24 replies to this topic

[redfoliage2]

The market is patiently waiting for the directions from the Fed, expecting big moves, up or down later in the week .....................................

Edited by redfoliage2, 14 June 2021 - 11:02 AM.

[redfoliage2]

I expect no negative surprises out of the Fed meeting after 2 pm today, so we should find the market happy in the afternoon.  But let's see  ...........................

Edited by redfoliage2, 16 June 2021 - 10:42 AM.

[redfoliage2]

Yesterday the Fed sent a negative surprise on the inflation/rate outlook causing some selling in the market.   Let's see how soon this dip will be bought.  I bet it will be bought again as usual  ..................................

Edited by redfoliage2, 17 June 2021 - 09:31 AM.

[redfoliage2]

Obviously there is no shortage of dip buyers as NAZ is poised for new highs again.

Who cares a little rate hike in 2023?  That is still two years away..............................

Edited by redfoliage2, 17 June 2021 - 02:15 PM.

[redfoliage2]

ST bearish........................