Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,452
120,407
The Janet Powell SPY chart...

1697736213964.png
 

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
46,364
98,424
I really want to be the foremost expert in a field then be allowed to endlessly ramble and give non answers when asked incredibly important questions.
 
  • 3Like
Reactions: 2 users

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,452
120,407
I really want to be the foremost expert in a field then be allowed to endlessly ramble and give non answers when asked incredibly important questions.
Powell isnt even really an expert. He was a Wallstreet guy who isnt even a finance guy. He got a polisci bachelors and a JD. He is a lawyer. Not a Finance wonk and not an economist. He did investment banking but has no formal econ/finance education.

Now you know why he sounds like he has no idea what he is talking about. He doesnt.

1697741246991.png
 
  • 1Picard
  • 1Worf
Reactions: 1 users

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,452
120,407
If this bounce sticks, could be a great scoop. TLT already trading highs of day.

DXY, Yields, and VIX all falling. Maybe a day for a market bounce. Need Powell to wear his dovish tie today!
Sold it for a fractional loss. I realized I honestly dont know where the bottom for bonds are and that makes this a bad trade.
 

Jysin

Ahn'Qiraj Raider
6,456
4,345
Yea, shit got all wacky during / after Powell Q&A.

TLT new 52w low. VIX closed above 21. OpEx tomorrow.

Buckle up kids!
 
  • 1Mother of God
Reactions: 1 user