Stock Market Today: September 19th - 23rd

Discussion in 'Stock Market Today' started by Stockaholic, Sep 16, 2016.

  1. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    449
    Likes Received:
    488
    I think they raise, just to show they still have control
     
    MaximusAnalysis likes this.
  2. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    They dont want to derail the rally until next month!
     
  3. Revan

    Revan Member

    Joined:
    Jun 20, 2016
    Messages:
    87
    Likes Received:
    22
    I don't think the FED will raise rates until the market tells them to raise, which like now looks.like December. Although I am sure that will change as we get closer to December.

    I'm going all cash ahead of this announcement. If they do raise, I will go short with everything I have.
     
  4. Revan

    Revan Member

    Joined:
    Jun 20, 2016
    Messages:
    87
    Likes Received:
    22
    But I thought the FED wasn't political. ;)
     
  5. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    If no hike it gets down to whether the language is Hawkish or Dovish. Consensus has been no hike but financials have still been creeping up possibly on the prospect of good language from the meeting. With that the market does not always move as expected...Good luck to all...TTT
     
  6. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    i think her language will be more important than the decision, i still think they dont go, but whether she is hawkish or not will be huge.
     
  7. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    449
    Likes Received:
    488
  8. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    predicable. they would have set us up better like last year when they kept on hinting that they would raise. plus the election is right around the corner, of course they wont admit it though.
     
  9. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    NUGT and TWLO moving nicely here.
     
  10. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    nice ... stockaholics crushed that fed poll! :cool:
     
  11. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    TLT and T popped as well, all the usual trades working again...for today. cant rejoice yet, got to see how the week ends to see if these moves are legit here to stay. or if "from false moves come fast moves" to other side.
     
  12. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    Will have to see what Aunt Yellen has to say but nothing Hawkish yet as financials are being pressured. A political decision IMO
     
  13. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    Aunt Yellen starting to sound Hawkish
     
  14. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    she sounds hawkish, but at the same time she is cautious. while things are getting better, they are still taking a "wait and see approach".
     
  15. Revan

    Revan Member

    Joined:
    Jun 20, 2016
    Messages:
    87
    Likes Received:
    22
    From 4 to 2, then 2 to 1, and most liklely from 1 to none. What a joke. Even though markets initially moved down on divided FED, I doubt it will last. Market has the green light to party until December when we get to do this all over again, and again, and again. Of course fundamentals could send the market lower, yeah right.

    3 months is along time for at least one economic report to throw the stars out if alignment and change that 1 to none.
     
  16. MaximusAnalysis

    MaximusAnalysis Active Member

    Joined:
    Apr 4, 2016
    Messages:
    452
    Likes Received:
    141
    Just waiting for the close vs watching this noise
     
  17. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    twlo trying to hit 60 today!
     
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    According to the dot plot, the FED is projecting 1 hike this year and 2 hikes next year, looks pretty dovish to me
     
  19. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    NUGT, TWLO, OPK, and T all moving strong here.

    they are buying the market even more after the yellen press conference.
     
  20. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    Aunt Yellen was asked if the decision was political and she said no...yada yada
    Obama is the one that nominated her...Do we bite the hand that feeds us?

    Any way the market is taking the decision well as even financials are up with the market rally
     

Share This Page