Not when you have irrefutable proof and yet again, today, another POMO day sees the Prmary Dealer levitate the market with freshly picked green cotton at 11 a.m. at the end of the POMO.
Positive divergence on 5 min chart of the SPY-note the time, The market really didn't look back after that.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago