Market reacting like it was vague. Indecision so far.
.....Lake08 said:
Dow +800 tomorrow
Dude you were wrong in such a short time.Spoony Love said:
The leash is off and SPY to 420 is coming back
$30,000 Millionaire said:$30,000 Millionaire said:
Taking some easy money on ostk.
27.95. Easiest 2% ever.
Triple_Bagger said:.....Lake08 said:
Dow +800 tomorrow
Agree 100%. That was much more hawkish than last months speech. Odds are favoring a 75bps hike in September after the speech.irish pete ag06 said:
I'm not a macro expert, but that was a pretty hawkish speech from Powell.
but also extremely vague
$30,000 Millionaire said:
I am going to reduce exposure and get out of Ampy. Setup is valid but capital preservation is number one.
Triple_Bagger said:
-900 is more likely. Everyone who thought the Fed was done with rate hikes and would reverse soon are exiting their positions. Powell confirmed more rate hikes are coming and they plan to hold them there for a while.
Golf1 said:
Well happy Friday ladies and gents. Made a good amount on the bounce. Lost an even better amount on the way down. Time to call it a day and refocus on next week.
because the f we get through 4112 good byeSpoony Love said:
Someone is trying not to lose it though, it keeps bouncing the 4130
$30,000 Millionaire said:
I think this support could break. We aren't powering out of it.
At this point, I'd look for a false breakdown for a retracement or loss of 4120