I am starting to press on the short positions here on the bounce off the day's lows. I do not believe that the Fed has offered anything of substance to those looking for a finish to the interest rate hikes and today is quarter end. The latter may support us through end of day and it may not. I do not believe the short term outlook appears unfavorable though and now that this news is out, I'll look to press a bit.
The Daily Dose of Trading Comments
Here you'll find short quips concerning the market mood and direction posted intra-day as the market dictates and time allows. You can find TATs strategy here. Comments here are from a trader who trades for a living.
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- I'm just getting back to see that they took them u...
- I've got to hit the road. I did find a couple more...
- The banking index is coming in pretty hard so that...
- Everything seems ok for the trade lower thesis exc...
- They early economic news did nothing to bullish be...
- The market obliged the script we sketched with som...
- The afternoon has brought the weakness I was looki...
- Not a lot of movement in any direction as the mark...
- If you look ahead to the Fed tomorrow and then mor...
- The spike down in crude prices on the oil numbers ...
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