A fool and his money... (the second mousie gets the cheese)
Posted 21 October 2022 - 11:25 AM
They blinked.
The FED uses the WSJ to signal changes in their policy. This morning the WSJ apparently had an article that suggested rates would not be going as high as expected in December.
QQQ,SPY,LQD and AGG all off the opening lows.
I am watching for TLT to signal as that is where I will be taking a substantial purchase. So far the short end is responding favorably. Not so much the long end...but that will come in time.
Edited by Chilidawgz, 21 October 2022 - 11:30 AM.
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Posted 21 October 2022 - 12:48 PM
More Psy OPs - the MO of 2022 bear market and planned controlled demolition.
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Posted 21 October 2022 - 12:50 PM
Nothing has changed over the last couple of months...the FED is expected to raise rates through the February 1st meeting and then pause to survey the immense economic damage they've been able to accomplish in less than a years time. Just watch the interest rate sensitive A/D lines I post each week in the Markets Analysis Area...they will tell you, months in advance, when a peak in rates is likely to occur.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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Posted 21 October 2022 - 02:08 PM
It's nice for the Fed to give us heads up on OpEX day.
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Posted 21 October 2022 - 02:17 PM
It's nice for the Fed to give us heads up on OpEX day.
Also an election coming up soon I hear, they don't want the bond/stock market to crater right before it and risk being seen as 'political' - so expect more 'helpfully timed' jawboning next week or so.
I want return OF my money more than return ON my money
Posted 21 October 2022 - 09:39 PM
Also an election coming up soon I hear, they don't want the bond/stock market to crater right before it and risk being seen as 'political' - so expect more 'helpfully timed' jawboning next week or so.
Such transparent move 
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Posted 22 October 2022 - 05:07 AM
We have 2 CPI readings before Dec 14 Fed meeting... lets see what they say.
I want return OF my money more than return ON my money
Posted 22 October 2022 - 08:32 PM
We have 2 CPI readings before Dec 14 Fed meeting... lets see what they say.
Very true. This market is 95% FED driven.
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Posted 23 October 2022 - 02:57 PM
Nothing has changed over the last couple of months...the FED is expected to raise rates through the February 1st meeting and then pause to survey the immense economic damage they've been able to accomplish in less than a years time. Just watch the interest rate sensitive A/D lines I post each week in the Markets Analysis Area...they will tell you, months in advance, when a peak in rates is likely to occur.
Fib
This weeks economic data will keep rates from exploding higher. As long as a market sees a ceiling being put in, the FeD "blinking" idea"is not as critical. Might not be much of a reaction in the dot plot either, doesn't need to be. just a possible ceiling. Hope Springs eternal. (JMHO)
