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Misc Stock Market

Google relative weakness today...split on Thursday. Nothing today is making sense...

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Added Google at $2227. See if it can bounce into close and into the split. Stop at $2217.

Closed my Apple puts for net nothing.

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Agree with this…




Fed funds futures traders are just baiting the Fed now…telling them to go ahead and break it.

My thought was 75 but I’m not sure now, would probably say it’s 50/50.

Unfortunate Powell had his hands tied in late 2019 and was forced to lower. We would have been in a much better position today if that decision was not taken .

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Unfortunate Powell had his hands tied in late 2019 and was forced to lower. We would have been in a much better position today if that decision was not taken .

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Context:

"The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate. Take a look around the World at our competitors. Germany and others are actually GETTING PAID to borrow money. Fed was way too fast to raise, and way too slow to cut!” - Donald Trump 10/24/2019
 
Q's is on a 4 month stretch of not having 2 green weeks in a row. That's longer than any stretch it saw during the financial crisis....Fed finally bailed out everyone back then. We aren't getting that this time...we are getting the opposite.
 
Q's is on a 4 month stretch of not having 2 green weeks in a row. That's longer than any stretch it saw during the financial crisis....Fed finally bailed out everyone back then. We aren't getting that this time...we are getting the opposite.
I can see unemployment reaching 20% to maybe 30% or higher. This is going to be a Depression.
 
Ok I sold. Tqqq loaded balls deep in the 23.60’s and just unloaded in the 24.50’s. Probably means we gap fill back above $25. Oh well. Good low risk trade regardless.
 
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