I think the comments that spooked everyone today has more to do with the anticipated b/s runoff rate, which is still a pretty big unknown. Does not help that the Fed's biggest dove was parroting it.
austinAG90 said:Bonfire1996 said:
By raising rates very fast, the FED is signaling that they intend to not just slow the economy, but stop it. They intend to destroy jobs.
The market is priced around 15x future earnings which implies a growth mindset. When the FED says they intend to impede that natural growth from happening, the market must be re-priced.
Good read….Nice to someone has been paying attention…..
now you sound like FED Bullard or private guys El Arian or Gundlach! My opinion is that all these FED fu[ks are as much political hacks as they are financial savants, and doing what you suggest is not allowed in their political DNA. There have been a few articles come out that begin to broach the FEDs true intention, to engineer a "soft landing" for the economy. I hate that phrase.BaylorSpineGuy said:
Thanks for your input. I agree with your assessment. My question is this: if inflation is such a bad problem (and of course it is!), why are they waiting to raise rates again next month?
Why not do it also in April? If they do raise in April and it's unannounced, the markets will be certainly rattled, but this problem won't solve itself and inflation is gonna look much worse next month when food and gas adjustments are priced in due to Russia and international things…
Put me in this category as well. I've never bought into that whole theory of "sitting on cash is losing money". When the S&P was ripping 20+% in 2020 and 2021, sure. But in tough times, when you have it and most others don't, it puts you in a great position and gives you a lot of flexibility.BaylorSpineGuy said:
You said a few days back. Cash, though not popular now, will have 3-4% more value in the near future. I believe that's correct. When everyone is broke, cash is king.
Note: Today is FOMC minutes day at 2pm and that will likely be a catalyst (probably for a reversal if we're red into it). Regardless bulls need reclaim the 200dma at ~4490 now, ideally 4500 to re-activate upside . This would trigger a classic fake breakdown setup and major rally
— Adam Mancini (@AdamMancini4) April 6, 2022
FJ43 said:
Evening gents!
For the options degenerates. First, as most know, I love trading options. Also most know I don't play with major portions of any account I have and none are intended for get rich quick schemes. Fun yes. Sometimes home runs yes. But they are just part of trading I enjoy as part of active trading.
With that being said, I pay attention to those that actively and what I would say successfully trade options. One thing I see consistently is most begin scaling out once 25% or so is reached. If you haven't tried this approach maybe give it a try. I scale out, set trailing stops, etc, etc, etc all the time. More often than not it helps provide consistency on generating profits.
Above all else get out of the trade if the setup fails your predetermined levels and risk.
Anyway just a tidbit tip y'all might give a try.
Until next time…..trade wisely.
sts7049 said:
if i had to gamble, i'm going with today is a fake breakdown
sts7049 said:
if i had to gamble, i'm going with today is a fake breakdown
If case you guys haven't heard, the initial interest rate on new Series I savings bonds is 7.12 percent. Great place to park cash if you don't need it for more than a year.Saltyag15 said:Put me in this category as well. I've never bought into that whole theory of "sitting on cash is losing money". When the S&P was ripping 20+% in 2020 and 2021, sure. But in tough times, when you have it and most others don't, it puts you in a great position and gives you a lot of flexibility.BaylorSpineGuy said:
You said a few days back. Cash, though not popular now, will have 3-4% more value in the near future. I believe that's correct. When everyone is broke, cash is king.
Yeah, I saw that. It's complete bs. I'm glad I only took a miniscule gamble on it.FTAG 2000 said:
CLSN offering. Nice pump by Zach Morris and the other fintwits yesterday.
FTAG 2000 said:
CLSN offering. Nice pump by Zach Morris and the other fintwits yesterday.
some flow rolling inBob Knights Liver said:
TSLA bulls putting up a good fight here to defend the gap.
Very shallow volume gap to get down to $25. Think it's going to get there.Legalize-It-Ags said:
Why SAVA... why...? Why me?
sts7049 said:
ok maybe i was wrong
Shorts are driving this down into oblivion. With yesterdays pointless fireside chat... idk whats going on. It feels like nothing is on the horizon in terms of potential catalysts. I'd say its a good bet this goes to $25 and below.FTAG 2000 said:Very shallow volume gap to get down to $25. Think it's going to get there.Legalize-It-Ags said:
Why SAVA... why...? Why me?