The proverbial calm before the storm. Arthur Cashin, head chief of floor operations at marinating iced cubes, says the market is consolidating recent gains, but has a 75% win rate ahead of Fed meetings, historically. I don’t have the time, nor the inclination to fact check this. If he’s drunk and just rambling out random falsehoods, so be it.
You and I both know, Arthur Cashin doesn’t give a shit what you or I think.
Lastly, he mentions the BOJ and Fed meetings as potential markets moving events for traders and catamites alike to keep a watchful eye on over the next few days.
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Gotta love a half-avg volume computer-only fed-programmed predetermined-outcome (toofar-toofast) (overbought) (freemarket-deathpains) trading environment
so your on the wrong side of the tape?
more pain trade is the reason for the season
You and I both know, Arthur Cashin doesn’t give a shit what you or I think….unless you buy him a drink
I’m more referring to general lack of liquidity, volume, trading power.
obvious to me (a few years ago) the force behind index movement
and dude.
going up a hill
requires lifting and work
stockwise? not gonna happen with all current factors w/o
a bigger force
at work