The S&P 500 topped at 3017.8
- Thread starter volente_00
- Start date
Be humble and survive
3200 touch by year end ( previous forecast reiterated ).
Free money and risk free markets less than 10 minutes away when the futures market opens up for trading.
Free money all week long. Fed will prop markets up straight through the end of the week when they announce their much anticipating fed rate cut. First one in 10 years.
Dow 28000 by Friday. Free money free money and more free money!!!!!
Free money all week long. Fed will prop markets up straight through the end of the week when they announce their much anticipating fed rate cut. First one in 10 years.
Dow 28000 by Friday. Free money free money and more free money!!!!!
Amazing. I thought we are supposed to crash on that Trump tweet.
It's Monday morning, and everyone (nearly) is basking in an *imagined* FED rate-cut glow.
The FED will not cut on Wednesday.
They will cite unemployment at sub4%.
They will cite growing wages.
They will cite inflation that's so low and ephemeral that it's a source of argument.
(They will *not* cite the financial markets at ATHs.)
(They will *not* cite earnings above forecast for a broad sample of U.S. stocks.)
(They will *not* cite the bond markets....)
They will give themselves a deserved (but tasteful) pat-on-the-back.
They will give *light* "forward guidance" of no-action, with the phrase, "a light hand on the tiller."
Outcome? Markets (who've priced in a quarter-point drop in rates) will drop 2% over the ensuing 48 hours, and then (having realized that the FED was actually expressing some pretty solid confidence in the economy) the market will recover 100% of the drop 4 days out.
The FED will not cut on Wednesday.
They will cite unemployment at sub4%.
They will cite growing wages.
They will cite inflation that's so low and ephemeral that it's a source of argument.
(They will *not* cite the financial markets at ATHs.)
(They will *not* cite earnings above forecast for a broad sample of U.S. stocks.)
(They will *not* cite the bond markets....)
They will give themselves a deserved (but tasteful) pat-on-the-back.
They will give *light* "forward guidance" of no-action, with the phrase, "a light hand on the tiller."
Outcome? Markets (who've priced in a quarter-point drop in rates) will drop 2% over the ensuing 48 hours, and then (having realized that the FED was actually expressing some pretty solid confidence in the economy) the market will recover 100% of the drop 4 days out.
The fed WILL cut rates!!!!
.25 basis points Wednesday
They are definitely cutting rates, market wants it and the fed as usual will bow to wallstreet and give them what they want. 25 basis point cut Wednesday!!!
It's already baked into the market. The market has set itself up for disappointment whether rates are cut or not.
Set itself up for disappointment? Yea if it was 6% off its highs!!
How can it baked into the market if market are at historical fresh highs???