Originally Posted by lewdog:
Slow day. Nothing on my breakout list confirming so far.
Could be a sit on your hands day.
The PPI report today was horrible and the big boys are on the sidelines until hearing the Fed statement tomorrow.
They do NOT want to hear tightening or Fed increase in rates. They want to hear that the Fed believes this is a temporary blip from COVID reopening and pent up demand.
That's not what I believe but if the Fed says so, then market should move higher. [Reply]
Originally Posted by scho63:
The PPI report today was horrible and the big boys are on the sidelines until hearing the Fed statement tomorrow.
They do NOT want to hear tightening or Fed increase in rates. They want to hear that the Fed believes this is a temporary blip from COVID reopening and pent up demand.
That's not what I believe but if the Fed says so, then market should move higher.
Yup. I think Fed report sounds “smooth” tomorrow. Market just waiting to hear good news. [Reply]
VYGVF closed under $16. If this wasn't an OTC stock I'd be very tempted to dump a substantial amount of $ into it but it was under $5 less than 6 months ago. Plus Hog hasn't done a very good job selling it to me. [Reply]