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Jakeyoo

05/08/16 3:19 PM

#198578 RE: imiloa #198576

I think market will start tanking if Fed says no hike in June. Two rate hikes this year. If they don't do that in June, they have to do that twice between Sep and Dec. that is insane. But IF Fed wants to change their tone and say one or less rate hike in this year, that will be another story

GuTA

05/08/16 5:24 PM

#198595 RE: imiloa #198576

Yep. Think we print some all time highs by late July / early August. Then I think we see a move to the lower end of the 2 year range as we head out of summer and into fall. Don't think we print new 52 weeks lows, but definitely a clear leg lower. Then we get our legs back and starting grinding back to about where we are now as the year winds down without a rate hike. I'll be playing those ranges as they unfold , but looking to get short again as we head into 2017 with the thought of the next rate hike coming next March.

A lot can happen to derail any of what I just wrote... But that's how I see it as of today