Will Powell spike the punch bowl ?

[M.W.]

Your claimed declines in the rate increases is hardly relevant was my point. You have the typical North America syndrome: the second someone does not speak native English he or she has nothing to teach you or can't correct you. Truth is that you are still incorrect.

The Fed cares about the overall rate of inflation, it cares about price stability. It does not give a rat's ass whether a monthly reading is negative or the pace of increases slows as measured from 2 or 3 observations. But hey, I teach a deaf old man, that's why you post Youtube videos.

You're not very good at understanding this whole concept of rates, percentages of rates and velocities, and English language thingies, are you?

Whoops, I used an Oxford comma. @destriero is gonna' slam me for that I think.

 

[SoyUnGanador]

He blew the Christmas budget gambling on UVXY this morning. Don't tell his wife she'll slash the sex dolls .

There is still a chance he is right - if the market has not tanked by 10 min after the Powell speech then I'll feel a lot better!

 

[Nine_Ender]

There is still a chance he is right - if the market has not tanked by 10 min after the Powell speech then I'll feel a lot better!

No, he took a 9% hit. He got stopped out for maximum pain. If he maintained the position IT WENT EVEN LOWER TODAY. And he has the nerve to post about a new position today. It's all very scammy in nature.

 

[Nine_Ender]

UVXY 6.87, -5.11%, great daily chart !!! Price action !!!

Cue the narratives :

#1 - UVXY is doing great, look I'm "right".
#2 - I go long too guys, TQQQ and SOXL. Mysterious pairs trading.

 

[Sekiyo]

Plenty of leading stonks showing up,
Not a bad day at all, currently.

All the fear mongerers, short sellers, are gonna be punshed hard in the balls.

Crush them.

 

[SoyUnGanador]

Plenty of leading stonks showing up,
Not a bad day at all, currently.

All the fear mongerers, short sellers, are gonna be punshed hard in the balls.

Crush them.

STOMP ON THEIR TESTICLES, BULLS!!!!

 

[M.W.]

LOL, really?

Plenty of leading stonks showing up,
Not a bad day at all, currently.

All the fear mongerers, short sellers, are gonna be punshed hard in the balls.

Crush them.

 

[redman]

I guess it's sell the news. Let's see where it closes.

 

[SoyUnGanador]

Yea, market just broke down. I was worried about this.

 

[M.W.]

All comes down to the presser. My money is on more weakness as he will most likely have to manage to turn the market's perception around that there are no expected rate cuts Q3/Q4 2023. My position remains short equities and long USD all year and nothing has changed, though I will definitely have to revisit my long dollar positioning, the dollar has most likely topped out and I look for a better exit level than current pricing...

I guess it's sell the news. Let's see where it closes.