hooo boy the shorts will be sweating it out all night after this. with a VIX at 32, traders owning expensive hedges, on their backfoot and now tech stocks will soar at the open.
Ironic that a dog like FB is what will drive the market tomorrow.
I was just selling shorts at higher prices in the aftermarket well above what I bought in the regular session. Heck FB missed on revenue; just lower spending.
Can you explain what PLTR does? I have cloud engineer and software engineer friends in Silicon Valley and they don't know what PLTR does besides "data analytics" whatever that means. Google, Aaple, Microsoft and Amazon do big data too.
big day...GDP, apple, amazon, twitter, and will be fascinating to see if this rally holds or if it is knocked down like some other recent rallies. VIX starting at high levels: 30
GDP big negative miss....interest rates falling, stocks don't care.
This is probably causing the fed to sigh in relief...that they don't have to step in with multiple 50 pt hikes. Maybe we'll get lucky and the economy will moderate on its own, ending inflation without the Fed having to throw us into recession.
I'm seeing all kinds of notes like this - that sentiment is pretty much lowest ever by many measures. If you believe at all that you make money by being greedy when others are fearful, then you have to start thinking stocks right now.
Again, this is one, there are others. People have moved to one side of the boat.
Macro Charts @MacroCharts Investor sentiment is at historic pessimism. In 35 years, only five other weeks got this extreme: • Four during the 1990 Recession trough / Inflation peak. • One at the exact bottom in March 2009.
GDP big negative miss....interest rates falling, stocks don't care.
This is probably causing the fed to sigh in relief...that they don't have to step in with multiple 50 pt hikes. Maybe we'll get lucky and the economy will moderate on its own, ending inflation without the Fed having to throw us into recession.
I might be wrong on this - interest rates are rising a bit...which suggests the bond market thinks this was actually a strong GDP number. Which will just make the Fed sweat more because they will have to act strongly to raise rates, potentially tossing us into recession.
Or we get a hole-in-one and luck out with a soft landing with economy intact and low inflation.
Let me get this straight, we should be buying stocks in the front of the apparent collapse of the fake economy. The Fed knows nothing, and along with the politicians created a massive asset bubble with exploding inflation.
Let me get this straight, we should be buying stocks in the front of the apparent collapse of the fake economy. The Fed knows nothing, and along with the politicians created a massive asset bubble with exploding inflation.
I think the point is that the real economy is doing quite well. Consumer spending up strongly.
Let me get this straight, we should be buying stocks in the front of the apparent collapse of the fake economy. The Fed knows nothing, and along with the politicians created a massive asset bubble with exploding inflation.
I think the point is that the real economy is doing quite well. Consumer spending up strongly.
So good the Fed can raise 1% and reduce the balance sheet by $200 billion (split evenly between Treasuries and Mortgage backed)?