before someone says wtf just happened
FOMC minutes just dropped.
TLDR
main point
https://www.federalreserve.gov/monet...es20221214.htm
all the FOMC members and voting committee agreed
"Officials Agreed Rate Cuts Shouldn't Happen in 2023"
in other words
higher for longer.
sure they can pause rate hikes but don't expect rate cuts this year.
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01-04-2023, 11:35 AM #1771
- Join Date: Aug 2010
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01-04-2023, 12:18 PM #1772
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01-04-2023, 12:22 PM #1773
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01-05-2023, 06:41 AM #1774
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01-05-2023, 07:09 AM #1775
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01-05-2023, 07:58 AM #1776
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01-05-2023, 08:32 AM #1777
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01-05-2023, 08:48 AM #1778
- Join Date: Aug 2010
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tmmrw is non farm payroll report data will be out pre market.
after tmmrw market will either dump to 3700 or go to 3950.
I have no clue which way its going but expect this 4 weeks stuck in SP 500 at 3850 range to break.
oh before you say let me go buy strangle
market maker (cough Citadel) is way ahead of you
spreads are massive. (absolute shiit show / one of the highest I have seen in long time on par with FOMC days and market seems to be pricing in god know what tmmrw)
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01-05-2023, 08:54 AM #1779
- Join Date: Dec 2007
- Location: Littleton, Colorado, United States
- Age: 56
- Posts: 26,104
- Rep Power: 250233
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01-05-2023, 09:03 AM #1780
- Join Date: Aug 2010
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yeah the odds of good report seem slim
out of last 13 NFP reports
only 2 market rallied on....11 were sold off.
if there is no increase in unemployment ufffffffff
feels like market will rip new one to downside.
market needs 4%+ unemployment rate badly
3.7% will cause no change in fed stance.
makes you wonder who the phuck is writing these reports.
every day we hear layoffs but somehow unemployment is just perfect.
made me lol
JPow be like to everyone.
btw these are the same *******s that said 2020 that there won't be any rate hikes till 2023
last year they did 450 bps of hikes in 1 year
this year they plan on making decisions based on data that comes (saying they have no clue)
the same Fed that thought printing 4 Trillion from 2020 to 2021 was good idea
and keeping interest rate at 0 percent for two years.Last edited by Carbonfibre; 01-05-2023 at 09:27 AM.
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01-05-2023, 09:36 AM #1781
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01-05-2023, 09:43 AM #1782
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 11,347
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Sure, but this should be having effect.
Someone isn't going from amazon to oil rig.
https://layoffstracker.com/
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01-05-2023, 09:50 AM #1783
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01-05-2023, 09:54 AM #1784
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01-05-2023, 10:10 AM #1785
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01-05-2023, 10:48 AM #1786
- Join Date: Apr 2012
- Location: Alberta, Canada
- Age: 39
- Posts: 26,287
- Rep Power: 238036
I've just now started to see stories of people looking for jobs in Tech and not being able to find them, the earliest hints of it anyways
People who bailed on working because they thought they'd be able to retire on the back of blowing up asset values they didn't sell and have now been out of the workforce for a year or two as we head into a likely white-collar recession, they might be in a rough spot for a bit
I dunno, I've gotten three unsolicited calls from recruiters over the past month
Natty gas cratering is a great development towards telling Russia to get fukked
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01-05-2023, 11:53 AM #1787
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01-05-2023, 12:33 PM #1788
- Join Date: Aug 2010
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hedgies don't lose
remember the game is rigged
Kenny isn't going to lose
when he reads retail order flow
hedge fund that is also market marker.
no conflict there at all SEC.
"The hedge fund operation made about $28 billion in revenue, while Citadel Securities, one of the world's biggest electronic-trading firms, brought in $7.5 billion, the report added."
https://www.reuters.com/business/fin...sj-2023-01-05/
meanwhile
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01-05-2023, 12:47 PM #1789
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01-05-2023, 12:57 PM #1790
Something a lot of people tend to forget is that you gotta keep your competency in whatever you are good at even if you’ve moved up into management/corporate. Moving up is great, but you get downsized quickly if you aren’t a top performer or aren’t contributing directly to the bottom line. This happened at my company a few years back and instead of going back down into operations they thought they were too good and we’re going to find a similar job at a different company. They ended up losing their seniority and doing operations at a different company on the lowest rung LOL
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
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01-05-2023, 01:03 PM #1791
Very true. I learned early to choose companies that invest in you, they may not pay as much up front but if it furthers your development and you are an asset to them and contribute true value they tend to be much more likely to keep you during tough times.
Companies clean house during times like these.
We've done layoffs where I work the past 6 months, but I have tried to be more diverse than I normally would all year this year doing my best to show value and that I can be a team player.
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01-05-2023, 01:25 PM #1792
https://twitter.com/1200616796295847...10791016550401
saw that coming. More to come
wow natural gas. Getting close to 2020 lows. If it legs down again.
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01-05-2023, 01:29 PM #1793
plan your trade
trade your plan
fingers crossed
sqqq
jan06 54.50cc x10
jan06 56.00cc x10
jan06 58.00cc x10
58.00 might be close but hoping all get called away. I think there is a good chance QQQ dips below 260 tomorrow and possibly test 258.50, maybe next week.Last edited by usersignup2; 01-05-2023 at 01:37 PM.
2022 Option Trading Realized Gains: $125,348 USD
2023 Goal: $140,000
2023 Option Trading Realized Gains: $142,035 USD
2024 Goal: $80,000
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01-05-2023, 01:52 PM #1794
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the **** is that above ^ there is another thread for that
................................
from the previous page
tldr
Citadel Securities is hedge fund typical sell/buy etc
However the twist is that Citadel is also Market maker.
45-50 percent of all of volume goes through them.
When you send trade / your broker is the middle man they will send the order out and some buyer will come in and take your trade on.
Citadel happens to be that middle man.
Hence why RobinHood has commission free trading
All the order flow is read by Citadel
Capitalism at work.
Rich get richer.
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01-05-2023, 01:56 PM #1795
https://www.cnbc.com/2023/01/05/vinc...-comeback.html
stock is up AH
Yep. Dirty chit. apes rolling in their graves
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01-05-2023, 02:02 PM #1796
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01-05-2023, 02:02 PM #1797
https://www.tipranks.com/news/ctmx-s...me%3D2&color=2
NVAX, will sleep on it and see
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01-05-2023, 02:04 PM #1798
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01-06-2023, 05:43 AM #1799
- Join Date: Sep 2007
- Location: Rhode Island, United States
- Posts: 10,018
- Rep Power: 33287
TSLA can only go up... they are head and sholder above the competition...
T: Cutting prices due to weak demand in China.
I can't wait until the CCP stabbing him in the back...
Elias: just for that I ma sell my PLTR stash ****gggoot lol
edit posting it in the right place now"Paper money is going away" - EM
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01-06-2023, 06:42 AM #1800
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