iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
21,906 Blog Posts

FED DOES NOTHING, INDICATED DESIRE TO TIGHTEN

The initial move is always wrong. We spiked and the COLLAPSED in a ceremonious “fuck you” candle and now we’re stabilizing.

I took this dip to add to my FNGU position and start a new one in MTTR. Before the Fed I swapped WCLD for FNGU because SAAS just wasn’t acting good enough. My best take is for a rally, only because the Fed is more or less what we expected and the market IS oversold. The backdrop of war is a negative one but if a diplomatic solution can be reached, bears will rue the day they were born.

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7 comments

  1. purdy

    “…we double secret may take appropriate action or actions…”

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  2. metalleg

    Let’s go back to an earlier post of mine, shall we?

    If they want to inject us and kill us with their mRNA poison, is it very far fetched to believe they would be happy with us all living in poverty?

    Dark Winter = Market Crash

    Could be…

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  3. profiteerer

    Rally to the downside.

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  4. Mr. Cain Thaler

    Judging by that move in bond yields, the market was expecting the Fed to come out and say that they will support stonks at all costs and fuck both stable pricing and employment.

    Strange are the ways of investors.

    And commodities are still all green. Bulls don’t even get aid there.

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  5. roguewave

    fagflation

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  6. donnie wads

    Bought MTTR at 10.50 and 9.50 over the last week. Will probably get the chance to buy moar lower…

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