The ECB is so stupid.
trip98 said:
All I can contribute is ... Go ASO!!!!
previous posts of mine shows what i learned here and how it helped me lower cost and make good decision on options to keep my 100 shares
Today that learning is paying off... Thanks gents
Solid Chance now that the Fed follows suit - at least with 25bps$30,000 Millionaire said:
The ECB is so stupid.
$SPX with a nice Triangle pennant formed today is tight right in the center of the action. The break of that should make nice trading. pic.twitter.com/Vx5aqgjK0N
— Disciplined Trading (@oldarmy1) March 16, 2023
Boy Named Sue said:
Which way will it go? Call your shots
ProgN said:
AMD breaking out, if markets don't meltdown it could really go.
Sometimes I overthink things, but the pre-lunch selloff isn't uncommon anyway so I figured what the heck. Still learning, may be way off base.wanderer said:
Interesting strategy
Boy Named Sue said:Sometimes I overthink things, but the pre-lunch selloff isn't uncommon anyway so I figured what the heck. Still learning, may be way off base.wanderer said:
Interesting strategy
great call, even SOXL (leveraged bull semiconductor) is only up 1% more than AMD!ProgN said:ProgN said:
AMD breaking out, if markets don't meltdown it could really go.
JobSecurity said:
this area around ~393.50 has been a major resistance area for SPY, reversed off of it 7 or so times this year.
seasonality doing it's thingGolf1 said:
Was there any news for this to run up so much?
fade the amateur open (the first hour), almost always. Flat to down til 9:30 is typically bullish.Boy Named Sue said:Sometimes I overthink things, but the pre-lunch selloff isn't uncommon anyway so I figured what the heck. Still learning, may be way off base.wanderer said:
Interesting strategy
If SPY approaches and breaks above 400 on dovish Fed next week, look for FOMO to kick in for retail and this reversal could get some strong acceleration upwards. JMOperma Brew doomster said:
.
I'd be careful playing puts here too, this market still has a lot of energy (for the upside)
Nope, other than there was big run up this morning and therefore profits to take. It worked for a bit but bulls appear to have taken over.ryanhnc10 said:
Any specific reason why Google?
Fed is done, tech gonna run! need that on a tshirt, that or aBonfire1996 said:
If the FED is done, profitable tech is gonna run.
good, lol. JPow going to cut the shorts' nuts off! hahaProgN said:If SPY approaches and breaks above 400 on dovish Fed next week, look for FOMO to kick in for retail and this reversal could get some strong acceleration upwards. JMOperma Brew doomster said:
.
I'd be careful playing puts here too, this market still has a lot of energy (for the upside)
He doesn't want to be the Fed chief that causes several banks to collapse because he waited too long to start raising interest rates and then aggressively raised them to catch up. Even if he raises .25, it will be the last before a pause and probably be accompanied by dovish comments.vette said:
FED ain't done. No way JMoney doesn't do at least one more 25bps hike. Too much egg on his face if he doesn't
Hope you're right, as I am in the CRE space, but I think there will be two more hikes. Market is already starting to settle, giving him some rope to make these hikesProgN said:He doesn't want to be the Fed chief that causes several banks to collapse because he waited too long to start raising interest rates and then aggressively raised them to catch up. Even if he raises .25, it will be the last before a pause and probably be accompanied by dovish comments.vette said:
FED ain't done. No way JMoney doesn't do at least one more 25bps hike. Too much egg on his face if he doesn't