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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: ajtj99 who wrote (77773)3/22/2023 9:52:42 PM
From: Lee Lichterman III  Read Replies (2) of 98145
 
When was the plot? Pre or post Fed? I'm reading different numbers from everyone.
Regardless, the Fed said none and the market still doesn't believe them. This is exactly why the banks blew up, we keep getting BS rallies and the "gurus" of SI keep claiming no more rate hikes.
Powell and company know soon as they pause, the bubble will reinflate, FCI will loosen and the whole inflation fight will be lost.
NVDA closed green today and GME was up 40%.
Probably 90% of non-professional traders don't know squat about macro or Fed policy. We're walking a tightrope here and the market is too young to help the Fed so keeps making their job harder. A whole new generation is going to have to learn the hard way.
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