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Quick Navigation Bottom Misc
Forum ยป Why is the Fed even meeting today?
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Thread: Why is the Fed even meeting today?

post 1640994683 06-16-2021, 09:29 AM
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  1. lockdev
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Why is the Fed even meeting today?

It's obvious what they're going to say:

Inflation remains transitory(lol wat)
The economy continues to improve but we need to be cautious
We're staying the course
Despite out-of-control inflation, no mention of interest rate increases
Will continue to BRRRRRRRRRRR ad infinitum

TLDR;
The Fed will continue to justify the biggest theft in the history of the United States.
Misc Entrepreneur Crew
post 1640995923 06-16-2021, 09:46 AM
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Originally Posted By TugOfPeace⏩
Market makes no fuking sense. A stock I have a large position in has been bleeding heavy the past week. Yesterday and this morning in particular it hit very low levels. I sold premarket thinking we'll definitely be blood red today because of this ****gy fed meeting.

Market opens and the stock I sold makes back the previous 2 days worth of losses within an hour. WTF

Granted I bought back in, but that chit is messed up.
The group of retail investors that makes the most gains is accounts for people who died but account remained open or people who forgot about their account.
post 1640995933 06-16-2021, 09:46 AM
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  1. truesteez
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they're cornered. Reverse reserves are at ATH and bond holders are losing money with inflation where rates are at. QE pretty much exhausted.

When the music stops, you better pray to whoever you pray to. Unless you're poor then just rock on.

and just wait until they pull a Greece and start locking up/limiting your withdrawals.
post 1640995973 06-16-2021, 09:47 AM
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  1. lockdev
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Originally Posted By TugOfPeace⏩
Market makes no fuking sense. A stock I have a large position in has been bleeding heavy the past week. Yesterday and this morning in particular it hit very low levels. I sold premarket thinking we'll definitely be blood red today because of this ****gy fed meeting.

Market opens and the stock I sold makes back the previous 2 days worth of losses within an hour. WTF

Granted I bought back in, but that chit is messed up.
Trading around a Fed meeting is dangerous brah.

So many insiders getting information pre-meeting and making moves before the rest of us plebs get puppet-head Powell reading back old news at 2:30.
Misc Entrepreneur Crew
post 1640996123 06-16-2021, 09:48 AM
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Originally Posted By TugOfPeace⏩
Market makes no fuking sense. A stock I have a large position in has been bleeding heavy the past week. Yesterday and this morning in particular it hit very low levels. I sold premarket thinking we'll definitely be blood red today because of this ****gy fed meeting.

Market opens and the stock I sold makes back the previous 2 days worth of losses within an hour. WTF

Granted I bought back in, but that chit is messed up.
Not sure what your history and experience in the markets is but trading/investing is 90% psychological. You fell for the oldest trick in the book. srs.
post 1640996213 06-16-2021, 09:50 AM
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  1. BeanGainClovis
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Originally Posted By TugOfPeace⏩
Market makes no fuking sense. A stock I have a large position in has been bleeding heavy the past week. Yesterday and this morning in particular it hit very low levels. I sold premarket thinking we'll definitely be blood red today because of this ****gy fed meeting.

Market opens and the stock I sold makes back the previous 2 days worth of losses within an hour. WTF

Granted I bought back in, but that chit is messed up.
What the public sees on the stock market is disconnected from reality, the majority of volume occurs through OTC markets.

That's where banks and large corporations are making their trades, the public can't see this volume without special connections.
Beans. Cleans. Gasoline.
post 1640996963 06-16-2021, 09:58 AM
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  1. truesteez
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Originally Posted By BeanGainClovis⏩
What the public sees on the stock market is disconnected from reality, the majority of volume occurs through OTC markets.

That's where banks and large corporations are making their trades, the public can't see this volume without special connections.
Some brokers offer upgraded L2 quotes but you're right and will never see what the big boys see in regards to order flow. That's basically L3 if I'm not mistaken
post 1640997213 06-16-2021, 10:01 AM
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Originally Posted By BeanGainClovis⏩
What the public sees on the stock market is disconnected from reality, the majority of volume occurs through OTC markets.

That's where banks and large corporations are making their trades, the public can't see this volume without special connections.


Trading is like playing a video game against computer AI. Someone coded the trading algorithms you just have to get some idea of how to beat it. GL tho, the people who coded that are some kind of next level intelligence.
post 1640997303 06-16-2021, 10:02 AM
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  1. Polaris
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We phucked.
post 1640997453 06-16-2021, 10:04 AM
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Originally Posted By truesteez⏩
Some brokers offer upgraded L2 quotes but you're right and will never see what the big boys see in regards to order flow. That's basically L3 if I'm not mistaken
Well there are ways, but it's really technical. Most of the big boys are trading through automated HFT systems on these dark pools outside the main exchanges. At least since 2017 this has been the norm.

It takes a lot of work to put all those orders back together as quickly as they're made. Not only is it inaccessible through retail brokers, it's intentionally obscured. There are some roundabout ways of seeing it through public SEC data and such, but people who have the means to access this data are not going to be open about it.

For those in the know, the less the public knows the better.
Beans. Cleans. Gasoline.
post 1640997743 06-16-2021, 10:08 AM
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Originally Posted By truesteez⏩
they're cornered. Reverse reserves are at ATH and bond holders are losing money with inflation where rates are at. QE pretty much exhausted.

When the music stops, you better pray to whoever you pray to. Unless you're poor then just rock on.

and just wait until they pull a Greece and start locking up/limiting your withdrawals.
Perfectly said.
FA Crew
Always Pick 1 Crew

"Experience is something you get right after you need it."
post 1641011213 06-16-2021, 12:54 PM
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  1. lockdev
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Trolololol.

Now they're saying "inflation was so low for so long that we're looking to average it out". Holy fuk. Even the Fed is copemaxxing in 2021.

J Cockell also was spot on with expectations:
Originally Posted By lockdev⏩
It's obvious what they're going to say:

Inflation remains transitory(lol wat)Check.
The economy continues to improve but we need to be cautiousCheck.
We're staying the courseCheck.
Despite out-of-control inflation, no mention of interest rate increasesCheck.
Will continue to BRRRRRRRRRRR ad infinitumCheck.
Misc Entrepreneur Crew
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