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The FED's last few bullets? Unlimited QE RALLY on...


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#1 dTraderB

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Posted 23 March 2020 - 07:03 AM

This and renewed hopes of a stimulus agreement will produce a rally - a brief & temporary one - but it could be a punishing one for bears who overstay their welcome. Ride it up for as high as it goes then be ready to exit  and reverse.... LOWER LOWS ahead, below SPX 2000, but sharp rallies before that happens
 

https://www.cnbc.com...-purchases.html



#2 dTraderB

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Posted 23 March 2020 - 07:05 AM

If market cannot rally for at least 7 to 10% on FED and STIMULUS agreement then there will be a major move down

https://www.marketwa...3?mod=home-page



#3 dTraderB

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Posted 23 March 2020 - 07:07 AM

Did not see this coming but am happy to hold CRUDE CALLS and a small VOO LONG

 

The Fed Goes All-In With New, Unlimited Bond-Buying Plan
The New York Times-5 minutes ago
The Fed is also resurrecting a program from the 2008 financial crisis, called the Term Asset-Backed Securities Loan Facility or TALF, that encouraged loans to ...


#4 dTraderB

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Posted 23 March 2020 - 07:07 AM

Fed establishes TALF, to do open-ended Treasuries and MBS ...
ForexLive-4 minutes ago
Fed launches more measures to support the economy and transmission of monetary policy. Will buy Treasuries, MBS in the amounts needed to ensure smooth ...


#5 MikeyG

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Posted 23 March 2020 - 07:09 AM

Or Chloroquine is proven to be 95 percent effective, everyone goes back to work and we make new highs!

#6 dTraderB

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Posted 23 March 2020 - 07:11 AM

 
 

 

FED WILL BUY UNLIMITED AMOUNTS OF TREASURYS AND MORTGAGE SECURITIES
 

#7 dTraderB

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Posted 23 March 2020 - 07:12 AM

Or Chloroquine is proven to be 95 percent effective, everyone goes back to work and we make new highs!

I hope and pray we can get a vaccine or any cure soon!



#8 dTraderB

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Posted 23 March 2020 - 07:13 AM

GREEN GREEN GREEN !!
 

SPX 2500 achievable TODAY if there is progress in the STIMULUS package



#9 dTraderB

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Posted 23 March 2020 - 07:17 AM

Federal Reserve issues FOMC statement:
 


#10 dTraderB

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Posted 23 March 2020 - 07:18 AM

ok, got to close that NQ long one-lot trade now

 

WOW! 163 points!