oversold
bounce coming
bounce coming
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Pffffttttt.......so dang easy. Not a worry in the world. Always comes right back.
Have no worries one fed guy said he's only pushing for 2 rate hikes in 2018 instead of 3
Saying inflation will run below target rate originally thought, yep no inflation, I don't know where these fools live, but if you can't see inflation you are a fu$king moron.....all you have to do is skip to your local food store, call your local service guy to come replace some shower doors in your new bathroom and look at your insurance bill along with all your other bills and see prices moving higher....they just want to keep rates at historical lows forever and ever. Raise the rates to where they should be....we had 5-6% rates 10 plus years go when the economy was humming along now it's going gangbusters and all we have fed funds rate under 2%!!!!! Funny how they are cheering a low jobs number as an excuse to hold off on rate hikes.
Fed's Harker pushes for only two rate hikes in 2018
Saying inflation will run below target rate originally thought, yep no inflation, I don't know where these fools live, but if you can't see inflation you are a fu$king moron.....all you have to do is skip to your local food store, call your local service guy to come replace some shower doors in your new bathroom and look at your insurance bill along with all your other bills and see prices moving higher....they just want to keep rates at historical lows forever and ever. Raise the rates to where they should be....we had 5-6% rates 10 plus years go when the economy was humming along now it's going gangbusters and all we have fed funds rate under 2%!!!!! Funny how they are cheering a low jobs number as an excuse to hold off on rate hikes.
Fed's Harker pushes for only two rate hikes in 2018
- Philadelphia Fed President Patrick Harker said the central bank should approve just two interest rate hikes in 2018, compared to the three forecast currently by the Fed.
- Like other central bank officials, Harker is concerned that inflation will continue to run below target.
- In addition to reconsidering the pace of rate hikes, he is advocating that the Fed reevaluate the methods it is using to achieve its dual mandate.
I know this is a bullish forum, but nice 5-6 handle technical trade short towards NY gap fill to start (and end) the day. Bearish mode ends if she breaks above S/R at 2733 with authority.
It always sells of slightly at the US cash open...Dip buyers rush in and the basically flat line the rest of the day. Overnight session starts and up it goes...Same thing over and over.
Must have been the weak unemployment numbers. See how quick they were to coo like doves.
The market right now since open is fighting for support, but it's going to breakaway and dip,
The inflection/buying/selling point was at 10:20am EST. it would have been a gamble to assume this at the open.
You just have to be patient -- and wait, and watch...till things unfold, in your favor/prediction
(or be prepared to be wrong as well. i always say the market is part art, part science
)
You can tell by premarket activity, economic reports, and how Europe and Asia performed dynamically, collectively,
I was right about my prediction yesterday, but not as much as I have wanted the move to be. Somewhere along the four hours left it would move down, and it did towards the last hour close.
The inflection/buying/selling point was at 10:20am EST. it would have been a gamble to assume this at the open.
You just have to be patient -- and wait, and watch...till things unfold, in your favor/prediction
(or be prepared to be wrong as well. i always say the market is part art, part science
)You can tell by premarket activity, economic reports, and how Europe and Asia performed dynamically, collectively,
I was right about my prediction yesterday, but not as much as I have wanted the move to be. Somewhere along the four hours left it would move down, and it did towards the last hour close.
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Oh no I hope I didn't buy the top...pffffftttt
