Trading Janet Yellen Tomorrow

V

vanzandt

As she speaks tomorrow, the market at some point is going to spike up nicely, possibly all-time intraday highs.

That will be the time to short the S&P. That will be the top for awhile.

When the dust settles,... the markets are heading lower into the election. Barring unforeseen geopolitical events.
 
Imo the key underlying factor is the upcoming election.

If the Santum Sanctorum want Clinton, the market will maintain its steady increase, and the S&P will continue to set new highs. If they want Trump, we may be in for a surprise interest rate increase.

Although Slick Willy proved his allegiance to Wall Street during his '92-00 stint, and Mrs. Clinton has hopped into bed with a few banks, Trump recently hired a Goldman alum Steven Mnuchin as his financial guy. Obviously, the greatest way to make peeps unhappy with the Dems--and win votes for the Reps--is to downturn the economy, and raise gas prices.

"It's the economy, stupid!"

An interest rate hike tomorrow would be a big vote for The Donald. For this reason I'm a little hesitant to assume that the Fed will maintain the status quo. I'm not entirely sure who they want in office. The dog days of August are running short; it's time to get back to work, and address this whole election thing.

16 straight years of Democratic rule is a lot to ask.
 
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I expect one more strong move up. Tomorrow will be the catalyst. How long it holds is not clear. 10 minutes or ten days.

Either way, the S&P is going to commence a downward march for the 200 Day SMA within the next two weeks.

jmho...
 
vanzandt said:
I expect one more strong move up. Tomorrow will be the catalyst. How long it holds is not clear. 10 minutes or ten days.

Either way, the S&P is going to commence a downward march for the 200 Day SMA within the next two weeks.

jmho...
More...
*BRGAWK!$%*! (Spills Coffee...)

Vanzandt, my friend, how can you POSSIBLY call for a downward march in the next two weeks with the election in two months? If Wall Street wants Clinton, there's nowhere for the S&P to go but up up up!

I've been thinking about this day and night for the last six months. One indicator that I've been looking at are donation figures. Who is behind the candidates? If the following data are to be believed, then Saban, Renaissance, Soros, and the other big old money peeps are behind Clinton. NOTE: oddly absent from this list is Mr. Buffet... who is he backing?

clintonTrump.png


https://www.opensecrets.org/pres16/contrib.php?id=N00000019
https://www.opensecrets.org/pres16/contrib.php?&id=N00023864
 
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kmiklas said:
*BRGAWK!$%*! (Spills Coffee...)

Vanzandt, my friend, how can you POSSIBLY call for a downward march in the next two weeks with the election in two months? If Wall Street wants Clinton, there's nowhere for the S&P to go but up up up!

I've been thinking about this day and night for the last six months. One indicator that I've been looking at are donation figures. Who is behind the candidates? If the following data are to be believed, then Saban, Renaissance, Soros, and the other big old money peeps are behind Clinton. NOTE: oddly absent from this list is Mr. Buffet... who is he backing?

clintonTrump.png
More...

A Clinton win is already priced in. https://www.electionbettingodds.com/

Right now, the market is priced to perfection. Unless Yellin flat out says no moves until '17 . Everything else is baked in. Which means one blip on the radar... and down we go.
 
kmiklas said:
*BRGAWK!$%*! (Spills Coffee...)

Vanzandt, my friend, how can you POSSIBLY call for a downward march in the next two weeks with the election in two months? If Wall Street wants Clinton, there's nowhere for the S&P to go but up up up!

I've been thinking about this day and night for the last six months. One indicator that I've been looking at are donation figures. Who is behind the candidates? If the following data are to be believed, then Saban, Renaissance, Soros, and the other big old money peeps are behind Clinton. NOTE: oddly absent from this list is Mr. Buffet... who is he backing?

clintonTrump.png


https://www.opensecrets.org/pres16/contrib.php?id=N00000019
https://www.opensecrets.org/pres16/contrib.php?&id=N00023864
More...
kmiklas said:
*BRGAWK!$%*! (Spills Coffee...)

Vanzandt, my friend, how can you POSSIBLY call for a downward march in the next two weeks with the election in two months? If Wall Street wants Clinton, there's nowhere for the S&P to go but up up up!

I've been thinking about this day and night for the last six months. One indicator that I've been looking at are donation figures. Who is behind the candidates? If the following data are to be believed, then Saban, Renaissance, Soros, and the other big old money peeps are behind Clinton. NOTE: oddly absent from this list is Mr. Buffet... who is he backing?

clintonTrump.png


https://www.opensecrets.org/pres16/contrib.php?id=N00000019
https://www.opensecrets.org/pres16/contrib.php?&id=N00023864
More...

Explained here re:Buffet - http://money.cnn.com/2015/04/02/news/companies/buffett-hillary-donation/
 
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