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Something's Happenin Here, What It Is... 9/20/21

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19 hours ago, potatohead said:

Did the Fed secretly chose to do MBS transactions during full moons?

I don't know it's the way market works.

Nothing to do with Fed. Fed only helps to reach market objective. Then market will do what it supposed to do. 

Little history for you

1929 Top was made 3 Sep 1929 that was with New Moon.

next selling came with Full Moon after that nothing to do with moon, it was all down hill

Top in SPX was on 7 Sep 2021 with New Moon

Next selling also happen with Full moon that was yesterday. If cycle is inverted then Full moon will increase selling pressure. So nothing like before where Buying pressure took indexes up to the Moon.

Who will win?

Fed or This chart?



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