Comments on: Pre-FOMC Analysis & Trade Ideas 3-22-23 https://rightsideofthechart.com/pre-fomc-analysis-trade-ideas-3-22-23/ Stock Trading, Investing & Market Analysis Wed, 22 Mar 2023 17:10:17 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Scott https://rightsideofthechart.com/pre-fomc-analysis-trade-ideas-3-22-23/#comment-26815 Wed, 22 Mar 2023 17:10:17 +0000 https://rightsideofthechart.com/?p=211034#comment-26815 In reply to jmccallum.

A pause would convey to the market that Powell f***ed up. Highly unlikely he does that. He wants to be perceived as in control. It also could cause further destabilization in the as people start to fear the banking situation is worse than we thought.

I do agree with Randy on the technicals. Odds greatly favor lower with this setup. We also tend to “pump” into bad news.

]]> By: jmccallum https://rightsideofthechart.com/pre-fomc-analysis-trade-ideas-3-22-23/#comment-26814 Wed, 22 Mar 2023 17:06:50 +0000 https://rightsideofthechart.com/?p=211034#comment-26814 I thought Randy’s comments were perfect. If you’re bullish, fine, watch your stops. If you’re bearish keep positions light might get a home run. If you don’t know what to do sit in cash.

i’m very bullish expecting a rate cut or at least a pause. bet nobody else is.

]]> By: myrightside https://rightsideofthechart.com/pre-fomc-analysis-trade-ideas-3-22-23/#comment-26813 Wed, 22 Mar 2023 17:01:29 +0000 https://rightsideofthechart.com/?p=211034#comment-26813 In reply to Scott.

KSS

]]> By: myrightside https://rightsideofthechart.com/pre-fomc-analysis-trade-ideas-3-22-23/#comment-26812 Wed, 22 Mar 2023 16:59:14 +0000 https://rightsideofthechart.com/?p=211034#comment-26812 “It’s either going to work out or not”
another Captain Obvious moment

]]> By: Scott https://rightsideofthechart.com/pre-fomc-analysis-trade-ideas-3-22-23/#comment-26811 Wed, 22 Mar 2023 16:59:00 +0000 https://rightsideofthechart.com/?p=211034#comment-26811 • Qs are in a wedge.

• Breadth is terrible.

• Don’t overreact to the first moves after the Fed release and press conference.

Saved everyone 30 mins.

]]> By: jmccallum https://rightsideofthechart.com/pre-fomc-analysis-trade-ideas-3-22-23/#comment-26810 Wed, 22 Mar 2023 16:50:28 +0000 https://rightsideofthechart.com/?p=211034#comment-26810 Historically, the Fed follows the 3 Month T-Bill. Even during this tightening cycle. Will they raise, pause or cut?

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