Pray tell me, isn’t it the job of the Fed to see stocks trading higher? Let’s not stand on sentiment here and pretend the Fed is supposed to ignore stocks. The job of the Fed, listen to me, is to see stocks higher.
This gent disagrees.
Fed went from 4 rate hikes to zero and from balance sheet reduction on autopilot to flexible. All in the course of 1 quarter.
Just pitiful.
The Fed is the market's bitch.— Sven Henrich (@NorthmanTrader) January 30, 2019
But no one gives a shit what he thinks.
I’ll buy stocks after 3:30. Gonna wait for the sugar high to wane.
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and Trump will make some sort of a deal with Xi to finish da bears off.
Well done, Jerome. Your holiday talk with Ben paid off.
Re-test the low fags real angry at the Fed. lol
I thought we would retest, but you gotta pay attention.
The signs that the market would be encouraged to go higher were clear.
I’m buying the “world’s largest collection of commercial satellites” which seems to me like the closest thing to an orbital space cannon I’ve ever heard of. Ticker symbol “I” Fly. How’d they get that. Just “I?”
Anyway Trump and all the pot smoke and with the billionaires getting all scared and shit I’m thinking “world’s largest collection of commercial satellites” is about to BTFO.
Bought some GUSH right after the Fed announced. Up 20 cents. I’m nearly 100% invested including leverage…I will add.
I don’t care what the Fed does as long as I’m on the right side of it. Cool, I say.
Fed put is back on. Go crazy, buy stocks.
‘from balance sheet reduction on autopilot to flexible.”
Sven Henrich and the marekt do not know what they are talking about.
Fed statement on balance sheet:
“The Committee would be prepared to use its full range of tools, including altering the size and composition of its balance sheet, if future economic conditions were to warrant a more accommodative monetary policy ***than can be achieved solely by reducing the federal funds rate.***”
In other words, no “quantative easing” untill we reach ZIRP.
also this:
“”active management of the supply of reserves is not required.”
-> Autopliot
Believe morons, or believe me and my **FED STATEMENT QUOTES**
source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20190130c.htm
Keep in mind, that I’m NOT advocating jumping in front of the speeding Bull train, just warning that the bridge repairs aren’t going as well as the conductor thinks… eventually the market will see that the FED’s balcne sheet policy is the same as it was in December.
You’re a Bearshitter and you’re also wrong about wind chill factor lol
There’s a big room with a sign on the door “WAITING FOR CONFIRMATION”
That’s where all the day traders go to die.
If you are daytrading, your timeframe is minutes (micro-seconds for algos) and confirmation time is on the same time scale.
If you plan to hold stock for 2-7 days, then today is all the confirmation you need.
Jay Powell, standing on his own feet over a month ago, now has knee burns from oval office carpet. We know how this ends, lots of bubbles, and a climax….but in the meantime, we can join him.