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Something on Stimulus to Be Announced Later Today


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#1 redfoliage2

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Posted 14 September 2020 - 08:41 AM

https://www.reuters....t/idUSKBN265216


Edited by redfoliage2, 14 September 2020 - 08:43 AM.


#2 gannman

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Posted 14 September 2020 - 09:13 AM

great thanks


feeling mellow with the yellow metal


#3 pdx5

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Posted 14 September 2020 - 09:46 AM

May explain the surge today.


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#4 redfoliage2

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Posted 14 September 2020 - 09:49 AM

 

May explain the surge today.

 

It's because the recent correction has completed.  Expect the rally to continue making new highs after this week.  You may call it rinse and repeat, but what else is new in the game with so much liquidity?  And what else big whales can do with this much of liquidity in the pandemic?


Edited by redfoliage2, 14 September 2020 - 09:52 AM.


#5 redfoliage2

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Posted 14 September 2020 - 10:21 AM

 

 

May explain the surge today.

 

It's because the recent correction has completed.  Expect the rally to continue making new highs after this week.  You may call it rinse and repeat, but what else is new in the game with so much liquidity?  And what else big whales can do with this much of liquidity in the pandemic?

 

BTW, when they schedule to vote this bill will pass.   There is a good reason behind.  While waiting for them to vote the stock market rally will keep going  ...................


Edited by redfoliage2, 14 September 2020 - 10:29 AM.


#6 redfoliage2

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Posted 14 September 2020 - 10:52 AM

We should see ES 3430 either late in the afternoon or in the nightly hours tonight ...........


Edited by redfoliage2, 14 September 2020 - 10:53 AM.


#7 redfoliage2

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Posted 15 September 2020 - 12:19 PM

The market keeps rending higher today and it must be on something pending, could be something in vaccines or stimulus .........,

Edited by redfoliage2, 15 September 2020 - 12:28 PM.


#8 redfoliage2

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Posted 15 September 2020 - 12:39 PM

The market keeps rending higher today and it must be on something pending, could be something in vaccines or stimulus .........,

BTW, I'm not expect much from the Fed conference tomorrow, which is likely a non-event as Powell is not a man to make a surprise ...............


Edited by redfoliage2, 15 September 2020 - 12:41 PM.