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75 basis point rate hike as expected
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Nobody read the 2 page statement?? Statement points to potentially less rate hikes so stocks spiked. Then JPow came up and was like, “by no means does that mean a pause in rate hikes” and then stocks tanked lol
Why is spy exploding on expected hike?
Let’s see the gain porn from 0dte calls
Hawkish outlook?
Annnnnd we are red
Stonks are pumping though. I don’t understand anything anymore
Dumbasses on WSB don’t remember the last 4 rate hikes? Shits green AF for like a week then back down
I shorted stock at 1:58pm.
At 2:01 I was down $200 dollars. I sold.
I just looked again and I would be up at least $200.
why am i so fucking impatient.
Spy ![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)
Stonks go up
I bought poots today. Big mistake.
Markets have to be fake
Press conference is where it’s at
*Now* I’m buying puts
For those confused. Markets always bottom before the actual recession. Market is currently pricing in a “pause” after December and current earnings as a floor.
It does not change the fact earnings are going to take a beating in 2023 which means a lower floor.
>The Fed is expected to announce a interest rate decision on Wednesday, December 14th. The current forecast is for rates to remain at 4.00%, but this could change depending on economic conditions nearer the time of the announcement.
the key is the wording around taking into consideration “cumulative” hikes. this has a dovish tone.
S&P +1% in a few seconds, this makes no sense I’m so tired of this. My puts are so down
Every analyst this week: Fed will pivot, stonks to the moon
Fed: We will do appropriate hikes until it ends when it ends which might be higher than originally anticipated or not, it will be some way to go but we hope it’ll go smoothly though maybe it won’t and we’ve been very clear about this
Markets: ???????
Honestly, at this point it’s the exact same dance every time.
Haha today makes sense. All the smart money is stupid today because the market is clearly drunk
Sounds like a sad couple of Christmases ahead.
What’s not expected is theta eating everyone
Nothing to see here folks. You were told no damn pivots long time ago
Yuuuupppppets lettsss goooo
SPY just went bananas
Spy is confused
fuck your puts and fill this wendy’s job application