fed in my opinion is not even close to being done --- but "measured pace" wording change could be what everyone will be looking for. also the inflation speak of the next fed announcement could be a triggering point.
PMI below 50, oil socking it to the consumer, PPI and CPI about to take off --- they hope the fed is done sooner now rather then later. to bad the fed hates inflation so much -- next fed meeting rate announcement will be a big one.
liquidity pump with "interest rate pause possibilities" buying excuse and oil market pullback hopes. buying comes in hard after the oil market close with again massive buy programs that can be rode like seabiscuit to the finish line.
just another day at the "liquidity pumper" with long scalps one after the other with every buy program burst ---- massive activity today.
no, there is no way this market is being pushed! HAHAHAHA! :D
yes i agree --- until the refineries are back online there is no additional means to refine oils that are released from the spr --- once the refineries are online then they will have oil to refine while still the tanker offload issues are being determined.
it will help refineries that are ready for oil to process to be assured that their will be no disruption in their processing schedules. the oil inventory disruption from tanker off-loading delays will be filled in for the mean time with SPR stock. this was as expected and of course a needed...
are you paying attention to what the odd's for divisional winners and nfc/afc championships winners are?
those bookies don't want to lose any money --- odd's are a bit surprising this year for several teams.
time to start a new chat thread! :D
indy or steelers from the afc championship game
philly or the vikes from the nfc championship game
surprise teams of this year will be cards winning their division
and the pats not winning their division.
oh i forgot!!!
institutions 30 --- hedgies 34
still early 4th quarter action after the hedgies intercepted an institutional pass and ran it back for a touchdown! :D
i forgot the market only goes up and never at any time are there cycles/periods of selling. the "long only" blinders sure killed a lot of retirement funds in 2000. the selling then was also inevitable, just another normal cycle of the market that yawning was found not to be effective in...
if i was a store owner in new orleans i would instruct the national guard or the police to gut the contents of my store, and donate everything to the best distribution point they have established to give aid to the needy. i agree the contents would all be wasted if not used soon {mainly food...
sorry but the precedent of allowing looting "at will" is a very dangerous move that will not be helpful at all in future disasters {natural or man made}. so after the next major terrorist attack should everyone "know" that running out and looting is a newly accepted norm --- i hope not.
the long oil play is some of the bigger hedgies main cash cow --- they will not give this up without a very big liquidity fight. oil above $55 will be here for a long time.