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09/07/2017 Live Update

QED
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Re: 09/07/2017 Live Update

Post by QED »

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"I can't believe I ate all those worms."

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Trades with cats
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Re: 09/07/2017 Live Update

Post by Trades with cats »

Treasury Repo collateral placement fails. Evil site had an explanation, but it was inside baseball. They did say the takeaway is the really heavy number of shorts are rolling contracts so there just wasn't enough collateral around. With FOMC Meister saying yes to the September rate hike and Brainard saying she is data dependant I am guessing the odds are increasing.
Trades with cats
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Re: 09/07/2017 Live Update

Post by Trades with cats »

Should add that higher US rates drive policy normalization, and I do think the current FOMC wants to be closer to normal before they leave office by the end of next year. It also allows Draghi to have some breathing room to start normalization without crossing the 1.20 line. Of course this would allow PBoC to increase without raising the Yuan to the Dollar. Remember they are all doing this very careful dance of trying to increase rates without upsetting currency markets.
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Cobra
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Re: 09/07/2017 Live Update

Post by Cobra »

3 push up, the rebound might be over?
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MrMiyagi
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Post by MrMiyagi »

Cobra wrote:3 push up, the rebound might be over?
Higher lows though?
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Al_Dente
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Re: 09/07/2017 Live Update

Post by Al_Dente »

HAPPY HOUR
snake bird.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 09/07/2017 Live Update

Post by fehro »

yeah… things may look good ish index wise… but XLF W/D .. that weekly candle is pure ugliness XLF < 20d/50d/200d/20w :roll:
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Cobra
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Re: 09/07/2017 Live Update

Post by Cobra »


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Cobra
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Re: 09/07/2017 Live Update

Post by Cobra »

well, guess that's it for today. Friday tomorrow has been bull friendly. thank you guys, I'll see you tomorrow.

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