82 replies to this topic

[redfoliage2]

Most likely LOW made later today or NIGHT SESSION

Typical flushing out weak LONGS during IT bottom formation
Forced liquidation etc

 

USD down today as well the 10-yr yield, indicating a lower NFP tomorrow ...........................

 

Usually bond market more trustable than stock market that looks playing a head fake today  .........................

Edited by redfoliage2, 09 March 2023 - 02:50 PM.

[dTraderB]

New long
XLF
WFC
BAC

[dTraderB]

INDA at 6mth LOW
NEW LONG

New long
XLF
WFC
BAC

[dTraderB]

UVXY UP 15%
NEW MAY PUT POSITION

[redfoliage2]

Obviously the market was hit by rumor around mid of the day, but tomorrow it may turn out to be fake ...............................

Edited by redfoliage2, 09 March 2023 - 03:34 PM.

[redfoliage2]

Obviously the market was hit by rumor around mid of the day, but tomorrow it may turn out to be fake ...............................

I have to say that this is a rumor driven market and very touchy either way ........................

Edited by redfoliage2, 09 March 2023 - 03:47 PM.

[dTraderB]

Most active trading week in 2023 not yet over. ES could trade as low as 3750 or as high as 3950 today, even higher or lower.

Worst FED ever faces a banking crisis they created. They delayed rate hikes in 2021/22 and are now erring again with their blinded insistence of raising rates as fast & high as they can in an attempt to rectify their errors.
The FED's narrow-minded tunnel vision & strategies can create an economic & financial catastrophe.

[dTraderB]

Fed Is creating financial chaos

Obviously the market was hit by rumor around mid of the day, but tomorrow it may turn out to be fake ...............................

[dTraderB]

"We want to be very clear here... we do not believe there is a liquidity crunch facing the banking industry... the headwind for the banking industry is
that the cost of liquidity is high and rising... This is a headwind for net interest margins, revenue and EPS"

Morgan Stanley

[dTraderB]

Betsy Graseck of MS continued

We do not expect that other banks in our coverage will need to raise capital:
This is because we do not expect the same level of deposit outflows at the other banks in our coverage

"We want to be very clear here... we do not believe there is a liquidity crunch facing the banking industry... the headwind for the banking industry is
that the cost of liquidity is high and rising... This is a headwind for net interest margins, revenue and EPS"

Morgan Stanley