ES Journal - 2021/2022

[mervyn]

i am out at 4642 until jp finishes his speech. not as good as yesterday but good enough.

 

[Zodiac4u]

Kabammo, fed sees 3 interest hikes in 2022.

 

[Laissez Faire]

New projections based on the median forecast by Fed officials sees the federal funds rate rising to rise to 0.9% by the end of 2022, to 1.6% by the end of 2023 and 2.1% by the end of 2024.

0.9 % one year from now.

 

[mervyn]

0.9 % one year from now.

not going to happen, some s*t will happen in between and we are back to square one. i have not seen the normal rate since 2008.

 

[wiesman02]

0.9 % one year from now.

LF u stay up past your bedtime to watch the fed decision ? Lol what time is it over there

 

[Laissez Faire]

not going to happen, some s*t will happen in between and we are back to square one. i have not seen the normal rate since 2008.

Point is it sounded like rates were actually rising, but when the rates are effectively zero that ain't much anyhow.

LF u stay up past your bedtime to watch the fed decision ? Lol what time is it over there

LOL. 6 hours ahead of New York. Still wide awake.

 

[mervyn]

https://www.bloomberg.com/news/arti...ered-65-million-on-stock-rebound-into-holiday

While U.S. stocks fell Tuesday ahead of what’s expected to be a hawkish Federal Reserve policy meeting, one investor just bet $65 million on a quick market rebound. The trade saw someone purchase roughly 20,000 call spreads that are linked to the S&P 500 and expire right before the Christmas holiday. The transaction involved selling calls with a strike price at 4,750 to fund bullish options exercisable at 4,650.

party on...

I wonder how much he made today?

 

[Laissez Faire]

Wow. That was one incredible move. Puts the prior FOMC days this year to shame by a wide margin. Not often the market moves 50 points without even a 5 point retrace on the way.

I haven't listened to any FED speak, but I suppose the market's pleased. Even at 0.9% at the end of next year that's still virtually zero.

 

[mervyn]

holy, sell order got filled at 4685, just incredible. this week alone pocketed 582 points, was even trading on volumes. only one red day this month, crazy,

 

[wiesman02]

holy, sell order got filled at 4685, just incredible. this week alone pocketed 582 points, was even trading on volumes. only one red day this month, crazy,

Jesus Christ. That’s awesome. I went long before the fed announcement on 1/10 size and never added. Kicking myself !