03/03/2017 Live Update

[BullBear52x]

up volume is picking up but still lagging down volume. bearish still.

[Al_Dente]

GS can’t even wait until after the Q&A
“Goldman Raises March Rate Hike Odds To 95% After Yellen Speech”
Stay tuned to see what they say tomorrow
[edit: sooooo, clearly the "surprise" would be no hike]

[BullBear52x]

Dollar is crashing hard.

[BullBear52x]

sorry folks, no can't do. rate hike is not so sure in this fake economy now.?

[Trades with cats]

DX dropping through the 20 day average 20 day trading range.

[QED]

Perhaps those gold hedges were being put ON.

[Junior Buffett]

sorry folks, no can't do. rate hike is not so sure in this fake economy now.?

I see my guess of no hike means market drops coming to reality....

[fehro]

sorry folks, no can't do. rate hike is not so sure in this fake economy now.?

I see my guess of no hike means market drops coming to reality....

See Europe elections go - anti-Euro .. money will flood US equities, and USdollar.. may rally for years… with a rate hike.

[BullBear52x]

http://www.marketwatch.com/livevideo2


https://www.bloomberg.com/live

the show, i like bloomberg

[fehro]

DXY nLOD.. just a quarter from 50d 101.21

[Junior Buffett]

sorry folks, no can't do. rate hike is not so sure in this fake economy now.?

I see my guess of no hike means market drops coming to reality....

See Europe elections go - anti-Euro .. money will flood US equities, and USdollar.. may rally for years… with a rate hike.

I agree but US political scene is not pretty either...guess most of the people ignore that when they talk about European money pouring into US...US has potential to go faster into political mess than Europe...

[Trades with cats]

I think the DX is reacting to her comments that made it clear that THEY WILL NOT BE RAISING EVERY QUARTER. This is a change in the common knowledge game. Everybody said March means every quarter while May or June means 3 at most maybe just two this year. So the process of normalization is starting but no guarantees it will go at a steady pace.

She spent a lot of time explaining how changing conditions caused them to slow down the process in 2016 from 4 to 1. A clear message to the market.

[Al_Dente]

[edit: hey, this is NOT for cats, who always shows his work]

[Junior Buffett]

Nice comeback from Mr Schumer on Trump earlier tweet

Happily talk re: my contact w Mr. Putin & his associates, took place in '03 in full view of press & public under oath. Would you &your team?

[BullBear52x]

This time it just going up slower that's all. but it will, only way is up just rate of its speed will be slower?

[Trades with cats]

US liquefaction capacity.jpg (34.98 KiB) Viewed 4094 times

Hot tip for a long term play. While the rig count is slowly expanding the export market is making inroads on the surplus. More reliance on solar/wind (like in Texas) means just that many more peak demand nat gas turbine plants that can turn on and off very very quickly. This was a really rough winter for demand so it is reasonable to think we are close to the bottom and those export liquefaction trains are very much a light at the end of the tunnel. I just don't know how far away that is, could be six months could be 3 years.

[QED]

Nice comeback from Mr Schumer on Trump earlier tweet

Happily talk re: my contact w Mr. Putin & his associates, took place in '03 in full view of press & public under oath. Would you &your team?

The most dangerous place in the world is: standing between Chuck Schumer and a TV camera!

[Al_Dente]

HAPPY HOUR

[Trades with cats]

Deutsche Bank boring research up at Zerohedge using Feds own models makes it clear that the lower the rate when the next recession hits the greater the money printing. I think they don't want anyone to think that this is the old days where they automatically increase at a stead pace until the economy gets thrown into a recession. I have read that many of the people on Wall Street have never been in a rising rate environment, so I think she doesn't want to panic the newbees

[Al_Dente]

Those waiting for the Friday 3:30 “ramp” should read this:
http://www.zerohedge.com/news/2017-03-0 ... apped-2016