The S&P 500 topped at 3017.8

[volente_00]

You have to patient

 

[volente_00]

Tomorrow fed rate decision



My guess is a rate cute, of course there is absolutely zero need for a rate cut, however the fed promised another cut so the fed will have to give it or wallstreet will cry like a little bitch.

How about a shocker with either no rate cut or language that indicates no more are coming in the future

 

[volente_00]

Anyone own a stock where you have had multiple chances of taking profits and never do only to see it come down to where you bought it only to go up and then back down again?
I own an ETF that has gone up and down about 4 times in the last year from where I could have sold to take profit, each and every time I havent it has gone back to my buy price, well I'm at that point again where I can take 15% profit. I'm going to take it and I'm sure once I do it's going to surge another 10-20%. Just my luck.

No one never went broke taking a profit

 

[volente_00]

You couldn't pay anyone to believe 2645 as a possibility, especially with 2 months left!

People called me crazy last year at this time too

 

[S2007S]

How about a shocker with either no rate cut or language that indicates no more are coming in the future

That would be a surprise but the fed will NOT surprise wallstreet. They will bow to wallstreet and give them what they want which is the 25 basis point cut.

 

[bone]

That would be a surprise but the fed will NOT surprise wallstreet. They will bow to wallstreet and give them what they want which is the 25 basis point cut.

The Fed is small potatoes compared to the “inside baseball” relationships that the ECB and the BOJ have with Banks.

 

[themickey]

The Fed is small potatoes compared to the “inside baseball” relationships that the ECB and the BOJ have with Banks.

Can you explain further?

 

[bone]

Can you explain further?

The German government economic research results - most notably the ZEW Economic Index results, are provided to German Banks in advance of the public release. And they keep doing it despite German Banks getting repeatedly fined for German Debt insider trading infractions like cornering the physical market for deliverable Treasuries into the Eurex futures contracts (Commerzebank, Deutsche Bank). {Which blew out many independent and smaller basis spread traders}

The ECB and BOJ closely coordinates interest rate and liquidity policy with Commercial Banks in private.

So, imagine (they do not at present) the US Bank Desks having exclusive advance notice of all Federal Government economic research including the Civilian Unemployment Numbers, Beige Book, Consumer Sentiment, etc. etc.. Imagine the FED sitting down with JPM/Chase, GS, Wells Fargo, BoA, etc. behind closed doors in order to coordinate the Government's debt auctions, interest rate policy and timing, liquidity levels, etc..

 

[themickey]

....So, imagine the US Bank Desks having exclusive advance notice of all Federal Government economic research including the Civilian Unemployment Numbers, Beige Book, Consumer Sentiment, etc. etc.. Imagine the FED sitting down with JPM/Chase, GS, Wells Fargo, BoA, etc. behind closed doors in order to coordinate the Government's debt auctions, interest rate policy and timing, liquidity levels, etc.......

Do they in fact or as you mention - 'so imagine.......'

 

[bone]

Do they in fact or as you mention - 'so imagine.......'

Thankfully they do not.