390 next week. And 420 by end of year
Overreaction and positioning. Although powell was hawkish because todays fed has a third tool ontop of rates and balance sheet. These dumb press conferences and immediate algo overreactions
He confirmed that now the max before a pause is 4.75. A lot of people were thinking it’ll be closer to around 5. Now the bell curve peaks at 4.5. And tail ends (low probability ends regards) are 4 and 5
Sentiment Algos saw hawkish news and sold. Paper hands sold. You regards doubled down on puts to try to awake from your recent hibernation and porn loss and it dipped fast. Algos saw velocity and acceleration go down fast and it was a snowball.
Well sorry. Big boys had buy orders at the big supports. They held. Now all analysts have repriced their P/E ratios for this year and next Factoring in the pause when we get to 4.5. And bam. Buy buy buy. Now you’ll have a lot of TINA. Short covering. And any big favorable news will lead to 2-3% up days
Also not to mention doesn’t matter what party wins next week. Markets always run after midterms
Enjoy spy 420 by eoy 🚀🚀🚀🚀
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At what point in his last press conference did he ever mention a pause?
Ban him if we don’t finish above 380
>It is indeed foolish to try and predict the future, but I am certain that the stock market will continue to rise in the coming weeks and months. Anyone who tries to short it will be met with fierce resistance.
!remindme 5hours
Lets pray for those numbers my man..
I believe this but seeing this on WSB makes me concerned
Let me guess! Bagholding a tonne of SPY 390C expires next week?
This one looks like the average dumbest r/cryptoCurrency post. Well done OP 🙂
My calls hope so buckarooo
What an awful post.
Was the part where he confirmed rates max at 4.75 when he said “rates may have to go higher than we expected?” Or did I miss something?
you were saying?
Wishful thinking. Be careful you may get crushed going long into headwinds. Earnings and jobs haven’t reflected the impact of rates, believe the companies negative guidance.
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Stonks go up.
OP makes new Reddit accounts every couple weeks, LOL.
wow, full regards out here buying bricks of copium and trying to cut it with tears. Only pivot happenin is Jpow diving into everyone’s anus with a 360 twist.
OP got bamboozled by bull trapists.
What he said ☝️
I’m gonna suggest 330 spy puts 30 days out because that’s where we need to be to tackle inflation. The market cannot be green at 8%inflation
cope
Stocks rally to eoy and fall off a cliff early January?
im really curious is to what type of people actually give a shit? its like believing what the news tells you. If your not invested into gme and trying to end this circus of them stealing money from us..Your useless..The market is rigged.. WAKE UP!!
![img](emote|t5_2th52|4886)
![img](emote|t5_2th52|18630)
Jpow will pound you ![img](emote|t5_2th52|4641)