Jimi Posted November 30, 2022 Report Share Posted November 30, 2022 1 minute ago, DrStool said: What the hell is going on? Powell at Brookings is saying a bunch of words. Link to comment Share on other sites More sharing options...
DrStool Posted November 30, 2022 Author Report Share Posted November 30, 2022 POW ell Link to comment Share on other sites More sharing options...
PullMyFinger Posted November 30, 2022 Report Share Posted November 30, 2022 Link to comment Share on other sites More sharing options...
PullMyFinger Posted November 30, 2022 Report Share Posted November 30, 2022 “Thus, it makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down,” he added. “The time for moderating the pace of rate increases may come as soon as the December meeting.” https://www.cnbc.com/2022/11/30/fed-chair-jerome-powell-says-smaller-rate-hikes-could-come-in-december.html Link to comment Share on other sites More sharing options...
DrStool Posted November 30, 2022 Author Report Share Posted November 30, 2022 Never dull a short market. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 30, 2022 Report Share Posted November 30, 2022 Fed/Powell is speaking their normal BS and then a Jam Job not much has changed Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 30, 2022 Report Share Posted November 30, 2022 Does the FED, et al..... speak something every F'in Day? >: and back to XX80 Link to comment Share on other sites More sharing options...
Jimi Posted November 30, 2022 Report Share Posted November 30, 2022 I want to say a bunch of bad words. Again. Link to comment Share on other sites More sharing options...
DrStool Posted November 30, 2022 Author Report Share Posted November 30, 2022 Regardless of whatever stupid trigger started this, it's a good bottom if it holds above 3980. Definitely worthy of a good squeeze. Link to comment Share on other sites More sharing options...
DrStool Posted November 30, 2022 Author Report Share Posted November 30, 2022 These people are completely insane. However, I got 100% long in my trading account before Powords, so I should not complain. Never splain, never complain. Tuna. Link to comment Share on other sites More sharing options...
fxfox Posted November 30, 2022 Report Share Posted November 30, 2022 35 minutes ago, PullMyFinger said: “Thus, it makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down,” he added. “The time for moderating the pace of rate increases may come as soon as the December meeting.” https://www.cnbc.com/2022/11/30/fed-chair-jerome-powell-says-smaller-rate-hikes-could-come-in-december.html That‘s simply as dovish as he could get. Poopwell the „Uber Dove“. Now the Nov candle is confirmation of Oct candle in the vast majority of charts. Link to comment Share on other sites More sharing options...
Jorma Posted November 30, 2022 Report Share Posted November 30, 2022 I was thinking now that they have the 30 day Tbill at exactly 4% they can probably keep it there as long as they want, keeping in mind the RRP slush fund. It sure seems like the markets are exceedingly well managed right now. Link to comment Share on other sites More sharing options...
SiP Posted November 30, 2022 Report Share Posted November 30, 2022 monthly candles rather look bullish Link to comment Share on other sites More sharing options...
fxfox Posted November 30, 2022 Report Share Posted November 30, 2022 Saying "I don't want to overtighten" is a marked change in tone from Jackson Hole and other speeches in Sept/Oct. https://www.forexlive.com/centralbank/powell-qa-slowing-down-at-this-point-is-a-good-way-to-balance-risks-20221130/ 1 Link to comment Share on other sites More sharing options...
SiP Posted November 30, 2022 Report Share Posted November 30, 2022 4030 looks as a battle field Link to comment Share on other sites More sharing options...
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