Posts Tagged ‘federal-reserve’
A Boring Day Turns Bad
Today was boring. A big drop on the open followed by a big rally, then a late day big drop. Feeling exhausted yet? I didn’t do anything as far as the indexes went, but I did buy a few stocks. Next week the Federal Reserve will say their piece. To me it looks like the …
What Worked Today 9182007
BEING LONG!!!! Holy cow what a day. I’ve never made 8% in one day in one index before and I got it today on the RUT. The UWM closed out up 8.6%!!! I made a mistake in selling my UWM’s early in the day. Not upset at all though since I captured 3%+ and made …
Fed Cuts 50 and 50
.50 pt cut in the discount rate and .50 pt cut in the fed funds rate and they said they would act as needed. The most telegraphed big money signal is in effect.
What Sucked Today 9172007
On the day before the biggest Federal Reserve meeting in a few years, the market went down. The Dow was not down to badly, but the RUT and NDX both took near 1% losses which was a 2% beating for me and my long positions. Normally the pattern is slightly bullish heading into the announcement, …
The Most Telegraphed Big Money Signal Ever?
Have investors gone mad? Is there anything to justify a 1700-point rise in the Dow Jones industrial average in just seven weeks? Has the economy improved that dramatically? No, it hasn’t.The real story is that, all along, the economy was a lot stronger than the pundits were telling investors. Reports of the collapse of corporate …
