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Market in holding pattern ... breakout soon! (up or down?)


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#11 alexnewbee

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Posted 25 June 2019 - 10:21 AM

up to 3100 then down to 2050+- or somwhere, will see later.


"we do G.d's work" Lloyd Blankfein

#12 dTraderB

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Posted 25 June 2019 - 12:01 PM

ok, it is the same as a coin toss? 

Nice to know

 

https://www.marketwa...atch-2019-06-25



#13 dTraderB

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Posted 25 June 2019 - 12:03 PM

FED BULLARD says 50bps rate cut not required in JUly

 

SPX drops

 

POWELL's remarks sent SPX a bit lower

 

Then POWELL answers later will send market s higher (right?)



#14 redfoliage2

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Posted 25 June 2019 - 12:08 PM

FED BULLARD says 50bps rate cut not required in JUly

 

SPX drops

 

POWELL's remarks sent SPX a bit lower

 

Then POWELL answers later will send market s higher (right?)

It's now depending on the stock market performance.  The Fed does not have much rooms to lower the rate, but if the stock market getting too low it will be forced by someone to lower the rate.  But if the market stays this high, the Fed has no obligations to lower the rate at this point.  Sounding funny, right?  But it's the untold truth.



#15 ryanoo

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Posted 25 June 2019 - 12:36 PM

 

FED BULLARD says 50bps rate cut not required in JUly

 

SPX drops

 

POWELL's remarks sent SPX a bit lower

 

Then POWELL answers later will send market s higher (right?)

It's now depending on the stock market performance.  The Fed does not have much rooms to lower the rate, but if the stock market getting too low it will be forced by someone to lower the rate.  But if the market stays this high, the Fed has no obligations to lower the rate at this point.  Sounding funny, right?  But it's the untold truth.

 

managed free market?



#16 redfoliage2

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Posted 25 June 2019 - 01:43 PM

 

 

FED BULLARD says 50bps rate cut not required in JUly

 

SPX drops

 

POWELL's remarks sent SPX a bit lower

 

Then POWELL answers later will send market s higher (right?)

It's now depending on the stock market performance.  The Fed does not have much rooms to lower the rate, but if the stock market getting too low it will be forced by someone to lower the rate.  But if the market stays this high, the Fed has no obligations to lower the rate at this point.  Sounding funny, right?  But it's the untold truth.

 

managed free market?

 

Now the operators realized they need to get this market much lower to win a rate cut..............



#17 CLK

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Posted 25 June 2019 - 02:04 PM

 

FED BULLARD says 50bps rate cut not required in JUly

 

SPX drops

 

POWELL's remarks sent SPX a bit lower

 

Then POWELL answers later will send market s higher (right?)

It's now depending on the stock market performance.  The Fed does not have much rooms to lower the rate, but if the stock market getting too low it will be forced by someone to lower the rate.  But if the market stays this high, the Fed has no obligations to lower the rate at this point.  Sounding funny, right?  But it's the untold truth.

 

 

 

 Talking about prices THIS high. it's flat for 2 years, no gain, I don't call that a bubble market.


Edited by CLK, 25 June 2019 - 02:04 PM.