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  1. Rickshaw Man

    ES Journal - 2019/2020

    Just talk of a rate cut seems to work just fine. No need for an actual cut.
  2. Rickshaw Man

    ES Journal - 2019/2020

    FOMC to cut rates soon, more free money coming. Chance of a prolonged downtrend is looking pretty slim.
  3. Rickshaw Man

    ES Journal - 2019/2020

    Soon as the exchanges where closed for the weekend...they release this......damm crooks. Trump Says U.S. Has Reached Deal With Mexico President says U.S. won’t impose tariffs on Mexico June 7, 2019 8:38 p.m. ET Breaking News: *Trump Says U.S. Has Reached Deal With Mexico
  4. Rickshaw Man

    Gotta love ZERO RISK in the SP500 = $$$

    I want to see how the market behaves on a retrenchment after 4 up days in a row, 5 for the Dow
  5. Rickshaw Man

    ES Journal - 2019/2020

    The last jobs report May 3rd had a rally just like today. Then over the weekend Trump made comments on China. Markets started down for 3 weeks. All the news was negative, remember the FTC investigating Facebook on Monday.Lets see whats happens with this rally. My guess is all the news will now...
  6. Rickshaw Man

    ES Journal - 2019/2020

    I don't think we will ever get a once in a lifetime buying opportunity again. Im talking a correction like 2007-2009. The FOMC has made clear every time we get a correction they will step in, and they have.
  7. Rickshaw Man

    ES Journal - 2019/2020

    I don't think the FOMC will stay clear of interfering with the markets, long enough for any sort of major correction. Last fall was a pull back from all time highs, same as this correction. The FOMC stepped in every time.
  8. Rickshaw Man

    ES Journal - 2019/2020

    I remember during the late Jan 2019 recovery off the lows. I noticed the rise had been on lower and lower volume. Made me think as im thinking now. That its a dead cat bounce and will fall back. Never happened, we are now in the exact situation this week.
  9. Rickshaw Man

    ES Journal - 2019/2020

    Look at the hungry buyers jumping in. Better go long so there Q2 statements look good.
  10. Rickshaw Man

    ES Journal - 2019/2020

    Yep the tide has turned, all it took was the FOMC telling the markets, we will use QE like never before. Now bad news is good news. The down turn is over. Go long make free money.
  11. Rickshaw Man

    ES Journal - 2019/2020

    Markets will cheer this weak jobs report.....why...because the FOMC will lower rates. Bad news is good news. Just wait and listen. Every media outlet will spin this.
  12. Rickshaw Man

    ES Journal - 2019/2020

    Fake article from Bloomberg, stating the US may wait on tariffs. The power of fake news.
  13. Rickshaw Man

    ES Journal - 2019/2020

    Emergency rate cut.
  14. Rickshaw Man

    ES Journal - 2019/2020

    See, no more bear markets, no more buying opportunities of a life time. FOMC signals this today. https://www.marketwatch.com/story/fed-uses-chicago-conference-to-signal-it-will-use-quantitative-easing-aggressively-to-fight-next-recession-2019-06-06
  15. Rickshaw Man

    ES Journal - 2019/2020

    Guess traders now figure the FOMC will come to the rescue should the market roll over. Bear markets....They just won't let it happen.
  16. Rickshaw Man

    ES Journal - 2019/2020

    So if the jobs report is weak Friday.....Will that be cheered because the FOMC will lower rates quicker. Im guessing that is how the financial media will spin it.
  17. Rickshaw Man

    ES Journal - 2019/2020

    This Head & Shoulder formation is playing out in text book fashion.
  18. Rickshaw Man

    ES Journal - 2019/2020

    No more encouraging China tweets from Mnuchin, Kudlow. I remember once a week someone in the current admin would chirp something positive. It was all a ploy.
  19. Rickshaw Man

    ES Journal - 2019/2020

    News flow is now supporting the negative bias. FTC, Justice dept investigating tech companies. No more cheery tweets from trump, all negative now. Guess the admin is short. That's not very American...
  20. Rickshaw Man

    ES Journal - 2019/2020

    Every uptick is hammered down, bulls are few and far between.
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