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Mikeinnyc

09/15/2020 20:08

$ProShares UltraPro Short QQQ Minutes from the July FOMC meeting indicated substantial support for changing communication of the bond-buying from market support to more traditional quantitative easing that looks to provide a spark to the economy as well. The practical effect would see the Fed switch from lengthening the maturities of the bonds it is targeting.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(5)

Bullsdeep09/16/2020 00:34
good read buddy

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Immune09/15/2020 21:17
So Mike would you recommend watching the value of the Euro then ๐Ÿค”๐Ÿค”๐Ÿค”

Immune09/15/2020 22:21

I can understand the context of what you're saying ๐Ÿ‘๐Ÿ‘๐Ÿ‘

Mikeinnyc09/15/2020 22:08

ECB is going to stem or cap the ๐Ÿ’ถ. Expect it to reverse with stimulus and printing However this is also Bullish for the market. I'm in for one day hoping for fed to announce any future plans. Usually sells off but we are back to bull ๐Ÿ‚ market so I have to be quick

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Midas09/15/2020 20:39
Hey man, just a noob tryna understand this climate. Been appreciating your input, especially with SQQQ...This isnโ€™t any technical research by any means, but did see a pattern as it relates to trends from September through part of January for the last several years. looks like the same (or inverse) move for the first ~2 weeks of Sept then ~last 2 (relating to quadruple witching?), then pretty much one direction from October on. Looks indentical on election years. Any thoughts/explanation? You can get as technical as youโ€™d like, i appreciate education.

Midas09/16/2020 06:53

Thank you for the info

Mikeinnyc09/15/2020 22:11

don't study sqqq but rather NDX. I am very Bullish on the market however due to the 3 days of gains bears won't give up without a fight. We will churn higher but tomorrow is a down day 65/35 chance. If the fed announcement is printing forever I'm on the other side immediately

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Celtic ๐ŸŒ™ Valhalla09/15/2020 20:11
So, do you think SQQQ will go up tomorrow?

Celtic ๐ŸŒ™ Valhalla09/15/2020 21:20

Thank you for teaching us!

Mikeinnyc09/15/2020 20:16

hopefully since I just took a position. however 3 days of gains changes the trend. just looking for a pull back on the nasdaq. not holding this long just want reassurance that the market will continue higher or rangebound. range bound means tomorrow it dips then goes back up.

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Mikeinnyc09/15/2020 20:08
changes to market support....๐Ÿ’€

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Good afternoon
How is everyone doing?
Before we start let's pray together
"Father, we come to You again with confidence and trust. We are not afraid to trust You. You have never yet failed or disappointed us, when we have come to You with our needs โ€” and You will not fail nor disappoint us now. Help us to believe in You, even when all things seem to be against us, knowing that it is because the story of Your providence is not finished, that it seems to move adversely for us."

Today i achieve my goal
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Have a peaceful night.
Remember to repent forgive and pray for the world and the president.
To YAHUSHA alone be the glorymastertrader101 09/29/2020 21:56

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