Gotta love ZERO RISK in the SP500 = $$$

To all my anti-fans:

Again and again and again, let me know when I get it wrong ok? Thanks.

image.jpg


How's that smugness pie tasting this week?
 
The fed will move this month, its a certainty. Fed fund futures has it priced that way and its likely to stay that way with less than a week away from the next FOMC. Unless the stock market crashes the fed will move next week.

But all that has been priced in, what is unknown is if the fed will continue to nudge rates higher next year, or if they will adopt a wait and see approach. Its hard to justify hiking again when inflation is so muted. I got a feeling the dollar will actually tank once the fed gets off ZIRP.

Looks like the dollar got smashed a week before FOMC. :mad:
 
Great trading action last few days. Traders live for these days as one can see on this thread. I think we have more for the rest of the week. Gets the blood flowing and allows gut instinct to get a nice work out. Trading skills get honed. Haven't looked at the bond market this much in a while. Yes, NDX is still holding 4600?And the price action in crude:D
 
Last edited:
Back
Top