16 replies to this topic

[dTraderB]

2 trillion infrastructure plan

reduction of tariffs

FED may buy equities??

 

BUT this new BULL market starts in Q4 or later! 

[dTraderB]

Enjoy these manic trading days because it will get very slow afterwards. 
 

Want to catch the European open, outa here

 

This JP Morgan forecast is very popular with bULLS

 

https://www.bloomber...t-its-worst-now

[kinga200]

FED may buy equities??

Can they do that legally?? I thought it wete the primary dealers? but whats the difference.

Also dont forget what happened during the liquidity crisis...none of the dealers trusted each other. This quit trading back n forth. I digress...

[dTraderB]

FED may buy equities??

Can they do that legally?? I thought it wete the primary dealers? but whats the difference.

Also dont forget what happened during the liquidity crisis...none of the dealers trusted each other. This quit trading back n forth. I digress...

 

The FED has ALMOST unlimited power; that have bought BOND ETFs.... look at this:

 

‘Nothing is out of the question’: What it would take for the Fed to start buying stocks

https://www.cnbc.com...rus-crisis.html

[dTraderB]

While trillions of $$ can have a powerful effect and cannot be dismissed, money can buy only so much and in a crisis like this one 

where a virus is inflicting death  & suffering while paralyzing economies and nations, it takes more than a few trillion $ to restore the economy & confidence back to a normal state. 
BUT it will happen; however, it cannot be hastened by throwing money at it. 

If the FED behaves even more desperately then they will achieve the opposite of their desired objective: pushing on a string instead of instilling confidence in the market and financial system 

 

When the HEALTH CRISIS subsides there will be massive surge in growth from recessionary levels but for now the battle is still being fought and as the President warned it can get really bad in the next 2 to 3 weeks. 

Edited by dTraderB, 31 March 2020 - 09:09 PM.

[dTraderB]

 

 

 

 

 

FWIW

FWIW:

 

 

@TicTocTick

·

9h 

FREE RTH Plan 4/1
1. Only buys for me above 2547, targets 2661

2. Only shorts for me below 2547, targets 2440

Now 2541

10:17 PM · Mar 31, 2020·Twitter for iPhone

 

 

 

 

emini tic toc

 

@TicTocTick

 

 

[dTraderB]

Not complaining about my CRUDE CALLS but CRUDE is not down but going nowhere as S&P Futures 

drop 3%. I would prefer it trades with an 18 or 17 handle or 22 and higher instead of this tight range recently
 

Iraq reportedly plans to join the global oil war with prices ...

Business Insider UK-16 hours ago

Iraq would join Saudi Arabia and Russia as the oil giants hiking production and slashing prices in bids to claw market share. The price war ...
 

Oil selling below $10/bbl at key American hubs

WorldOil-31 Mar 2020

NEW YORK (Bloomberg) --Oil is selling for less than $10 across key North American hubs as the global demand shock from coronavirus leaves ...

Oil selling below $10/bbl at key American hubs

WorldOil-31 Mar 2020

NEW YORK (Bloomberg) --Oil is selling for less than $10 across key North American hubs as the global demand shock from coronavirus leaves ...

[dTraderB]

Will start accumulating XLF, VOO, BAC and possibly an oil stock in my LT portfolio that is currently totally cash. 

 

Will also buy more CRUDE CALLS in RISK PORTFOLIO if crude trades below $19

 

[dTraderB]

also start accumulating QQQ calls but only below QQQ 175

[K Wave]

 

FWIW

FWIW:

 

@TicTocTick

·

9h 

FREE RTH Plan 4/1
1. Only buys for me above 2547, targets 2661

2. Only shorts for me below 2547, targets 2440

Now 2541

10:17 PM · Mar 31, 2020·Twitter for iPhone

 

For me, now that the battle for 1540-1550 SOX has been waged, am using that range for the long/short.

 

Worked REALLY well for me yesterday. And looks like more short profits on the way this AM after the awesome sell signal yesterday afternoon.

Edited by K Wave, 01 April 2020 - 07:17 AM.