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ST & IT up, approaching key resistance levels


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#11 dTraderB

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Posted 09 January 2019 - 10:22 AM

Rally fuel as FED dumps another truckload of dovishness on the market; now, if a market does not go up on good news.....watch out below!

 

Fed's Bullard worries that more interest rate hikes could endanger an otherwise strong economy.

 



#12 dTraderB

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Posted 09 January 2019 - 10:24 AM

Canada also gets dovish

 

The Bank of Canada indicated less urgency in its push toward normalizing monetary policy as the economy copes with slumping oil prices and adjusts to previous rate increases.

 



#13 dTraderB

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Posted 09 January 2019 - 10:25 AM

what the hell is it with this market today? 

very choppy

 

I need more range, more trendy



#14 dTraderB

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Posted 09 January 2019 - 10:28 AM

well, let's read about JEFF BEZOS shocking divorce announcement today.... CNBC is reporting it on their sire so maybe it is business news we need to know? 

Come on market, let's move it, up or down!

 

How much could Mackenzie Bezos get in a divorce?
PUBLISHED 12 MIN AGO |  UPDATED MOMENTS AGO

https://www.cnbc.com...-a-divorce.html



#15 12SPX

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Posted 09 January 2019 - 10:36 AM

what the hell is it with this market today? 

very choppy

 

I need more range, more trendy

I know heh, maybe we'll see some down now!!  Its interesting watching the ES just sit for like 30 sec before moving, zero volume!!



#16 12SPX

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Posted 09 January 2019 - 10:38 AM

It'd be nice to see a -1% down day,,,,shhhhhhhh lol!!!



#17 dTraderB

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Posted 09 January 2019 - 10:38 AM

OK, this is more like we want it, nice NQ short

 

Maybe the FED guy (maned BULL-ard,  reminds one of the word BULL-ish) was a little too dovish and scared some bulls?



#18 dTraderB

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Posted 09 January 2019 - 11:23 AM

I think they are getting TOO dovish.... are things so bad? are they so anxious to save the market?

 

The Fed can take time to assess downside risks to the economy because inflation isn’t threatening to take off, said Chicago's Fed president

 

 



#19 dTraderB

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Posted 09 January 2019 - 11:35 AM

5 QQQ MARCH puts

 

Let's get another spike up today or tomorrow to add



#20 dTraderB

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Posted 09 January 2019 - 11:36 AM

wow

my GE stock is up a few cents! (that's a few % points!)