Investing General Discussion

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Sanrith Descartes

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The Janet Powell SPY chart...

1697736213964.png
 

Big Phoenix

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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.
 
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Sanrith Descartes

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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
 
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Sanrith Descartes

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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

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Yea, shit got all wacky during / after Powell Q&A.

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

Buckle up kids!
 
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