Fed Meeting June 15-16

[Triplethought]

My guess is the Fed will signal they are watching inflation but keep rates the same, resulting in a few % market dip Wednesday into Thursday. Are there any stocks we want to take profits on before then?

[bpcw]

My guess is the Fed will signal they are watching inflation but keep rates the same, resulting in a few % market dip Wednesday into Thursday. Are there any stocks we want to take profits on before then?

Personally I wouldn't invest on the basis of guessing what the fed might or might not do at any one meeting and the reaction of the markets. We are in a positive trend so, if the markets drop then we might be able to get into new positions, and are current ones should make up the ground for any "bad news" pretty quickly. I would sell any positions in profit if you believe they might pull back or you need cash for new plays, independent of the fed meeting or just stick to Sol's suggested exit points. My experience has been, that it doesn't pay to hang off the decision of the fed meetings or any particular news unless WW3 is announced. The fed has an overall plan, but in between plays mass psychological games to destabilise the masses in having a consistent plan, that's why TI works.

Just my humble opinion though!

[AstuteShift]

I like to use these meetings as an opportunity to laugh since it’s just a show and does not effect the overall trend

[SOL]

An important class In mass Psychology is playing out. Manipulation

Notice how the media miraculously manages to find something to harp about no matter how great things might appear to be. Now that COVID is moving to the back burner, they are making a big deal of inflation. Every second story is about inflation. Pay attention to this technique and if you do, you will notice that the Media's only function is to cry wolf and sadly the masses have not devised a method to decipher that over 96% of the stories are B.S.

The Fed is very coy, they keep quiet or are vague at the right moment to make it appear that the Media or some expert might be right. In the end, any person with a small shred of common sense understands that we have hit the point of no return when it comes to debt. Central bankers will never scale back, they will keep kicking the can down the road until it explodes or breaks both their legs.

[Yodean]

... sadly the masses have not devised a method to decipher that over 9% of the stories are B.S.

@Sol: I assume you meant over "90%" . . . actually, prolly "99%".

[Budge]

... sadly the masses have not devised a method to decipher that over 9% of the stories are B.S.

@Sol: I assume you meant over "90%" . . . actually, prolly "99%".

I'll see you Yodean and raise to 99.9999%!

[AstuteShift]

It was interesting hearing Paul Tudor Jones talk about the FED but as usual, these old experts expect the same outcome of the past

This is what’s so good about being a trend player, you don’t care one bit what anyone says since the long term trend is what dictates the market direction

Sometimes, I like to go into trading rooms and analyze the sentiment of traders of short term horizons

It’s amazing what it shows and usually when they all lean one side then they get demolished and they can’t understand why. They don’t realize charts and price action only tell one story or they pick terrible stocks and chase like the crowd

As SOL stated in numerous updates, standard TA and FUndamental analysis will fail.

MP is the edge along with long term trend direction and many legends state this over and over, although indirectly

[AstuteShift]

So the meeting was a wash, typical FED

DXY looks like it’s ready for bullish action, if SOL can update us what his indicators say for the dollar

[SOL]

So the meeting was a wash, typical FED

DXY looks like it’s ready for bullish action, if SOL can update us what his indicators say for the dollar

The dollar is trading in the extremely oversold ranges and could soon move to the insanely oversold ranges. Over the long term the outlook for the dollar is bullish.

The monthly chart of the US Dollar

[SOL]

... sadly the masses have not devised a method to decipher that over 9% of the stories are B.S.

@Sol: I assume you meant over "90%" . . . actually, prolly "99%".

I meant to say 96, but you were close and that's me being very conservative. I fixed the error

[AstuteShift]

So the meeting was a wash, typical FED

DXY looks like it’s ready for bullish action, if SOL can update us what his indicators say for the dollar

The dollar is trading in the extremely oversold ranges and could soon move to the insanely oversold ranges. Over the long term the outlook for the dollar is bullish.

The monthly chart of the US Dollar

Looks like 2022 to 2023 will be an explosive one, out of all the assets, the dollar is the most hated one on earth which is music to my ears

Even the sentiment for bitcoin currently is somewhat desperate, my gut sentiment is that one explosive move downwards towards doom mode before trending higher

[jlhooter]

So the meeting was a wash, typical FED

DXY looks like it’s ready for bullish action, if SOL can update us what his indicators say for the dollar

The dollar is trading in the extremely oversold ranges and could soon move to the insanely oversold ranges. Over the long term the outlook for the dollar is bullish.

The monthly chart of the US Dollar

Looks like 2022 to 2023 will be an explosive one, out of all the assets, the dollar is the most hated one on earth which is music to my ears

Even the sentiment for bitcoin currently is somewhat desperate, my gut sentiment is that one explosive move downwards towards doom mode before trending higher

I heed your gut Sensei