Pretty good, some dumb stuff from what I've heard like a pinched wire, there was some build it and "park it over there" to fix it later, for missing parts and what not.
I'm over in paint though, our quality is tight AF.
The new green is beautiful, it's got like a gold flake almost like a...
Both, volatility to sell.
Vix is damn near 30, so basically the market needs 2% swings...... premiums will be juicy heading into the Powell presser.
Followed by massive volatility crush and theta decay.
52 Trillion in the bond market isn't sweating the 9 Trillion dollar balance sheet runoff, or inflation... it really is transitory. (I know you disagree)
They'll bust out yield curve control if they need to,, and sell off short terms then buy up long terms on the back end.
I don't believe we...
No.. just that the FED literally jawboned the inflation down on words. They haven't even needed to act.
Sets up for some awesome market action though next week!!
2 separate statements between that and the massive expiry.
The market priced in 7 rate hikes with a 50 bip cannon to start AND 50...
Sick 3 Trillion dollar opex today, unwinding some leverage for sure.
Can't wait to see J POWELL on Wednesday.
We've flipped from inflation to deflation without 1 actual hike... even though 10 Yr made it to 1.8%
Looks about 45% drawdown on BTC,ETH
Spy is down 8% and a little more for the Q's..
I think they made the decision to break inflation, and deal with having the correction pre election cycle.
Gonna be an excellent few months for the DCA'ers.
Probably adjust my 401k from 30% up to 40% and max...
Folks who listen to people like Grantham lose so much money, really breaks my heart.
Took less than 30 seconds to find 1 of his articles from 2012/13 basically saying the same thing... you'd have missed 400% gains in the S&P.
All these guys, Grantham, schiff, the doomers... it's just a fear...
Still haven't seen a high volume washout and we're holding very strong through this market correction, especially going from zero to pricing in 5 rate hikes this year( I don't see more than 3)
Still averaging into my top 7 chains every Sunday afternoon.
My thesis is money will flow to the top.
I'm at MAP... we're cranking out almost 1000/day.
I think dealers are underpromising right now. To keep realistic expectations.
However my guess is early reserve orders got lost in the sauce so to speak.