Gotta love ZERO RISK in the SP500 = $$$

[Laissez Faire]

Yeah. We already know that, yet the market almost always pumps like crazy during these fed things. You also add in the late day drop and it will be near impossible for the market to be down. I'm expecting a crazy pump to V today's action. Probably QQQ closes right back at 431-432.

I knew rate cuts weren't happening and the market still doesn't care. It actually likes rates at this level clearly.

Where's the V?

Looking more like an A from my point of view. Maybe I need glasses.

 

[Laissez Faire]

Looks like the bid fell out of the market.

 

[orbit23]

$4800 SPX500 coming in 3,2,1...

 

[nitrene]

It's amazing how symmetrical the up move and then down move was. It was like a bell curve. I guess it was Powell's commentary on stagflation that triggered it. Usually nothing positive ever comes from the Fed babbling on.

 

[Covertibility]

https://twitter.com/x/status/1785745474030338181

Those with Nancy Pelosi Derangement Syndrome are responsible for this.

https://twitter.com/x/status/1785745563515834870

https://twitter.com/x/status/1785746621646385194

That last one is interesting.

 

[v-shape-0DTE]

Where's the V?

Looking more like an A from my point of view. Maybe I need glasses.

It got all the way to 430, it just didn't hold.

 

[hajimow]

we were looking for May as the first rate cut..and tomorrow is May...But tomorrow, he has to also explain to the american public that NO rate cuts will happen in 2024. And this language and phrasing is what we are watching for. Will he Lie with a straight face to the american people...he might

First rate cut is supposed to happen in August

 

[Pricechange]

First rate cut is supposed to happen in August

lol...moving the goal posts during the game. We were supposed to have 3 rate cuts this summer...August would be kinda late dont you think..lol

Anyway.. THERE IS NO RATE CUTS..so it doesnt really matter where you move the goal posts

 

[v-shape-0DTE]

It's amazing how symmetrical the up move and then down move was. It was like a bell curve. I guess it was Powell's commentary on stagflation that triggered it. Usually nothing positive ever comes from the Fed babbling on.

It was. Look at those 1hr candles for the naz futures. Anyways they are already walking up futures like usual. It will of course have to retrace again tomorrow and we'll see if we can hold the pump again. You will wake up and like magic the $3 overall drop in the QQQ will be gone.

 

[schizo]

It was. Look at those 1hr candles for the naz futures. Anyways they are already walking up futures like usual. It will of course have to retrace again tomorrow and we'll see if we can hold the pump again. You will wake up and like magic the $3 overall drop in the QQQ will be gone.

I can picture you saying the same empty rhetoric when the market tanks another 10% from here: "The ATH will come, soon, believe me!!"

V-man, just sell every damn rally and you'll be rich before you know it.