Member
Posted 26 July 2019 - 07:56 AM
this is actually quite a GOOD problem to have.
The Fed's job just got more complicated. The U.S. consumer is very strong. Growth is beating expectations. Business spending, though, is declining. https://www.bloomberg.com/news/articles/2019-07-26/u-s-growth-slows-to-2-1-as-trade-tensions-weigh-on-businesses … Yields are rising, but the U.S. yield curve is flattening.
Member
Posted 26 July 2019 - 07:57 AM
Love the thread thanks!! Think it'll be another exciting day of trading!! I love it when the futures get this stretched above cash before the open, lets look for a quick spike down somewhere in the first 15 min usually good for at least a couple points!!
Member
Posted 26 July 2019 - 07:58 AM
Absolute certainty it will be 50bps next week.
Blowoff in progress with sharp pullbacks
50bps nex week followed by 25bps in Seprember
Would love to know the percentage odds now after the GDP report, 50bps was down to 17% yesterday.
Member
Posted 26 July 2019 - 08:34 AM
Love the thread thanks!! Think it'll be another exciting day of trading!! I love it when the futures get this stretched above cash before the open, lets look for a quick spike down somewhere in the first 15 min usually good for at least a couple points!!
And there is 3015.75, down to 3013.75, lol!!
Member
Posted 26 July 2019 - 09:46 AM
I'd be patient to wait till the Fed is out of the way. I expect a big spike up upon the Fed meeting. I'm sure the Fed and its proxies always do something upon Fed meeting to make you believe the market likes its decision. SPX 3050 - 3100 likely...............
Edited by redfoliage2, 26 July 2019 - 09:49 AM.
Member
Posted 26 July 2019 - 09:55 AM
Meanwhile...
zerohedge added,
Dollar Surges After Kudlow Says White House "Ruled Out Any Currency Intervention"
Member
Posted 26 July 2019 - 09:59 AM
Brit Pound below 1.24
EURO @ 1.112
Both could sink to par soon?
I should resume currency trading, it will be very volatile next 2 to 3 months
Member
Posted 26 July 2019 - 09:59 AM
DXY could soar above 100
Member
Posted 26 July 2019 - 10:00 AM
MANY traders doing this but it could become too crowded and send VIX down to 9 or 8
That would be the SHORT QQQ & SPY OF THE CENTURY!
A trader is making a big bet on a scary market downturn in the next four weeks
https://www.cnbc.com...ce=twitter|main
i love it watch the sky......big trader lmao
Member
Posted 26 July 2019 - 10:01 AM
Market choppy and aimless but I expect it to get more active soon
NO trade during the past 30 minutes
