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Post by huh on Jul 2, 2015 14:13:37 GMT -5
Would an SPX close ~2108 be asking too much?
LOL
Would definitely give this market some fireworks for the weekend though, wouldn't it?
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Post by Herceg on Jul 2, 2015 14:26:18 GMT -5
I wish everyone a happy and safe 4th of July................
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Post by crumbdon on Jul 2, 2015 14:30:08 GMT -5
Would an SPX close ~2108 be asking for too much? LOL Would definitely give this market some fireworks for the weekend though, wouldn't it? A fun thought, for sure. Right now, some really good (BS) "news" out of Greece could trigger a short-covering rally to get it there. Shy of that, I see nothing else that could work. The QE hangover has long since worn off, and the buy spikes thrown out by the algos have absolutely no follow-through from the desks or us retail schmucks. Without a fresh carrot, nothing's gonna lead the horse farther up the mountain. FWIW though, I hope you're right. I would short much larger positions then  |
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Post by huh on Jul 2, 2015 14:39:23 GMT -5
I wish everyone a happy and safe 4th of July................ Ditto that |
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Post by novie08 on Jul 2, 2015 15:11:37 GMT -5
Heard on the radio that due to the weak jobs report (wages stagnant), the Fed will not raise rates until "at least December"...guessing this is the spin that caused the small rally after 3PM. Still concerned about liquidity in the bond markets.
HAPPY FOURTH TO ALL!
See you on Monday.
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