The S&P 500 will top soon at 2925-2930

Will the S&P 500 top at 2925-2930 ?

  • Hell yes your short term top will be correct again

  • Hell no the bull market will set new all time highs and trade above 3000

  • You're still a fool for STFT

  • Who cares Desperado trades Billion dollar FX accounts recruited from twitter

  • Baron is still 12% body fat and will kick your a$$


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Uh ahhhhhh

He is saying that now but after cutting rates again today and trump wishing for rates to be at historical low levels they may just get there. If there is another recession and crisis rates will have to go negative because where else would they go when rates are at historical low levels and there is a crisis at hand??


Powell doesn’t see the Fed ever using negative interest rates, even in times of crisis
PUBLISHED MOMENTS AGO
 

  • MARKET INSIDER
    Fed loses control of its own interest rate as it cut rates — ‘This just doesn’t look good’
    PUBLISHED 5 HOURS AGOUPDATED MOMENTS AGO



  • https://www.cnbc.com/2019/09/18/fed...-big-decision-this-just-doesnt-look-good.html

  • It’s been a turbulent week in the overnight funding markets, where short-term rates spiked to levels as high as 10% Monday and Tuesday before the Fed calmed it down.
  • The Fed was forced to do two open market operations to tame the rate move, but its own fed funds target rate, in an unusual move, rose to 2.3% — above the fed funds target rate range it set on July 31.
  • Market pros said the problem came from a cash crunch, not a credit crisis, but the Fed will have to find a permanent fix for it before it impacts the financial system.
  • Fed Chairman Jerome Powell said he expects the market to steady and said the Fed is ready to intervene as needed.
 

  • MARKET INSIDER
    Fed loses control of its own interest rate as it cut rates — ‘This just doesn’t look good’
    PUBLISHED 5 HOURS AGOUPDATED MOMENTS AGO



  • https://www.cnbc.com/2019/09/18/fed...-big-decision-this-just-doesnt-look-good.html

  • It’s been a turbulent week in the overnight funding markets, where short-term rates spiked to levels as high as 10% Monday and Tuesday before the Fed calmed it down.
  • The Fed was forced to do two open market operations to tame the rate move, but its own fed funds target rate, in an unusual move, rose to 2.3% — above the fed funds target rate range it set on July 31.
  • Market pros said the problem came from a cash crunch, not a credit crisis, but the Fed will have to find a permanent fix for it before it impacts the financial system.
  • Fed Chairman Jerome Powell said he expects the market to steady and said the Fed is ready to intervene as needed.

The market disagrees. I was hoping for more of a dip, but this might be the best the bears can do.
 
The market disagrees. I was hoping for more of a dip, but this might be the best the bears can do.

Hard to forecast a large enough move in either direction, but I remain with my premise in April that we touch 3200 on the SPX by end of year. Which actually runs against the grain what the crowd on here thinks about US markets.
 
Waiting ever so patiently for the vix to drop another 15% before buying a ton of VXX!!!


For those who want to read a bit more about the vix


https://seekingalpha.com/article/4292451-viix-sell-pop-capture-drop

I tell you, it seemed not too long ago that I was chatting with Vanz in some thread about how the VX future looked to be at a many-year low level at around 12, and thought it would be a good buy. Lately it peaked to about ~20-21, and based on historical data, seemed like a good place to short. Missed it! (Granted, I only just started following the VX 6 weeks ago.)

Buggers.
 
Haaaa


Leon Cooperman fears bear market if Elizabeth Warren wins: ‘They won’t open the stock market’
PUBLISHED 3 HOURS AGOUPDATED 2 HOURS AGO
I tell you, it seemed not too long ago that I was chatting with Vanz in some thread about how the VX future looked to be at a many-year low level at around 12, and thought it would be a good buy. Lately it peaked to about ~20-21, and based on historical data, seemed like a good place to short. Missed it! (Granted, I only just started following the VX 6 weeks ago.)

Buggers.


Wait for the vix to drop to 10-11 area, go long and wait for the next skyrocketing jump to 20+ and get your next shorting opportunity on. The vix easily spikes to 20+ 2-3 times a year.
 
Yeppppppppp


Dow drops 100 points after China trade officials cut US visit short


Let's see if trump imposes those tariffs he just took back 2 weeks ago
 
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