Jorma Posted January 7, 2021 Report Share Posted January 7, 2021 1 minute ago, DrStool said: There's zero need for repo when the Fed is cashing you out at $200 billion per month. They are still very long aren't they? Link to comment Share on other sites More sharing options...
potatohead Posted January 7, 2021 Report Share Posted January 7, 2021 Lee, a fed governor from your neck of the woods. The Fed may cut its monthly bond purchases as soon as the end of this year: Philadelphia Fed President Harker https://www.bloomberg.com/news/articles/2021-01-07/harker-says-fed-may-begin-paring-bond-purchases-in-late-2021 Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2021 Author Report Share Posted January 7, 2021 https://www.facebook.com/lee.adler.18/posts/10211270704860351 Trump is no laughing matter. He is a narcissistic, dictatorial fascist at heart. That's as anti-American as you can get. We should all be afraid. Very afraid. January 26, 2017 6 days after Trump's inauguration Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2021 Author Report Share Posted January 7, 2021 1 minute ago, potatohead said: Lee, a fed governor from your neck of the woods. The Fed may cut its monthly bond purchases as soon as the end of this year: Philadelphia Fed President Harker https://www.bloomberg.com/news/articles/2021-01-07/harker-says-fed-may-begin-paring-bond-purchases-in-late-2021 Yes. I have addressed how that might unfold in my Liquidity Trader Reports. Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2021 Author Report Share Posted January 7, 2021 26 minutes ago, Jorma said: They are still very long aren't they? Absolutely. And it's all financed with private bank to bank repo. That's the problem. The Fed repo program is still available though. Could be revved up again when needed. Link to comment Share on other sites More sharing options...
Jorma Posted January 7, 2021 Report Share Posted January 7, 2021 47 minutes ago, DrStool said: Absolutely. And it's all financed with private bank to bank repo. That's the problem. The Fed repo program is still available though. Could be revved up again when needed. Which is what I was getting at. With coupons soaring "as needed" could crop up anytime. Help me out here. I am looking for the cracks you keep harping about if TNX got above 1. Well here we are. Then again the Fed reiterated at the last meeting the repo desk is ready willing and able. So if it heats up what difference will it make. For awhile anyway. Link to comment Share on other sites More sharing options...
SiP Posted January 7, 2021 Report Share Posted January 7, 2021 TLT Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2021 Author Report Share Posted January 7, 2021 5 day cycle projection 3845 Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2021 Author Report Share Posted January 7, 2021 Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2021 Author Report Share Posted January 7, 2021 37 minutes ago, Jorma said: Which is what I was getting at. With coupons soaring "as needed" could crop up anytime. Help me out here. I am looking for the cracks you keep harping about if TNX got above 1. Well here we are. Then again the Fed reiterated at the last meeting the repo desk is ready willing and able. So if it heats up what difference will it make. For awhile anyway. Right. Link to comment Share on other sites More sharing options...
SiP Posted January 7, 2021 Report Share Posted January 7, 2021 Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2021 Author Report Share Posted January 7, 2021 I'm seeing ferocious short squeezes on stocks that had just triggered sell signals and looked primed to break down in the past week or so. This is a bloodbath. I had a few of them and covered immediately the instant the sell signal reversed. For me, it was just a scratch. For committed shorts, it's amputation time. Link to comment Share on other sites More sharing options...
DrStool Posted January 7, 2021 Author Report Share Posted January 7, 2021 On the cusp of another breakout. Link to comment Share on other sites More sharing options...
potatohead Posted January 7, 2021 Report Share Posted January 7, 2021 5 minutes ago, DrStool said: I'm seeing ferocious short squeezes on stocks that had just triggered sell signals and looked primed to break down in the past week or so. This is a bloodbath. I had a few of them and covered immediately the instant the sell signal reversed. For me, it was just a scratch. For committed shorts, it's amputation time. I get the sense that very few traders will profit on this disaster on the downside. Many have to be getting destroyed trying as you suggested. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.