SPDR S&P 500 (SPY): This market wanted to tank but FEDs didn...

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Friday, 05/04/2018 2:06:44 PM

Friday, May 04, 2018 2:06:44 PM

This market wanted to tank but FEDs didn't want it to so they get Buffet to say I bought AAPL 3 months ago...Who cares and everyone buys What a joke. Feds told firms to buy and ignore all the news we will release today apparently

1. Trump wanting 200M vs 100M in tariffs is ok now
2. Dudley saying Oh inflation over 2% that's ok
3. Another Fed guy saying yeah 3-4 hikes looks good
4. Flattening yield curve sucks for banks but there up

Want to short it but not sure how far going to push it. Only 5 red bars on the 10 minute chart for the day, unheard of, and not once fell below the SMA (9) once it hit it. This is just a massive short covering and a screw job.

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