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The USD index ends the week roughly flat as the Fed's data dependent stance remains the focus

RANSquawk Video's picture
Submitted by RANSquawk Video on 07/31/2015 14:03 -0400



 

 
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Fri, 07/31/2015 - 14:08 | 6376202 knukles
knukles's picture

Data dependent, my arse.  It's all illusions, hot air, confusion, vapor, dust balls and phantoms

Fri, 07/31/2015 - 14:09 | 6376210 Chuck Knoblauch
Chuck Knoblauch's picture

They cannot hide the depression if thet raise rates.

Fri, 07/31/2015 - 14:21 | 6376261 YesWeKahn
YesWeKahn's picture

they will have to raise rates on the way down, Yellen will be remembered as an idiot.

Fri, 07/31/2015 - 14:42 | 6376327 Model T
Model T's picture

The S&P500 performance was pathetic today. If you short the opening on Monday Morning, with a Futures Contract, of course, and are willing to sit out a 60 or 70 pt. move against you; which is quite possible to do; you will be able to cover your position for a substantial profit some time in the next month; most likely in the next two weeks. It's alright, at this point, to have a sort of religious faith that the rally will fail and you'll see significantly lower prices you can use to take profit on; because this is guaranteed.

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