accompanied by a surprise announcement of no interest rate increases until 2019.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
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accompanied by a surprise announcement of no interest rate increases until 2019.
You know the drill, as usual the stock index futures will rise overnight. The entire claw back up has been from gaps caused by the overnight drift up in the index futures. End of month next week, also contract roll over next month. And the end of Q3 next month....AND WHAT A COINCIDENCE THE FED MEETING RIGHT AT CONTRACT ROLL OVER.
So because the market fell the fed will hold off, never mind the Nasdaq is just about back to even....and GDP was a blowout. All that matters is the market fell....NO RATE CUT...END OF STORY....HAHA THATS FUNNY.
So because the market fell the fed will hold off, never mind the Nasdaq is just about back to even....and GDP was a blowout. All that matters is the market fell....NO RATE CUT...END OF STORY....HAHA THATS FUNNY.
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I didn't see any follow thru after the close. That touch and go reversal late in the day should have been compelling.
I don't trust the after hours action as time passes.
Hard to trust it now that the AH book is like 175 on each side.
Probably best used when vix is under 15 or so...
Volatility has remained extremely elevated. I think VIX goes to 20-18 tomorrow. The reversal this afternoon is a confirmation of the turn.
6 vix points or a 25% drop would probably send it up another 50+ points I'd imagine.
If volatility remains elevated, I am going short.
Yea sweet drop in the vix back below 20 would mean an easy print of 2015+ on the s$p tomorrow ....im sure they get it back to 2000.....2040 next week? Nearly 1000 point gain in the Dow last 2 days any further upside and im taking all my long positions off...
5 down day correction and its over? I think not.