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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Futures erase gains within seconds after news out of China and Hong Kong!!

Watch for s&p 2722 (June lows) if s&p breaks below that level get ready to welcome December 2018 lows!!!
 
S2007S said:
That fed policy is long long long gone. If the fed policy was mostly concerned about the economy they would have had rates well above 6-7%.
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NO. The FED mandate is for stable prices and maximum employment. Raising interest rates is a tool to control inflation, which was nil -- ergo, no raising of rates. As well, raising of rates would not assist the full employment mandate -- while UNemployment had/has been at historic lows, the _not_in_the_workforce component continued to shrink -- indicating more people drawn into the work force: A Good Thing. Ergo, no raising of rates.

The FED remains with eyes on the economy, first and foremost, and always.
 
noddyboy said:
That didn't even last half a day.
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Even worst... ECB came out and said they were preparing to start buying 50 Billion euro a month of bonds, entire EU in red, actually moved up then back down. ECB saying we are restarting QE and algo's didn't give a fuck, you know there is serious trouble in Euro Markets. ECB fucked up, they shoulda let credit snap first then QE, now they will be buying bonds while credit snaps, effectively removing the punch for support... Entire world will be depending on Fed QE5 for a boost

By early next week, EU banking index will be at levels last seen since the 80s when Berlin Wall saga was playing out, and credit markets didn't snap yet!!!
 
Stockolio said:
Even worst... ECB came out and said they were preparing to start buying 50 Billion euro a month of bonds, entire EU in red, actually moved up then back down. ECB saying we are restarting QE and algo's didn't give a fuck, you know there is serious trouble in Euro Markets. ECB fucked up, they shoulda let credit snap first then QE, now they will be buying bonds while credit snaps, effectively removing the punch for support... Entire world will be depending on Fed QE5 for a boost

By early next week, EU banking index will be at levels last seen since the 80s when Berlin Wall saga was playing out, and credit markets didn't snap yet!!!
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It is modern theory man! I wonder why the ancients didn't think of it sooner.
 
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