Draghi just put a floor under the market, hmm

Quote from athlonmank8:

Euro WAS the 'new' funding currency for the carry trade. It's a short squeeze from hell.

In addition, US 10 year notes are at all time lows. So if you think this rally is going to get faded you better think again. There's a lot of money on the sidelines that could potentially get pushed into European bonds.
More...

If the smoke clears even a little Euro financials are gonna squeeze like a mofo.

At least the market is moving. Better than the death days of 2004-2007 where ranges died.
 
Quote from Lojanica:

If the smoke clears even a little Euro financials are gonna squeeze like a mofo.

At least the market is moving. Better than the death days of 2004-2007 where ranges died.
More...

yup! :)
 
Weak close. Market lost momentum today. CB'ers better pull off some more magic 'cause otherwise we're looking at another sell-off
 
Quote from Lojanica:

Weak close. Market lost momentum today. CB'ers better pull off some more magic 'cause otherwise we're looking at another sell-off
More...

that hint of bias is once again in your statement. i hope you are not rolling the dice with a long position.
 
Quote from cdcaveman:

You guys really think that close means something?
More...

Without getting too technical I tend to think monthly open/closes, weekly open/closes, and daily open/closes as worth watching and today we closed out the month. So for instance if you were gonna get flat after being long or kick off a short for the month you'd want to do that at month end.

Just sayin'.......
 
Hmmm. Randomness. I'd be more app to believe something related to moves related to rolling hedges.. slight ups and downs most likely noise
 
Quote from S2007S:


"Immediately I sold some of my short positions," Gartman explains. "And after comments like that, you can't cover fast enough."
More...

Real pro.
 
You must log in or register to reply here.
Back
Top