Comments on: Stocks Rally After Powell’s Dovish Presser https://archive.theotrade.com/stocks-rally-after-powells-dovish-presser/ Where the Professionals Come to Trade Fri, 13 Dec 2019 01:49:35 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: Michael https://archive.theotrade.com/stocks-rally-after-powells-dovish-presser/#comment-1493 Fri, 13 Dec 2019 01:49:35 +0000 https://archive.theotrade.com/?p=58993#comment-1493 Small Businesses have to borrow from Banks. Small Regional banks. My view that is where you look to see if banks are an issue. And one looks at the utility consumption. Also I have an indicator I use. I call it the Interstate 65 count the trucks indicator. Count the number of truck moving north and south on Interstate 65 gives me a relatively good idea how the economy is moving.

]]> By: Michael https://archive.theotrade.com/stocks-rally-after-powells-dovish-presser/#comment-1492 Fri, 13 Dec 2019 01:46:19 +0000 https://archive.theotrade.com/?p=58993#comment-1492 In reply to Michael.

that is I passed on the trade. And of course it worked out well.

]]> By: Michael https://archive.theotrade.com/stocks-rally-after-powells-dovish-presser/#comment-1491 Fri, 13 Dec 2019 01:45:01 +0000 https://archive.theotrade.com/?p=58993#comment-1491 just a note on Tax cuts. Five years after a tax cut I've always felt like my taxes were to high. And Governments never seems to be able to cut expenses.

]]> By: Michael https://archive.theotrade.com/stocks-rally-after-powells-dovish-presser/#comment-1490 Fri, 13 Dec 2019 01:43:13 +0000 https://archive.theotrade.com/?p=58993#comment-1490 And on Thursday the market soared then pulled back. And DonK bought a SPY 318 put that did well intraday. But a passed on the trade.

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