Jump to content



Photo

Now the Fed Got a Problem with Tapering


  • Please log in to reply
37 replies to this topic

#31 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 17,943 posts

Posted 26 October 2021 - 01:26 PM

SPX almost hit 4600 today with weak Internals.  VIX also turning up today.............................


Edited by redfoliage2, 26 October 2021 - 01:35 PM.


#32 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 17,943 posts

Posted 27 October 2021 - 11:33 AM

Internals indicating more selling into this topping market today.  But boyz can still push it higher just on a few FAANG stocks .....................



#33 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 17,943 posts

Posted 28 October 2021 - 03:19 PM

Tomorrow looks a selling on the fact day with both AMZN and AAPL earnings out after the close ...........................



#34 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 17,943 posts

Posted 29 October 2021 - 04:21 AM

The FAANG game should be over now ...............



#35 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 17,943 posts

Posted 29 October 2021 - 10:07 AM

With the Fed starting tapering next week the market is likely to reverse ...................


Edited by redfoliage2, 29 October 2021 - 10:10 AM.


#36 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 17,943 posts

Posted 29 October 2021 - 12:37 PM

USD jumped almost one point today, screaming the Fed is starting tapering in Nov. and probably raise the rate soon.  We are right at a top for the stock market. There will be more overnight swoons in the index futures from this toppy place......................


Edited by redfoliage2, 29 October 2021 - 12:43 PM.


#37 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 17,943 posts

Posted 01 November 2021 - 10:46 AM

Currently the market is waiting the House to vote on the spending bills, so be prepared for some more upside if the bills get passed .....................


Edited by redfoliage2, 01 November 2021 - 10:46 AM.


#38 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 17,943 posts

Posted 03 November 2021 - 05:45 PM

Now with the Fed starting tapering and the Congress in stalemate on the spending/infrastructure bills, and the market in extremely over bought conditions I'd not be surprised to see a pullback to take place soon...................


Edited by redfoliage2, 03 November 2021 - 05:46 PM.