QQQ is up to their old tricks again. They are pumping now but will dump when Powell speaks. remember, bankers are sneaky dishonest cowards that hide under their desk when a real man enters the room.
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razo2 : they needed to kill the puts. but surpassed the 420. now they drop it so the 420 expire worthless but won't go below 415
razo2 : I guess JP messed up again. fake hawkish. this is the first I seen him like that.
intuitive Jackal_354OP razo2: didn't seem fake to me, he said data dependant which means they can still hike in December if need be
razo2 intuitive Jackal_354OP: it was fake because he said financial impact in the report. it was added newly into the report. that is why we have a whole session of reports asking what it that. but JP refuse to tell.
intuitive Jackal_354OP razo2: oh now I see what you meant, your right
Seraphicall razo2: Meaning a rally?
razo2 Seraphicall: yes will rally until apple earnings. if apple do good then will rally more. Friday is danger day as Hezbollah leader will talk.
you can see it as JP did a rate pause. if I can recall correctly market usually rally 7% average when a rate pause happens before the crash.