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Market perspective - waiting for the Fed...


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#1 diogenes227

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Posted 19 September 2017 - 07:51 PM

From the link:

 

 

Given how strong the trend is at the moment, the only thing that could kill this stock market rally is the Federal Reserve… Oh, yeah, Wednesday is the “Fed Day.”

 

So is the Fed going to kill it? It would take a drastic rate increase maybe, or a statement that the sky is falling. And even then, given how this Bull has shucked off every lance it takes, even a drastic something or other might not do it.

 

WAITING FOR THE FED


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

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#2 redfoliage2

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Posted 19 September 2017 - 08:11 PM

The Fed raised the bull and the Fed certainly can kill it. Without the liquidity the Fed provided so far there wouldn't be the bull.

Edited by redfoliage2, 19 September 2017 - 08:12 PM.