BTW, the FOMC meetings are on their website -- they did have meetings in option expiration weeks in March and June for example, but we know there is no meeting this month (August).
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
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BTW, the FOMC meetings are on their website -- they did have meetings in option expiration weeks in March and June for example, but we know there is no meeting this month (August).
remember a few Friday's ago when the Fed "accidentally" released a report projecting rates a year and two years from now...that was the catalyst to sell the market off after we hit resistance...the Fed now times its "jawboning" and "rate forecasts" to coincide with the algo pump and dump's...
Yeah it's almost (well, is, actually) laughable how transparent the nonsense is. I'm just looking forward to seeing what actual excuse will be rolled around come Sep (and then of course Dec).
Yeah, I agree...I don't believe they will raise. I think that more dollar strength will wreak too much havoc on foreign markets and lead to further problems with energies and their debt markets...The whole "awaiting job market statistics" is just another one of their faux qualifiers to arbitrarily set more conditions on a tightening cycle...
Also look at how some of the high flier tech stocks shot into orbit and are still setting up there perched...I'd like to see some of them fall out of the sky before I believe that the Fed is serious about tightening (I know..cue the laugh track).
Covered
