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Full Version: Fed's Powell warns of 'some pain' ahead
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The markets are still not buying Fed policies
https://www.youtube.com/watch?v=u6CB_DgCmF8
They are enjoying life in Jackson Hole!



LIVE: Fed Chair Jerome Powell speaks at Jackson Hole summit
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DOW react negatively drop 1000 points on the way (I think)
Thus thread why not much people interested? Use to his speech ?....every quarter increase rate till 4% by 2023 ?
Fed has to show it is serious fighting inflation.

I don't understand why investors expect Powell to soften...he won't soften until he sees clear sign inflation is defeated.
Last CPI show inflation rate fall slightly...but was still high, investors got too excited as usual.

I posted warming that US is dead cat bounce and bounce was over.

https://sgtalk.net/Thread-US-Tech-2nd-de...ounce-over
Let see who is the next country to bust…
They will blame China again!
Easy profit for some trader last night. Usually this kind of event happened extremely rare
(27-08-2022, 07:30 AM)Rainforest Wrote: [ -> ]Easy profit for some trader last night. Usually this kind of event happened extremely rare

But it is not always in this manner, normally will kill both sides… pump up and dump….yesterday trading a bit strange. Look like they are really very panic.
(27-08-2022, 07:32 AM)RiseofAsia Wrote: [ -> ]But it is not always in this manner, normally will kill both sides… pump up and dump….yesterday trading a bit strange. Look like they are really very panic

Fundamental shift. 100% Institutional movement last night
(27-08-2022, 07:32 AM)RiseofAsia Wrote: [ -> ]But it is not always in this manner, normally will kill both sides… pump up and dump….yesterday trading a bit strange. Look like they are really very panic.

for trade, it's not strange. M30 shooting star, H1 doji, D1 200ma.
All the drama in stock market but nothing changed on the bond market.

Stock investors themselves ho and get optimistic and push up stock price then expect Powell to soften his hawkish stances. All the moves are causes by fickle minds of stock traders.

[Image: xHaWXgH.jpg]
The candlestick gap leftover is not left without a reason.

https://skyjuiceiswater.blogspot.com/202...ments.html
minor correction for next 2- 3 weeks
FA and TA show mkt would probability still uptrend in next 6 mth
(27-08-2022, 05:36 AM)ysh02 Wrote: [ -> ]Thus thread why not much people interested? Use to his speech ?....every quarter increase rate till 4% by 2023 ?

They have to increase interest rate to double digits to be effective in curbing inflation. 

But they have no guts to do it!
(27-08-2022, 12:40 PM)revealer Wrote: [ -> ]The candlestick gap leftover is not left without a reason.

https://skyjuiceiswater.blogspot.com/202...ments.html

some traders might think it would go up to cover gap 3 first before coming down but it didn’t happen yesterday.
(27-08-2022, 05:52 AM)sgbuffett Wrote: [ -> ]Fed has to show it is serious fighting inflation.

I don't understand why investors expect Powell to soften...he won't soften until he sees clear sign inflation is defeated.
Last CPI show inflation rate fall slightly...but was still high, investors got too excited as usual.

I posted warming that US is dead cat bounce and bounce was over.

https://sgtalk.net/Thread-US-Tech-2nd-de...ounce-over

you are a true genius !
(27-08-2022, 01:43 PM)TalkingRabbit Wrote: [ -> ]some traders might think it would go up to cover gap 3 first before coming down but it didn’t happen yesterday.
Left there so can come back. Know them well.
Actually scared they went to cover gap3. Not logical at all with rate hikes & QT. Very scary then going against the logic.
Smile actually my Uncle waiting, he told me even PM lee claim " Maybe " recession coming.

my idol Elon Musk also ready for it, currently doing the ground work waiting for recession coming.