ES Journal - 2019/2020

Status
Not open for further replies.
Laissez Faire said:
Central banks worldwide have been and continue forcing everyone into stocks as there's no yield anywhere else.
More...
Those fixed income guys are conservative, won't easily allocate in volatile and risky environment. They would sit on cash until things calm down. Strange indeed...happens as after the stimulus package. If the Fed is buying, need to see when this will stop before jumping in. I want to see a down day or two that makes sense.
 
Noone123 said:
Those fixed income guys are conservative, won't easily allocate in volatile and risky environment. They would sit on cash until things calm down. Strange indeed.
More...

hyg.jpg
 
ES has made it HWB so anything can happen. Still has room into the 2930's +/- to technically remain a bear as I define it. Above there and we are more likely to head back to the ATH's. (someone may already have mentioned this - no time to go back and read all those posts lol)
 
Builder17 said:
Do we think this week would have still happened this way if the Sunday night futures werent ramped up so much?
More...

My guess is that some knew of the Feds new 2.3T plan
"The cornerstone of today’s actions is a new $600 billion “Main Street Lending Fund” to offer support for mid-sized businesses. The plan is to offer 4 -year loans to companies, with principal and interest payments deferred for one year. The loans will be originated by banks, who will retain a 5% share and sell the rest to the Fed’s facility."
 
Noone123 said:
Those fixed income guys are conservative, won't easily allocate in volatile and risky environment. They would sit on cash until things calm down. Strange indeed...happens as after the stimulus package. If the Fed is buying, need to see when this will stop before jumping in. I want to see a down day or two that makes sense.
More...

don't know if fed buying this exact move, but they clearly put a floor in the markets with coordinated effort, likely that once others seen that gave them more confidence to buy, plus any shorts just adding fuel to the fire... along with legit concerns for inflation it does make shorting the less profitable route generally speaking and it has been for a while.
 
hafez50 said:
Well it looks very unlikely now that we'll see 2176 lows of 2 weeks ago. Shorts are fighting the fed who will monetize everything if need be . The only question is what are the consequences for printing $10 trillion? So far last 10 yrs there are none.I keep looking at the vix at 42. What does it know? Based on a 30% rally in stocks it should be back in the 20's max right now.
More...
IMHO VIX cuts both ways
 
Status
Not open for further replies.
Back
Top