All the federal reserve has to do........

S

S2007S

The federal reserve has to announce each and every single day that they are going to cut rates, every day around afternoon they need to announce that they will be cutting rates, each day they do this they will create the most wealth the world has ever witnessed. ....

Every time powell speaks he speaks the same exact words Like a fucking parrot does!!!

Dovish as fuck and always telling wallstreet here come the rate cuts....

Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’
Published Fri, Aug 23 202410:00 AM EDTUpdated 3 Hours Ago




https://www.cnbc.com/2024/08/23/fed...d-the-time-has-come-for-policy-to-adjust.html
 
S2007S said:
The federal reserve has to announce each and every single day that they are going to cut rates, every day around afternoon they need to announce that they will be cutting rates, each day they do this they will create the most wealth the world has ever witnessed. ....

Every time powell speaks he speaks the same exact words Like a fucking parrot does!!!

Dovish as fuck and always telling wallstreet here come the rate cuts....

Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’
Published Fri, Aug 23 202410:00 AM EDTUpdated 3 Hours Ago




https://www.cnbc.com/2024/08/23/fed...d-the-time-has-come-for-policy-to-adjust.html
More...


Here comes the rates again :D
 
S2007S said:
The federal reserve has to announce each and every single day that they are going to cut rates, every day around afternoon they need to announce that they will be cutting rates, each day they do this they will create the most wealth the world has ever witnessed. ....
More...
Powell's somewhere in between these two pics, but I ain't so sure.

images
images
 
ElCubano said:
all time and I mean all time classic. One of the best voices in rock papa.
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Yeah, only if Perry stayed with Journey. But when he left and started on his solo career with songs like "Oh, Sherry baby, why don't we go blow a big one...", there was no way I could listen to him no matter what voice he had.
 
schizo said:
Yeah, only if Perry stayed with Journey. But when he left and started on his solo career with songs like "Oh, Sherry baby, why don't we go blow a big one...", there was no way I could listen to him no matter what voice he had.
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Now when it comes to someone like Iggy Pop, he might not have the "voice" to brag about but he sure exudes all the right vibes.

 
When are you guys going to clue in? This was a cup and handle formation, and like water has to expand when it freezes...a cup and handle must run its course. The rate hikes and cuts are just facilitating what the chart needs to do. If you want to get technical the cup and handle became a common pattern because events such as interest rate hikes will cause this long cup shaped correction before optimism begins picking up. Here we are at aths and surprise surprise right in time for a rate drop. Why? Because the smart money started getting in at the bottom of the cup anticipating it. :)

I mean look at the retracements right on 50%!

Btw @poopy its a good thing you can't block me so you don't miss out on these gems! :)

https://www.investopedia.com/terms/c/cupandhandle.asp

upload_2024-8-23_14-53-50.png


P.S I haven't even looked at SPY in months...trading view saves the chart template where I had already drawn in the C&H to post on ET.
 
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