love this fed music.

FOMC in less than 12 hours!

godspeed tomorrow everyone, take those profits fast!

This post was edited by ChocolateCoveredGummyBears on Mar 20 2024 12:33am

I really wanna make a call on spy and dwac when market opens due to fomo but prob best I just sit back and watch

found this earlier, :

https://old.reddit.com/r/wallstreetbets/comments/1bikpfj/these_calls_could_be_500_baggers_turn_1000_into/




This post was edited by ChocolateCoveredGummyBears on Mar 20 2024 05:54am

no idea

i just have a plan for if it is and a plan for if it isnt. i stick with my plan for trading seasonality. will not always work out of course, but it has consistently over the last 4 years ive been active in the market.

i will ask, which scenario do you think people are more braced for:

1. this is near the year bottom
2. a correction is about to happen around the corner

as long as i hear bears loud and heavy on various trading platforms, stocktwits, webull, few discords im in, makes it easy to stick primary thesis

This post was edited by Bazi on Mar 20 2024 09:16am

hawkish fed today i would bet on

market pricing in 3 cuts as of yesterday morning?

all data has been fine, stable jobs, stable wages, persistent inflation (although still low 3s)

have to remember 2% is not really the target, the target is closer to 2.4% in the US which has been our historical average, but the fed is def gonna try to get there

zero reason for fed to cut right now

wouldnt be surprised if rhetoric changes to MAYBE cuts by late q3 or q4, but 3 cuts is doubtful, and nothing in first half.

i think dot plot might change to a couple 25 cent cuts q4 as opposed to 3x 25-50 cent cuts that is priced in

the reaction will be interesting, and ive been clear i think dips are for buying

and even more macro view - PAUSES are historically longterm bullish, fed REVERSALS (defined as cut inside of 6 months of last raise) are historically bearish

This post was edited by Bazi on Mar 20 2024 09:57am

Yea, pretty much what I’m thinking too

Also i agree, bears are digging hard right now.

I have a cousin thats a perma-bear and he’s trying to push the narrative of a potential RATE HIKE..... im like brah, these bears are getting desperate

well i was wrong on powell

but not wrong on reaction

and put ratio just increasing lmao, this will keep rising and there won't be a meaningful pullback until they convert over

Hope you bought those calls lol 💰

Nah I been on quite the bender this week I got shitfaced and slept thru market again :(, convinced my friend to do it though and he made a quick 10k today off them

Ahh all good... wouldve been risky play anyhow.. in this case it was in your favor but u never know

Njoy yourself but dont get lost in the sauce 😉



This post was edited by Pharaohmon on Mar 21 2024 02:31am