I think this chart explains it all:
h/t @NorthmanTrader
Hilarious but its true.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Hilarious but its true.
I think this chart explains it all:
h/t @NorthmanTrader
I wonder why they are against a "rule based" approach to monetary policy, when they are already using it.
No, the chart is referencing the Fed's reaction to the S&P...If below 1800 then QE4...
I think this chart explains it all:
h/t @NorthmanTrader
bump
great image of what it all boils down to
on a side note, this small sell off is setting up to be a great mini bear trap into Facebook earnings
so I guess really what we have is:
1) nail biting and pretend worry up to Dec 16
2) quiet upward movement in individual FANG type Tech and a few other much loved
3) another big move upward on Dec 16 when Fed inaction (Visaria rides it up heavy on ES and then goes out dancing that same night
)
4) Dec 17, Visaria somewhat swollen head
5) Dec 18, Rickshaw man posts "So easy making free money $$$, this is so easy a caveman can do it."
brought to you by Hector Poole..the market prophet with the magic crystal balls
..... after the Christmas rally Yellen says "rate hike squarely on the table". Abe threatens QE, SPX rally and CNBC says "Market embraces Notion of Rate Hike"
Hey listen, you can't make stuff like this up, freaking beyond fiction...nearing the twilight zone episode where guy gets telepathic powers after tossing a coin that miraculously stands on its edge.
http://www.imdb.com/title/tt0734546/
(background music- Twilight Zone begins)
Rod Serling: Mr. Hector B. Poole, resident of the Twilight Zone. Flip a coin and keep flipping it. What are the odds? Half the time it will come up heads, half the time tails. But in one freakish chance in a million, it'll land on its edge. But all it takes to knock it over is a vagrant breeze, a vibration, or a slight blow. Mr. Hector B. Poole, a bright human coin - on his way to the bank.
so I guess really what we have is:
1) nail biting and pretend worry up to Dec 16
2) quiet upward movement in individual FANG type Tech and a few other much loved
3) another big move upward on Dec 16 when Fed inaction (Visaria rides it up heavy on ES and then goes out dancing that same night
)4) Dec 17, Visaria somewhat swollen head
5) Dec 18, Rickshaw man posts "So easy making free money $$$, this is so easy a caveman can do it."
brought to you by Hector Poole..the market prophet with the magic crystal balls
..... after the Christmas rally Yellen says "rate hike squarely on the table". Abe threatens QE, SPX rally and CNBC says "Market embraces Notion of Rate Hike"
Hey listen, you can't make stuff like this up, freaking beyond fiction...nearing the twilight zone episode where guy gets telepathic powers after tossing a coin that miraculously stands on its edge.
http://www.imdb.com/title/tt0734546/
(background music- Twilight Zone begins)
Rod Serling: Mr. Hector B. Poole, resident of the Twilight Zone. Flip a coin and keep flipping it. What are the odds? Half the time it will come up heads, half the time tails. But in one freakish chance in a million, it'll land on its edge. But all it takes to knock it over is a vagrant breeze, a vibration, or a slight blow. Mr. Hector B. Poole, a bright human coin - on his way to the bank.
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This is pretty much a carbon copy of Oct 13-14th and a few other days where it is just rolling chop lower...if when it breaks back above 2103 cash area it probably goes screaming up...like Visaria said.