RTY MFI Oversold
RTY MFI is like at zero, lol.
There's a chance that RSI goes oversold before the bounce, depending on what Powell has to say here soon. If he pumps the market again (lol), small caps will prob have the best return
There's a chance that RSI goes oversold before the bounce, depending on what Powell has to say here soon. If he pumps the market again (lol), small caps will prob have the best return
Comentário:
I guess he said THIS inflation and the market misunderstood, lol.
Now red, gotta love the Fed whipsaws, I always warn you guys the initial move is almost always a head fake.
Now red, gotta love the Fed whipsaws, I always warn you guys the initial move is almost always a head fake.
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BTW, I have no idea what the village idiot actually said, gonna hold my puts overnight regardless because I'm bearish on both China and gold.
Comentário:
Appears the village idiot did indeed go up on stage and yelled "disinflation". In 3 months time, his new made up word is going to be "re-inflation".
The market priced in the possibility of another hike in both March and May which is why it dipped and yields went up. Really odd market because there is still a rate inversion, which is odd because nobody is really expecting a recession. The only way this can play out correctly is if the war in Ukraine ends this fall.
The market priced in the possibility of another hike in both March and May which is why it dipped and yields went up. Really odd market because there is still a rate inversion, which is odd because nobody is really expecting a recession. The only way this can play out correctly is if the war in Ukraine ends this fall.
What a buffoon.