Expected view on cut - spike down based on .25 pt cut
followed by reversal higher since 'more cuts are possible'.
Anything else i.e. .50 pt cut = super bull. No cut =
super tank.
Posted by chadtech on 18th of Sep 2019 at 01:17 pm
Im thinking it comes down to liquidity. There is not
enough right now just based on the fed having to intervene in the
fed overnight repo rate. If the fed provides enough liquidity with
its statements today we may be able to rally more, but odds are we
are late in the ninth inning here.
Expected view on cut -
Posted by deep on 18th of Sep 2019 at 01:12 pm
Expected view on cut - spike down based on .25 pt cut followed by reversal higher since 'more cuts are possible'. Anything else i.e. .50 pt cut = super bull. No cut = super tank.
Im thinking it comes down
Posted by chadtech on 18th of Sep 2019 at 01:17 pm
Im thinking it comes down to liquidity. There is not enough right now just based on the fed having to intervene in the fed overnight repo rate. If the fed provides enough liquidity with its statements today we may be able to rally more, but odds are we are late in the ninth inning here.
https://www.bloomberg.com/news/articles/2019-09-17/overnight-funding-rate-surges-above-8-in-early-tuesday-trading
Posted by chadtech on 18th of Sep 2019 at 01:17 pm
https://www.bloomberg.com/news/articles/2019-09-17/overnight-funding-rate-surges-above-8-in-early-tuesday-trading