Turnupthevolume @LookAtTheVolume
Just another minnow Joined June 2020-
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Look at the Fed’s latest H.4.1 statement. They are paying 4.9% on $3.4 trillion on bank reserves; they are paying 4.8% on $2.6 trillion in money market mutual funds parked overnight through reverse repurchase agreements. Just think: The Fed is shelling out an annualized $291 billion on $6 trillion in cash to keep it from going into the real economy. It’s more than the Fed earns on its own portfolio so Treasury is advancing funds. How much of that interest being paid by the Fed is going to foreign-owned financial institutions?
@beetlechocolate A 34 year old that looks like a 44 year trying to look like a 34 year old.
@jcashmoney9123 @JimJame74888138 That’d be wild. They even got me bulled up. Shorting for a small dip into midweek. Not anticipating the big one just yet.
@MikeWShell @mwebster1971 @traderaider42 Probably. The video alone made it seem very weird (no pants, drink in hand) but the call gave context, seemed like he was trying to stay/play cool.
@hftquant_ Looks like 3 black crows. Es and nq similar to 11/30-12/2. High volume on es but 3rd consec lower high. Vol crush into big data. All odd.
@DavidCritz @MetreSteven Yes. Straight out of the womb up until he got to ride the Frozen ride.
@swingtrader Tend to agree. Never short a dull market and the gyrations are anything but dull. We’re having a ton of volatility after an extended move up. At minimum I’d be cautious long.
@trenderer798 @Jake__Wujastyk Where it gets tricky is if you use es we just hit top of range. Spy had that gap down on 12/16 but it wasn’t on a new week. Will be interesting for sure. I see a bull trap here but we’re really on the cusp of this flipping bull as well. Great post.
@CL_fTrader Don’t think this is the big rip up yet. See some signs of this being a trap.
@WifeyAlpha I used bing to bing google before I asked you what google is.
@gwestr No. I believe the cutlery is pure stainless steel.
@JJOTrading It’s also the bottom of the last set of consolidation from mid Nov to mid dec 🤷♂️
@JakeSherman Only so many Ls he’s willing to take I guess.
@LongTplexTrader She’s being nice. When I’m old and children in laws bake delicious goodies I’ll eat 8 and leave 1.
@AndrewThrasher @caymuscab @NETLFIX Ah, the good ole Netflix and Chill move; as if one baby wasn’t enough!
@PriapusIQ Well you could say you nailed it.
@JimJame74888138 That is true magic, having the power to be able to dilute water.
@rennyzucker Lol took me a minute to realize you we’re talking about madoff and had to google his middle name.
@rjrcapital Eh I’ll be honest in that I thought we’d get a lot more of a pop today given what you said. If this ends up pinning through the rest of the year with vol crush I’d say that’s not good for bulls.
Julia Cordova✨ @CordovaTrades
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