30 replies to this topic

[redfoliage2]

BTW, the Fed is to have a FOMC meeting next Tue and Wed ........................

BOJ monetary policy meeting Thur and Friday:

https://www.boj.or.j...minu/index.htm/

Edited by redfoliage2, 12 March 2021 - 02:11 PM.

[redfoliage2]

USD/JPY flying again now over 109, the yen carry trade as another source of liquidity is helping US stocks I guess they are going to close everything in green today but VIX.......................

Edited by redfoliage2, 12 March 2021 - 03:00 PM.

[redfoliage2]

I see this is setting up for another big Monday ......................

Edited by redfoliage2, 12 March 2021 - 03:39 PM.

[redfoliage2]

Both SPx and Dji made new highs last week, now expect big tech to catch up ......

[redfoliage2]

Forget about the bond rate hype.  It's all about liquidity, the higher the bond rate the more money inflows from the yen carry trade .......................

[redfoliage2]

NYSI turned into bullish phase last week, so expect to see new highs for the general market in this week ..........................

[redfoliage2]

Tech sectors are catching up as shorts are afraid of possible actions on bond rates from the Fed meeting and so forced to cover.....................

Edited by redfoliage2, 16 March 2021 - 09:53 AM.

[redfoliage2]

Now expect SPX 4000 soon ........................

[redfoliage2]

"Night monkeys" (should not be called so if they are in Asia and Europe) were able to push the US index futures down using bond rates as a tool.  These traders are unlikely retails.  But let's see if they can get a follow-up in the US cash market.  Obviously some of big players (looks like about one-third of them) in the "House" are not following the dealer.............................

Edited by redfoliage2, 18 March 2021 - 07:51 AM.

[12SPX]

I call them pajama traders lol!