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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.54+1.2%Nov 5 4:00 PM EST

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To: Horgad who wrote (153802)3/2/2020 12:05:23 PM
From: TobagoJack  Read Replies (1) of 217545
 
given that the market is up, I am likely t be biased to the downside, after brushing teeth

but am as yet unsure to short the market until the Fed makes its move

may have to hold fire until see the red threads in the white of their eyes

must Focus

zerohedge.com

Dow Jumps 1000 Points From Overnight Lows, S&P Tops 3,000, TSY Yields CollapseWill jawboning alone do it?

The market is now pricing in a 50bps cut in March (was 75bps earlier today)



And for now the algos are panic-buying pavlovian-styel, with the Dow up 1000 points off the overnight lows...



Will this be the Dow's first up-day in the last 8?

And S&P back above 3,000...



But, amid all this chaos, Treasury yields are massively lower on the day...



So The Dow is up 600 points and 2Y Yields are down 12bps (and the dollar is getting dumped as gold gains).



Will Powell deliver and send The Fed deeper down the rabbit hole of interventionism (especially after the ISM/PMIs printed in expansion)
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