The Fed is very sure of themselves, and the rate hikes are almost “assured” at this time. The problem is the Fed is clueless, and they never recognize a top in the economy. So should we be confident, or concerned. When they’re confident, I’m concerned.
The original post about the Fed being confident is here.
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.
1 Comment
March-May 2017 is a potential trend change time in several markets, and specifically for global stock markets, what I’m looking for is that first big one day push down (with no news) including a large increase in relative volume. Some conditions are in place, along with the time frame. Now it’s patience.
March-May 2017 is a potential trend change time in several markets, and specifically for global stock markets, what I’m looking for is that first big one day push down (with no news) including a large increase in relative volume. Some conditions are in place, along with the time frame. Now it’s patience.