Gotta love ZERO RISK in the SP500 = $$$

Financial press, just like Corporations, are short-sighted:

10 year yield overnight hit 1.74% lol

Oh and I would add The Fed last 20 years or so are just as short-sighted, make that blind, moving from one fire to another. Fires ... that they've created.
 
S2007S said:
Let's see how long the fed can keep the markets calm....as I have said the fed is the market, yesterday could have easily been a 2 or 3% drop but powell came out once again dovish as always giving wallstreet what it wanted to hear.

Fed Chair Powell is a ‘maestro,’ calming markets when there could have been chaos


https://www.cnbc.com/2021/03/17/fed...estro-calming-markets-and-averting-chaos.html
More...

With today's drop we're back to where we were pre announcement yesterday. I like SQQQ gap up today
 
Hold on guys...we in for a bumpy ride this morning. Tower says some upper currents with a lower draft range...might be turbulence, we gapped below that 13,000 line
 
Wowwwwwwww

Wait till we get to 2%%%

However I know exactly what's going to happen. The 10 year is magically going to drop back below 1.5 in the next week or so and nasdaq will just erase all losses ....


Yield | 8:52 AM EDT
1.744%+0.103
 
KCalhoun said:
With today's drop we're back to where we were pre announcement yesterday. I like SQQQ gap up today
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Careful, I can almost guarantee the 10 year will drop back down below 1.50 and the nasdaq will rally higher than what it lost on the downside. So nasdaq will rally back to 14k on any significant drop because money will rotate out of non tech and go directly to tech once this happens.
 
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