Sal98

Sal98

Today is gonna be a major day this week, see why: Today we have the: 1) "Initial Jobless Claims" report (It's gonna be bad) 2) “Core Durable Goods Orders" Report Thursday we have threatening reports too: 1) “The Federal Open Market Committee (FOMC) Meeting Minutes” (It's gonna be bad too) 2) “Gross Domestic Product (GDP)” (Not positive at all) Conclusion:...

Sal98

Fed to Plow Ahead on Half-Point Hikes , Undeterred by Stock Slump Powell says won’t hesitate to tighten above neutral if needed. St. Louis Fed President James Bullard, a hawk and Federal Open Market Committee voter, said he backs the central bank’s plan to hike interest rates in half-percentage-point steps -- moves that are already reflected in rates...

Sal98

J. Powell announced today that we will NOT hesitate to be MORE STRICT in increase the rates even more, regardless of the market consequences. It’s clear that the Fed is estimating a crash and can do nothing about it so, Powell is going with the flow. Why not! Inflation is the main target here and the Fed is gonna do anything to reach their aim. Short now or...

Sal98

The Cubs are hungry, and dinner is served! If the whole US is shorting NASDAQ, then what do you expect to have? ;)

Sal98

FOMC meetings + Inflation + Less Profits + Unemployment = The Mother of all Crashes I am not optimistic at all nor exaggerating… Just wait and see.. better grab 1 month worth of popcorn. Declamer: This is my personal opinion and not financial advice. Everyone is purely accountable for his trades and decisions. Good luck!