bread shit myself.
will not happen again
Bringing it back to Friday's close.
anyone else notice who is missing from here today and who is currently lying there ass off in private?
This screams short it here however with the FOMC meeting looming I would firmly be on side lines. Short it just prior to the expected rate hike. May deal with a little pain towards weds close but imo when they raise rates being long will not be very rewarding..at least not on thursday morning
This has been totally benign since Oct. 10th and with the action in equity's it should not be.
Perhaps it has had some room 'cleared out' so that it will rise to it's recent highs on FOMC day.
This is done all the time with stocks, comms but the bond market is many multiples larger.
Seen this movie before.
No they are not. Totally facilitating Moral Hazard if money left too cheap for too long. This is exactly why we are in the present situation.
Now I certainly cannot argue against that as I am all for paying less interest however the ones that move the big piles around know that they could just go back to the FRB via all of it's acronym programs and paper over athe mistakes it made.
Looks like a Head and Shoulders top forming. Left shoulder and head formed. Need a small drop and then a climb back up to confirm.
Wall St loves to produce tech patterns and then shank it the other way. Possible short trap with this pattern.
Wise to sit and watch as previously mentioned…long time strategy for anon that has worked is: Do not fight the FRB as you will lose.
Too many charts to post but worth a look.
https://www.zerohedge.com/news/2018-12-17/ringing-bell-stocks-worst-december-1980-nasdaq-red-year-date
Keep in mind these stories always are late to the party. Not dis-agreeing with any of it but the sentiment here is "watch out below". Perfect example of herding people into one trade-short in this case-and then it gets shanked to the upside.
Absolute agreement.
Mentioned this last night as I thought the action across the globe was not going to cut it here.
They need 'UP' in a big way and now.
This time it is different.
Navy got some love from Pepe earlier this month.
Still got beat badly in the game.
Love you guys either way!
You are so full of shit you do not know which end to wipe.
They stay quiet because they do not want to upset the gravy train. That gravy train benefits the big boys.
It's time for that reign to end and POTUS has the ability to do it.
Stay on the sidelines if you can't take the heat.