Plunge Protection Team? Market feels a bit manipulated,
beyond just the very obvious manipulation like Fed openly buying
HYG and JNK. I would be so angry if I came into today with
puts on those!!
2 trillion thrown into the market will get things going.
And we get $1200 or maybe some of us get nothing.
$1200 is a joke in today's average cost of living in
US.
I wouldn't pay much attention to conspiracy theories and just
stay focused on the patterns since those over the long term will
always win out. The 50d EMA for the S&P is~ 2800 and the
50% retracement is 2785 and that's exactly where things have
paused.
yeah their venture into the Corporate Bond Market is crazy
times
heck look at that old dividend play OXLCO - that thing got
hammered with everything else, look where it opened this morning
almost back to the highs, now that was the clearly the place to
sell it with that big black candle but jeez. BTW that goes
ex dividend on Tues
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Plunge Protection Team? Market feels
Posted by jtsurfah on 9th of Apr 2020 at 03:59 pm
Plunge Protection Team? Market feels a bit manipulated, beyond just the very obvious manipulation like Fed openly buying HYG and JNK. I would be so angry if I came into today with puts on those!!
LQD is almost near the
Posted by ssaffer on 9th of Apr 2020 at 04:04 pm
LQD is almost near the Feb Highs. Fed has been bidding that one up. Cannot fight it tho.
Not sure who posted this
Posted by retirefire on 9th of Apr 2020 at 04:23 pm
Not sure who posted this : LQD >126 = SPX 2850. It closed 131.83
2 trillion thrown into the
Posted by ssaffer on 9th of Apr 2020 at 07:21 pm
2 trillion thrown into the market will get things going. And we get $1200 or maybe some of us get nothing. $1200 is a joke in today's average cost of living in US.
The $1200 is to cover
Posted by mamacash on 9th of Apr 2020 at 07:49 pm
The $1200 is to cover the cost of newly minted t.p.
no doubt.
Posted by ssaffer on 9th of Apr 2020 at 07:50 pm
no doubt.
I wouldn't pay much attention
Posted by patellee on 9th of Apr 2020 at 04:01 pm
I wouldn't pay much attention to conspiracy theories and just stay focused on the patterns since those over the long term will always win out. The 50d EMA for the S&P is~ 2800 and the 50% retracement is 2785 and that's exactly where things have paused.
yeah their venture into the
Posted by matt on 9th of Apr 2020 at 04:01 pm
yeah their venture into the Corporate Bond Market is crazy times
heck look at that old dividend play OXLCO - that thing got hammered with everything else, look where it opened this morning almost back to the highs, now that was the clearly the place to sell it with that big black candle but jeez. BTW that goes ex dividend on Tues