no really big moves from stocks im watching, guess it was priced in already or we await a move during the conference.
Missed half of the movement but still bought at 108.35 and just sold for 112.35 prior to Yellen... I am afraid she will still leave the door open for July and talk as if everything is great
It was a mistake not to raise here, this just means we rally higher and fall further when it does come.
Your logic is flawless! lol Seriously, why wait? Are they so worried about a 5% drop in the markets? Corrections used to be a good thing!
I think a rate hike in July is pretty much off the table, just don't see how things could change so much for the next few weeks for them not to hike today but to hike next month.
New highs coming for this summer. Its starting to sound like the next rate hike will mark the top in this market.
SPY levels Im watching here. 207 support tomorrow if this sell off has legs. Still bullish as long as this remains above 205
Thank God I didn't get greedy with my PRGO yesterday. Bloomberg discredited the StreetInsider report and that thing is all the way back to the 98's.
Resistance at 209...needs to hold 205 to stay bullish. At least our chopping range is getting smaller.
and down goes all the global markets, interesting reaction to BOJ and FED decisions, glad im in some form of gold and in T, no point playing many other stocks right now. wish i was in TLT back when the yield was 1.8%, that thing got bid up pretty good! currently at 1.56%. this all feels like a repeat to the start of the year, i wonder if it will play out as such!
just checking up on the markets for the first time this week here and couldn't help but notice those treasury yields holy crapola ... 2.3% on the long bond? is that even right? never seen it that low
