Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Stocks Pump’n'Dump On Powell’s Promise, Dollar & Bond Yields Tumble

Courtesy of ZeroHedge View original post here.

Algos appeared to initially like Powell’s promise to “act as appropriate to sustain the expansion,” but it seems like that was not enough as stocks are giving back kneejerk gains.

Algos ran the stops up to unchanged then dumped…

But bond yields are a one-way street lower…

Source: Bloomberg

Along with the dollar…

Source: Bloomberg

Odds of a 50bps rate cut moved up to 11%.

This is exactly the kind of reaction you’d expect from a market that doubts the Fed will do enough  to offset “significant risks.”


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!