Just listened to Trump. Pretty clear he is going to do what ever it takes to keep pumping up the stock market. Wouldn’t count on a drop. Small dips here and there yes. But not a major drop at least till end of the year.

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Not sure it’s up to him anymore - What other tricks does the Fed have up their sleeves if numbers keep rising and fear creeps in?

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This has been said since April yet it keeps pumping

Its mainly the thought of what they can do that is influencing the markets. All they need to do issue a statement and markets jump up even if no action is taken. I'm gonna get out of my shorts on open Monday and wait to see if they say anything

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That’s a good choice

They can’t do that without congressional approval (at least directly). They could do it through an SPV but I can’t imagine how messy and speculative it would be.

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They can’t buy bonds either per their mandate though so 🤷‍♂️

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He also said he’d build the wall, 4 years ago.

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My take is the markets are not going to drop until white collar layoffs. The retail investors propping up stocks are mostly bored white collar folks with a bunch of excess cash. When they get impacted, there will be a pull back.

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I agree I think The white-collar jobs will be the ones that bring the markets down. We are already seeing it at Deloitte and I am sure throughout the summer we will see more 

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Increase purchases of equities through intermediaries.

Buy everything seems like the plan already.

Man it’s tough being a put holder(switched recently) You just have so much you are going against

Yea even a hint of positive news will make the markets fly

After Friday’s downturn, rise in cases, closure of Apple stores, unless there is fed or fiscal response before 930 Easter tomorrow markets will open close to SPY 3000 or lower. Also Trump can’t fire Powell without triggering Supreme Court case

It’s sideways so far.

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