CALLS ON POWELL?

Well, everyone knows the market has seen this V shape rally for one reason and one reason only. No. Not Donald Trump. Fuck outta here with that.

Big Daddy Powell has had the fucking market on his back since the Coronavirus Pandemic hit.

After 6 straight days of green, the market finally closed in the red, down about 1% today. But, no need to fear, Jerome Powell is back in action tomorrow. Powell will be speaking tomorrow afternoon, and all eyes will be on him.

One of the biggest thing Powell always has to report is the Federal Interest Rates. I believe it is highly unlikely we see a cut which will be a good thing in my opinion. Other than that, it seems the market isn’t expecting anything too crazy from Powell. Hence, the relatively small drop today after the crazy rally its had. And if we’ve learned anything throughout this crazy market its to not bet against Powell and The Fed, so I’m not expecting anything bad.

What I am thinking Powell will do is give some information to set up the market to rally to its peaks again. With the market already so strong, and many feeling the worst of the virus is behind us, the bulls are fucking waiting. All its going to take is any drop of good news for you money hungry motherfuckers to bust down the gates and start betting your life savings away.

So, if the market shoots up again within the next few days, you will know why.

Mr. Jerome Powell.