TZA is looking decent down here...Inverse Russell 2000
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
I haven't traded that in months ...last time I traded it I got a very lucky daytrade making a few hundred bucks in a few hours....it does look like a possible buy
Well, that's not entirely accurate. Rosengren, who is a part of the "good cop, bad cop" act has been hitting the wires with hawkish talk...Go back several weeks and you will find hawkish soundbites scattered amongst the uber-dovish chatter from Yellen.
IWM broke out and above that channel line...i.e. capitulation in this market probably implies lower risk shorts...This market puts the "p" in perverse price action.
When have they ever really been known for honestly reining things in though? They're full on field of dreams pot committed right now. Risk off has been demonstrated time and time again to be their kryptonite.
This is supposed to result in sustainable inflation, wage growth, consumer spending, borrowing, hiring, 3+ GDP and a positive feedback loop that requires intervention from the FED.
By historical standards, I dont think we are there yet. Maybe they were just curious to see if
Fed funds rate would respond to a new target ( +25bp.) which it did.
Question is ...where/when does the next minor sentiment change causing a 10% swing come from. Let me guess it is the FED responding to all time highs and keeping animal spirits at bay with a probable June rate hike dependent on China, Europe, currencies, commodities, Malta and
flaxseed.
By historical standards, I dont think we are there yet. Maybe they were just curious to see if
Fed funds rate would respond to a new target ( +25bp.) which it did.
Question is ...where/when does the next minor sentiment change causing a 10% swing come from. Let me guess it is the FED responding to all time highs and keeping animal spirits at bay with a probable June rate hike dependent on China, Europe, currencies, commodities, Malta and
flaxseed.
chinese stocks are crashing because pboc is taking stimulus away supposedly, more bearish catalysts for the s&p
Some interesting stuff, most of which we already know, but presented in a cogent fashion:
http://www.riskreversal.com/2016/04/21/morningword-42116-games-the-same-just-got-more-fierce/
http://www.riskreversal.com/2016/04/21/morningword-42116-games-the-same-just-got-more-fierce/
Yes, as usual the index futures are up and will rise overnight, just as they do 90% of the time.