OceansWave
OP
Dan’l
:
Doubt tomorrow high impact news will result in any big movement.. it’s alr a done deal that most likely less rate cuts next year.. so even if numbers bad, it would not matter as at most, no cut..
OceansWave
OP
Dan’l
:
Just got to know from the news that potential government shut down as Trump telling his team to reject the budget. If this is not settled by Fri 12midnight, government shutdown. This will bring down the stock market further.. USD will go down..
Furthermore Friday is last witching hour so be expected that many options expire and a large sell off will take place..
Dan’l
OceansWave
OP
:
Even threats of shutdowns can be ridiculously destabilizing, but they’ll pass their Continuing Resolution (CR). It will contain more spending than it should and, as required to obtain support, yet another load of Projects of Opportunistic Regional Kleptomania (PORK).
I’ve gotta learn to pay more attention to options and short selling before I open/close positions…
Dan’l : I suspect Powell’s gift will spoil quickly, since it was given despite core inflation.
OceansWave OP Dan’l : Doubt tomorrow high impact news will result in any big movement.. it’s alr a done deal that most likely less rate cuts next year.. so even if numbers bad, it would not matter as at most, no cut..
Dan’l OceansWave OP : I think most have seen this cut coming and, like most quarterly reports, their 25 bps cut is somewhat baked in.
OceansWave OP Dan’l : Just got to know from the news that potential government shut down as Trump telling his team to reject the budget. If this is not settled by Fri 12midnight, government shutdown. This will bring down the stock market further.. USD will go down..
Furthermore Friday is last witching hour so be expected that many options expire and a large sell off will take place..
Dan’l OceansWave OP : Even threats of shutdowns can be ridiculously destabilizing, but they’ll pass their Continuing Resolution (CR). It will contain more spending than it should and, as required to obtain support, yet another load of Projects of Opportunistic Regional Kleptomania (PORK).
I’ve gotta learn to pay more attention to options and short selling before I open/close positions…