Page 1 of 1

Bump of the day

PostPosted: Wed Jul 27, 2016 5:55 pm
by 68Camaro
Since folks are complaining about no one around here any more and few posts being done, I'll note the obvious about the double-bump today which suggests that the Fed action was leaked this morning, then a second round of bump at 2pm.

I don't really understand why Fed inaction, which everyone already expects, and which wouldn't have amounted to anything of significance anyway, has any effect, but it did.

It's just an observation.

Re: Bump of the day

PostPosted: Wed Jul 27, 2016 6:13 pm
by rsk1963
was under the impression that the first bump was due to the BOJ unleashing just under 300 billion in QE in overnight/early morning activities.

the second was due to the FED saying uh maybe next time?

Re: Bump of the day

PostPosted: Thu Jul 28, 2016 3:18 pm
by AlexTG
When I read "bump of the day" in the title I thought it was a reference to getting a drug fix, or scratching that itch. Specifically, that you had found a nice silver coin, bar or some other item to scratch that silver itch. Clicked on it hoping for a cool photo of something I've never seen.

Re: Bump of the day

PostPosted: Thu Jul 28, 2016 4:33 pm
by CardsNCoins
AlexTG wrote:........Clicked on it hoping for a cool photo of something I've never seen.


There ya go

Image

Re: Bump of the day

PostPosted: Thu Jul 28, 2016 5:41 pm
by 68Camaro
Yep - never seen that before...