dkh

The Fed will Reduce the Balance Sheet ... Do Pigs FLY?

FX:SPX500   مؤشر ستاندرد آند بورز 500
Watching Janet Yellen speak is getting harder to watch and listen to. If you want to get my video updates you will find them on my blog, the link is in my profile since doing the write-up twice is redundant. So we saw DXY shoot-up and bonds sell-off after the decision. I currently have short-dated ATM calls and longer-dated OTM puts working. October will be more interesting to take another shot at going short, but in the meantime we may see this market push higher into next Monday. The current upside target is 2517.3 as I expect delta to build over algo timing models which will make a short play very juicy going into the later part of next week.
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