It’s Like Deja Vu All Over Again

Philadelphia Phillies v New York Yankees

The markets have been stuck trading with an anti-BTFD bias. Stocks are now performing inverse to how they have performed during the long bouts of QE. When stocks were rising we would see a sell-off at the open until about an hour into the session, and then stocks would ramp higher the rest of the day.

With stocks now falling apart we are seeing the exact inverse. Stocks are ripping higher at the open and selling off the rest of the day. It has happened seven trading sessions in a row. Its like Deja Vu all over again, and again, and again, and again...... you get the point.

BTFD worked well, now its STFR.

At least until the next bout of asset purchases is leaked to the banksters. These centrally planned markets are easy to trade when you know exactly what is coming next. I think the next round of QE is right around the corner. They may wait until the bears have one last meal, but it is coming. And likely sooner than everyone thinks.

Profile photo of uranium-pinto-beansKnown to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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4 thoughts on “It’s Like Deja Vu All Over Again”

  1. I think this is right on. We have to have inflation to survive. I anticipate QE 3,4,5….. QE is the glue that holds this economy together. Unless our Government changes their ways(which I don’t see that happening). 

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