Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
You have to buy the dip, how many thousands of times in the last 6 years has buying the dip been successful? The answer 100% of the time....
This afternoon the fed beige book comes out and that alone should give the markets the turn around it needs, I wouldn't be surprised if all 150 points on the dow were erased by this afternoon and bright green by the close, I can smell the money now, just buy the 150 point dip, this is the best buying opportunity in the last 6 years!
This afternoon the fed beige book comes out and that alone should give the markets the turn around it needs, I wouldn't be surprised if all 150 points on the dow were erased by this afternoon and bright green by the close, I can smell the money now, just buy the 150 point dip, this is the best buying opportunity in the last 6 years!
Another day another fed president saying to hold off on raising interest rates....hmmmm I wonder why this is, and when 2016 rolls around it will be 2017 and then 2018, we know how the game is being played, everyone knows they can't raise rates.....
The Federal Reserve should wait until the first half of 2016 before raising interest rates, a top U.S. central banker said on Wednesday, or risk undermining the very recovery it has helped engineer.
"Given uncomfortably low inflation and an uncertain global environment, there are few benefits and significant risks to increasing interest rates prematurely," Chicago Federal Reserve Bank President Charles Evans said in remarks prepared for delivery to the Lake Forest-Lake Bluff Rotary Club. "I think we should be patient in raising interest rates."
Even if the Fed keeps rates at their near-zero level until next year, he said, inflation probably won't reach the Fed's 2-percent goal until the end of 2018. And if his forecast proves wrong and the economy begins to run too hot too fast, he said, the Fed would have "ample time" to raise rates moderately to head off excessively high inflation.
http://www.cnbc.com/id/102459016
The Federal Reserve should wait until the first half of 2016 before raising interest rates, a top U.S. central banker said on Wednesday, or risk undermining the very recovery it has helped engineer.
"Given uncomfortably low inflation and an uncertain global environment, there are few benefits and significant risks to increasing interest rates prematurely," Chicago Federal Reserve Bank President Charles Evans said in remarks prepared for delivery to the Lake Forest-Lake Bluff Rotary Club. "I think we should be patient in raising interest rates."
Even if the Fed keeps rates at their near-zero level until next year, he said, inflation probably won't reach the Fed's 2-percent goal until the end of 2018. And if his forecast proves wrong and the economy begins to run too hot too fast, he said, the Fed would have "ample time" to raise rates moderately to head off excessively high inflation.
http://www.cnbc.com/id/102459016
I did....bought more XIV to hedge against my shorts....
Long over 400 shares!
no worries!
Only up from here....
here we go, going green, do you really think the markets are going to drop 2 days in a row? Monday was historical, they will bring back historical highs by either the close today or tomorrow afternoon, Fridays job numbers don't make a difference because if they miss by 50,000 well it just means the fed will hold off until 2022 to raise rates and if the job numbers come in perfectly markets will cheer, so no matter what the job numbers are on Friday the markets are going to rally!
For fun bought some JNUG around $25.70....very volatile gold etf! Price target $28+
For fun bought some JNUG around $25.70....very volatile gold etf! Price target $28+
WELL OFF THE LOWS...BLAH BLAH BLAH.....TIME FOR THE LUNCH TIME RAMP UP.
Beige book in less than 2 hours, XIV new intraday highs moments ago, wait till the momentum kicks in, the markets going to skyrocket this afternoon, erasing all losses today and gaining back most losses from yesterday, by thursday morning everyone will have forgotten about the biggest dip in the last 6 years as the markets race to fresh new highs, nasdaq 5000 here we come again!
I BTFD/BTFATH/Just BUY, but mainly tech/biotech stocks. I wouldn't do JNUG, because that is a bear bet in disguise. Risk on means buy stocks and sell gold.