$SPY about to peak at 407.20?Submitted by Confident_Abroad4984 t3_z3qdll in wallstreetbets
Confident_Abroad4984 OP t1_ixn0o9k wrote
Reply to comment by itachisasuked in $SPY about to peak at 407.20? by Confident_Abroad4984
Well as soon as I buy puts on this idea - they will go up for sure!
itachisasuked t1_ixn0s4f wrote
I think Powell gonna pivot santa rally coming
Such-Combination5046 t1_ixnbbsb wrote
Powell will not pivot! It might be a .5 increase instead of the .75. I'm playing put spread
TastyToad t1_ixnqca1 wrote
FED watch currently shows 75% chance of .50 vs 25% of .75. My guess is they will do .75 only if the Nov inflation comes out really bad.
Confident_Abroad4984 OP t1_ixn1ct3 wrote
December is historically a good month - but last time the fed was hiking in December was 2018 and the S&P was -9.18%
itachisasuked t1_ixn1foq wrote
😳 how long did it take
Confident_Abroad4984 OP t1_ixn1m4z wrote
The month performance was -9.18% but that’s also when they pivoted last
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