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  • Beige Book - June 2, 2021

    From federalreserve.gov Story is in PDF Format

    The national economy expanded at a moderate pace from early April to late May, a somewhat faster rate than the prior reporting period. Several Districts cited the positive effects on the economy of increased vaccination rates and relaxed social distancing measures, while they also noted the adverse impacts of supply chain disruptions. The effects of expanded vaccination rates were perhaps most notable in consumer spending in which increases in leisure travel and restaurant spending augmented ongoing strength in other spending categories. Light vehicle sales remained solid but were often constrained by tight ... (full story)

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  • Comment #1
  • Quote
  • Jun 2, 2021 2:20pm Jun 2, 2021 2:20pm
  •  rafnat
  • | Joined May 2020 | Status: Member | 14 Comments
If this is low-impact news then what kind of fundamentals will move the market??
I think we should do the opposite of the fundamentals.
 
 
  • Comment #2
  • Quote
  • Jun 2, 2021 2:51pm Jun 2, 2021 2:51pm
  •  Bakker
  • Joined Jun 2011 | Status: Member | 2899 Comments
Forget fundamentals, look at what the charts tell you, its all there.
 
2
  • Comment #3
  • Quote
  • Jun 2, 2021 3:55pm Jun 2, 2021 3:55pm
  •  DollarRain
  • | Joined Jan 2020 | Status: Member | 8 Comments
What do you see in the charts @Bakker?
 
 
  • Comment #4
  • Quote
  • Jun 2, 2021 4:15pm Jun 2, 2021 4:15pm
  •  NotAtrader
  • Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
Quoting DollarRain
Disliked
What do you see in the charts @Bakker?
Ignored
Probably around 150 candlesticks and possibly a couple of moving averages.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
 
1
  • Comment #5
  • Quote
  • Jun 2, 2021 6:12pm Jun 2, 2021 6:12pm
  •  DollarRain
  • | Joined Jan 2020 | Status: Member | 8 Comments
Quoting NotAtrader
Disliked
{quote} Probably around 150 candlesticks and possibly a couple of moving averages.
Ignored
Probably he see something better
 
 
  • Comment #6
  • Quote
  • Edited 9:21pm Jun 2, 2021 8:50pm | Edited 9:21pm
  •  MuliawanSam
  • | Joined Mar 2021 | Status: Member | 156 Comments
candlesticks chart always tell the truth.
 
1
  • Comment #7
  • Quote
  • Jun 3, 2021 2:21am Jun 3, 2021 2:21am
  •  Bakker
  • Joined Jun 2011 | Status: Member | 2899 Comments
only 6 candlesticks for you to know.
 
 
  • Comment #8
  • Quote
  • Jun 3, 2021 2:22am Jun 3, 2021 2:22am
  •  Bakker
  • Joined Jun 2011 | Status: Member | 2899 Comments
Quoting MuliawanSam
Disliked
candlesticks chart always tell the truth.
Ignored
you're o so right, the others commenting here is still in the dark.
 
 
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  •  Guest
  • | IP XX.XXX.82.149
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  • Story Stats
  • Posted: Jun 2, 2021 2:00pm
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 8  /  Views: 2,752
  • Linked event:
    USD Beige Book
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