We have mentioned the July 2015 area around 2125 on the S&P as a logical first stop although the August 2016 area around 2193 is another choice. As always there could be good trading bounces from other areas, we will be watching for panic and VIX indicaters.
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One of Wall Street’s most successful investors says a Fed stock-market lifeline is goneHedge-fund star David Tepper’s takeaway from Wednesday’s market-rattling policy decision from the Federal Reserve: The Fed put is dead. Mr. TEPPER can you do anything to get Christian McCaffery in Pro Bowl. He deserves it. I voted but the voting wasn't advertised well so everyone probably didnt Know to vote.
Source: MarketWatch - 🏆 3. / 97 Read more »
David Tepper says he's buying stocks after market's worst week in a decadeLast week's big sell-off and Monday's stock drop presented an opportunity, the hedge fund manager tells CNBC It's basically a sale on everything... I loaded up as well This will shore up confidence 100% 😂😂😂 Pretty much the point, the 1%ers buying low at the expense of all of US and the market being manipulated by OUR leadership. Buy low!
Source: CNBC - 🏆 12. / 72 Read more »
David Tepper: Fed is done supporting stock prices, so cash is 'not so bad' as an investment nowFed is done supporting stock prices, so cash is 'not so bad' as an investment now, says hedge fund titan David Tepper. Cash was a far better investment year to date.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks to bounce | Fed hikes, Wall Street sinks | Tepper says cash not badU.S. stock futures were drifting after Wednesday's sell-off on the Fed's fourth interest rate hike of the year and projections for two more next year. Politics aside, I read feds mission statements. I missed the part where it was necessary to squash an economic expansion. fedsucks
Source: CNBC - 🏆 12. / 72 Read more »