong buying across the board. but we still have those who have mocked the longs for weeks on end. You will never learn the market is in run away mode.