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re: Why are s&p futures up

Posted on 3/12/23 at 7:53 pm to
Posted by theRealJesseD
Member since Nov 2021
2893 posts
Posted on 3/12/23 at 7:53 pm to
hedge funds with big bank short positions held over the weekend. Fed waves magic no-risk wand, so Hedge funds scramble to long SPX futures to hedge shorts


or something like that

Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51624 posts
Posted on 3/12/23 at 8:48 pm to
quote:

Why are s&p futures up


Because the Fed is going to cover all deposits. That money has to go somewhere.
Posted by Delacroix22
Member since Aug 2013
3956 posts
Posted on 3/12/23 at 9:12 pm to
Goyim pay

The tribe will live life as usual

Tale as old as time
This post was edited on 3/12/23 at 9:12 pm
Posted by thatguy777
br
Member since Feb 2007
2386 posts
Posted on 3/12/23 at 9:49 pm to
Trend is down...Who is going to buy a gap up tomorrow?.. suckers. Stay cautious until the trend changes.
Posted by bayoubengals88
LA
Member since Sep 2007
18929 posts
Posted on 3/13/23 at 7:21 am to
quote:

Had heard RBC and JPM put in bids. PNC did not

HSBC acquires Silicon Valley Bank UK in last-minute deal, says all depositors’ money is safe
Posted by BottomlandBrew
Member since Aug 2010
27098 posts
Posted on 3/13/23 at 7:27 am to
Your forgot to bold the important park of your post. UK
Posted by tarzana
TX Hwy 6--Brazos River Backwater
Member since Sep 2015
26179 posts
Posted on 3/13/23 at 7:36 am to
Dow futures are falling like a rock this morning. No refuge this time
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7716 posts
Posted on 3/13/23 at 7:37 am to
Well this question is now moot.
Posted by bayoubengals88
LA
Member since Sep 2007
18929 posts
Posted on 3/13/23 at 8:04 am to
quote:

Your forgot to bold the important park of your post. UK

Posted by Pendulum
Member since Jan 2009
7047 posts
Posted on 3/13/23 at 9:23 am to
The main thing that is occurring today that is confusing me is oil crashing. You would think lower rates and lower dollar would support oil.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51624 posts
Posted on 3/13/23 at 9:50 am to
quote:

The main thing that is occurring today that is confusing me is oil crashing. You would think lower rates and lower dollar would support oil.


I think it's a shorting frenzy. Traders may be thinking SVB and Signature are just the first dominoes so they're betting on everything going down. With so much fear, this becomes a bit of a self-fulfilling prophecy as more people start shorting because they see so much shorting going on.
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