DrStool Posted March 4, 2020 Report Share Posted March 4, 2020 US500 Chart by TradingView Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2020 Author Report Share Posted March 4, 2020 Oh boy. The Fed will have to cut again, probably by Friday or Monday. If they choose not to, people will start to question the Fed's power. But if they do make a move, traders will freak the fornicate out. The stock market will crash. Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2020 Author Report Share Posted March 4, 2020 LEE'S FREE THINKING Look For Your Big Fat Home On the Range by Lee Adler • March 4, 2020 • 0 Comments Stock Market Trading Setup for Wednesday, March 4, 2020 Hourly ES S&P 500 Futures Chart As of 7:50 ET, the S&P futures are slopping their way higher. The target looks like 3097. The momentum and cycle indicators show no sign of a rollover Beethoven yet. Link to comment Share on other sites More sharing options...
Jorma Posted March 4, 2020 Report Share Posted March 4, 2020 51 minutes ago, DrStool said: Oh boy. The Fed will have to cut again, probably by Friday or Monday. If they choose not to, people will start to question the Fed's power. But if they do make a move, traders will freak the fornicate out. The stock market will crash. I assume you mean because the actual overnight rate is lower. Where do you find that? I can find a futures quote. Is that what you use? I see March 98.9825 April 99.23 Google is just getting worse and worse, Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2020 Author Report Share Posted March 4, 2020 Investing.com Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2020 Author Report Share Posted March 4, 2020 0.817 on the 13 week bill. Link to comment Share on other sites More sharing options...
Jorma Posted March 4, 2020 Report Share Posted March 4, 2020 1 hour ago, DrStool said: Oh boy. The Fed will have to cut again, probably by Friday or Monday. If they choose not to, people will start to question the Fed's power. But if they do make a move, traders will freak the fornicate out. The stock market will crash. They could end notQE and scale back repos. How is that for some sick humor. Still how are they going to justify more of those and QE too? How is Jerry going to show them the money? Maybe they are counting on the ECB, BOJ and BOE for now. Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2020 Author Report Share Posted March 4, 2020 Seems like they're in a Catch 22. Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2020 Author Report Share Posted March 4, 2020 The typpical 10 minute bar is now 15-20 points. Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2020 Author Report Share Posted March 4, 2020 KABOOM. HEAH WE GO NAH! Link to comment Share on other sites More sharing options...
Jorma Posted March 4, 2020 Report Share Posted March 4, 2020 TNX beyond belief. Well the whole thing. History in the making. Watching for signs of a bottom. It sure would be fitting. Maybe in 10 or 20 years however. Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 4, 2020 Report Share Posted March 4, 2020 Resubstantiation Day..... the FED interest rate cut , gotta make it count...... >: if all interest rates are 0 or less, the value of assets are infinite....... Link to comment Share on other sites More sharing options...
Jorma Posted March 4, 2020 Report Share Posted March 4, 2020 They may be able to boost every asset price imaginable, for awhile, on hopium. Still, they need to see the money. Well I would think so. The evaporation of oil as an asset is a stupendously deflationary thing. I mean cripes. Oil has been a mother asset for 150 years. Oils political clout is evaporating too. Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2020 Author Report Share Posted March 4, 2020 There are so many intraday cycle juxtaposes my head is spinning. Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 4, 2020 Report Share Posted March 4, 2020 Right back to the 3100/announcement...... It is always that easy....... Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.