FOMC trade ideas for today

KCalhoun

KCalhoun

Following today's fed announcement I'll trade SQQQ UVXY TZA if bearish selloff, or TNA SPXL if rally.

Note 123 FOMC pattern = kneejerk reaction, pivot, then major move, during 30 minutes following release today likely
 
I mean, I believe nothing new was added to the current outlook. EVERYBODY knew rates weren't going up anytime soon. Everybody knows economy is being pumped. Personally I think the markets rose BECAUSE the FOMC minutes were dropping. Like 'Buy the rumor sell the news'. Now the smart money sells what the noobs are buying. Noobs see the market pumping right now so they are buying the obvious perception right now. Smart money is probably selling like they were prior to this week. That's just my opinion.
 
Bugsy said:
I mean, I believe nothing new was added to the current outlook. EVERYBODY knew rates weren't going up anytime soon. Everybody knows economy is being pumped. Personally I think the markets rose BECAUSE the FOMC minutes were dropping. Like 'Buy the rumor sell the news'. Now the smart money sells what the noobs are buying. Noobs see the market pumping right now so they are buying the obvious perception right now. Smart money is probably selling like they were prior to this week. That's just my opinion.
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Exactly, did anyone believe anything else would come out of this fed meeting. Low rates forever with plenty of free trillions sprinkled all around the world.
 
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