FOMC actions

SunTrader said:
See under Fed Change column - "Dovish Shocker" No Change.

This should have been made into a poll using the 4 descriptions as choices.

I say "On the screws" likely.
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On the screws it was, although definitely not an unch 0.0% day.

CL has been the canary in the coalmine for days now. And of course $BKX.
 
Told ya, the market is way overvalued, expecting the Fed to even lower rates this year. I gave no idea what rational there could possibly be to be long this market. I rather risk missing out than getting caught when the mega bubble bursts.

TheDawn said:
Honestly I dunno why the sudden drop-down. The rate increase was widely expected and everything that Powell said was quite positive and still the market decided to take a dive. It's ridiculous.
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M.W. said:
Told ya, the market is way overvalued, expecting the Fed to even lower rates this year. I gave no idea what rational there could possibly be to be long this market. I rather risk missing out than getting caught when the mega bubble bursts.
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why didn’t short the stonk market before 2 pm est today then?
 
I have short equity exposure for a long time now, am still long rates out to 2 years, and am still long dollar, which hurt a little in the past few weeks. I don't worry about single econ event risk. I am after large fundamental shifts in macro land.

vincentnyc said:
why didn’t short the stonk market before 2 pm est today then?
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M.W. said:
Told ya, the market is way overvalued, expecting the Fed to even lower rates this year. I gave no idea what rational there could possibly be to be long this market. I rather risk missing out than getting caught when the mega bubble bursts.
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Well at least I put my money where my mouth is. Glad I did. The market should bounce back a bit tomorrow.
 
M.W. said:
Good luck with that. Must be a tough way to "trade" /gamble
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Yes I am glad I took action instead of sitting on the sideline with all talks. That's why I became a trader and not an analyst. LOL Life is one big gamble otherwise you might as well be dead, a big fat zero. Being zero is perfect; never wrong, never have any losses but never have anything. LOL
 
Today's canary in the coalmine is AAPL set to release earnings after the close and it didn't have a good day yesterday opening near the high closing near the low.

It could be what makes or breaks, on top of The Fed, current past month or so uptrend.
 
SunTrader said:
Today's canary in the coalmine is AAPL set to release earnings after the close and it didn't have a good day yesterday opening near the high closing near the low.

It could be what makes or breaks, on top of The Fed, current past month or so uptrend.
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so u got any play on aapl before their earning is released tonight?
 
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