1. #1
    Theo_Goodman
    Theo_Goodman's Avatar Become A Pro!
    Join Date: 11-17-15
    Posts: 26
    Betpoints: 77

    Where can I bet on the Fed interst rate hike - FOMC - Janet Yellen

    Hi,
    What books are offering a bet on if the Fed (FOMC) will raise interest rates or not?
    Thanks

  2. #2
    Fischnasty
    come on Papanick!
    Fischnasty's Avatar Become A Pro!
    Join Date: 02-10-09
    Posts: 1,931
    Betpoints: 311

    Get an inverse bond Etf

  3. #3
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    lol

    will go up a fraction of nothing

  4. #4
    Theo_Goodman
    Theo_Goodman's Avatar Become A Pro!
    Join Date: 11-17-15
    Posts: 26
    Betpoints: 77

    I found a book based out of AUS but they do no accept people from Europe. Line was 1.20 for raise 4.00 for no raise.
    Im sure there must be a book offering this.

  5. #5
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    If so lucky to get $100 bet

  6. #6
    Foxx
    Foxx's Avatar Become A Pro!
    Join Date: 05-25-11
    Posts: 5,751
    Betpoints: 11854

    It's on Betfair. Check financial markets category. What side you looking to take?

  7. #7
    Biff41
    Biff41's Avatar Become A Pro!
    Join Date: 07-23-14
    Posts: 1,234
    Betpoints: 4769

    Buy a put or common stock in a major bank like B of A.

  8. #8
    Otters27
    Otters27's Avatar SBR PRO
    Join Date: 07-14-07
    Posts: 30,687
    Betpoints: 398

    it's happening%100

  9. #9
    Theo_Goodman
    Theo_Goodman's Avatar Become A Pro!
    Join Date: 11-17-15
    Posts: 26
    Betpoints: 77

    I dont think it is going to happen. Thanks for the tip Ill check out betfair.

  10. #10
    Foxx
    Foxx's Avatar Become A Pro!
    Join Date: 05-25-11
    Posts: 5,751
    Betpoints: 11854

    Quote Originally Posted by Theo_Goodman View Post
    I dont think it is going to happen. Thanks for the tip Ill check out betfair.
    I am with you. Obviously, there is a good chance they may raise or it wouldn't be a heavy favorite, but I think there is a real possibility they may stand put and give an all but certain signal they will raise next time out. Looks like we can get a price of 4.5 and I think it is a very live dog. November CPI numbers come out the day before the decision so a lot will ride on that. There is a thread in the Saloon where I brought up the idea of a bet against a hike a couple weeks ago.

  11. #11
    Theo_Goodman
    Theo_Goodman's Avatar Become A Pro!
    Join Date: 11-17-15
    Posts: 26
    Betpoints: 77

    Betfair requires KYC I need a book that does not care about that, one that accepts bitcoin would be good as well.

    Yes I agree I do not think Yellen has the balls to raise right now.

  12. #12
    Foxx
    Foxx's Avatar Become A Pro!
    Join Date: 05-25-11
    Posts: 5,751
    Betpoints: 11854

    Quote Originally Posted by Theo_Goodman View Post
    Yes I agree I do not think Yellen has the balls to raise right now.
    It would take more balls to not raise the rate than to raise them because of the expectation. She painted herself into a corner with some of her language the last 6 months that set that expectation and it would be difficult to get out of it even if she believed standing pat is the correct call. We'll see. Either way, I think the rate will be negative within 2 years.

  13. #13
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Quote Originally Posted by Fischnasty View Post
    Get an inverse bond Etf
    You can't find one with enough leverage to double up with a .25% bump. Lol

  14. #14
    kidcudi92
    W and Based Poster
    kidcudi92's Avatar Become A Pro!
    Join Date: 12-14-11
    Posts: 15,434
    Betpoints: 1679

    "Trust me, I don't know shit"


  15. #15
    brooks85
    brooks85's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 44,709
    Betpoints: 6881

    Quote Originally Posted by theo_goodman View Post
    hi,
    what books are offering a bet on if the fed (fomc) will raise interest rates or not?
    thanks




    spy
    djia
    rut

  16. #16
    GIVEMETHEMONEY
    GIVEMETHEMONEY's Avatar Become A Pro!
    Join Date: 12-13-12
    Posts: 8,428
    Betpoints: 4903

    Quote Originally Posted by brooks85 View Post
    spy
    djia
    rut
    brooks remember you are talking to commie fukked up morons here, they don't know what these stand for!

  17. #17
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Quote Originally Posted by brooks85 View Post
    spy
    djia
    rut
    The tickers you are trying to tout are SPY, DIA, and IWM. How many times do I have to tell you to quit being a poser?

  18. #18
    brooks85
    brooks85's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 44,709
    Betpoints: 6881

    Quote Originally Posted by grease lightnin View Post
    The tickers you are trying to tout are SPY, DIA, and IWM. How many times do I have to tell you to quit being a poser?
    the same moron who couldn't read 4 simple charts and has no idea what obamacare is. You think everyone has a memory like rkelly around here?

    and you literally just did it again with your post above. Foot in mouth you moron. It is like that is what you set out to do, make yourself look like an idiot. Good job lol

  19. #19
    RyanLeafOfBets
    Team Dexter
    RyanLeafOfBets's Avatar Become A Pro!
    Join Date: 01-03-10
    Posts: 8,164
    Betpoints: 191

    Hike for sure.

  20. #20
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Quote Originally Posted by brooks85 View Post
    the same moron who couldn't read 4 simple charts and has no idea what obamacare is. You think everyone has a memory like rkelly around here?

    and you literally just did it again with your post above. Foot in mouth you moron. It is like that is what you set out to do, make yourself look like an idiot. Good job lol

    Way to be specific as always. You fool no one you idiot. Explain how I put my foot in my mouth and I will gladly concede.

  21. #21
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    good for economy if it goes up

  22. #22
    brooks85
    brooks85's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 44,709
    Betpoints: 6881

    Quote Originally Posted by grease lightnin View Post
    Way to be specific as always. You fool no one you idiot. Explain how I put my foot in my mouth and I will gladly concede.


    Quote Originally Posted by grease lightnin View Post
    The tickers you are trying to tout are SPY, DIA, and IWM.


    there ya go. You can figure out why on your own time, I got better things to do like actually knowing what I'm talking about.


    Want to be on fed raising rates? Then wise up;

    nyse



    hey can you do us all a favor and tell us what nyse means, I can't imagine why I would post it... lol think before you post next time.
    Last edited by brooks85; 12-15-15 at 10:17 AM.

  23. #23
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Brooks, from doing detective work to decipher your purposely cryptic posts, I now see that you were attempting to abbreviate major US stock indexes, rather than the symbols of ETF's that represent them. The problem is that SPY is not the abbreviation for the S&P 500, it is the ticker symbol for SPDR S&P 500 ETF. The abbreviation for the S&P 500 is SPX, as is DJIA (the Dow) and RUT (the Russell 2000).

    Again, you are a poser.

    I am sure it is annoying for some to read this, but I hate seeing someone act like they are an expert on something they know virtually nothing about. And brooks85 is one of the worst with this I have ever seen. Good evening.

  24. #24
    brooks85
    brooks85's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 44,709
    Betpoints: 6881

    Quote Originally Posted by grease lightnin View Post
    Brooks, from doing detective work to decipher your purposely cryptic posts, I now see that you were attempting to abbreviate major US stock indexes, rather than the symbols of ETF's that represent them. The problem is that SPY is not the abbreviation for the S&P 500, it is the ticker symbol for SPDR S&P 500 ETF. The abbreviation for the S&P 500 is SPX, as is DJIA (the Dow) and RUT (the Russell 2000).

    Again, you are a poser.

    I am sure it is annoying for some to read this, but I hate seeing someone act like they are an expert on something they know virtually nothing about. And brooks85 is one of the worst with this I have ever seen. Good evening.


    I personally get a kick out of you putting your foot in your mouth over and over.

  25. #25
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Brooks is a talker

    He never had a losing trade

    Most people losing money last 3 years in market after all the fees
    Points Awarded:

    brooks85 gave jjgold 10 Betpoint(s) for this post.


  26. #26
    brooks85
    brooks85's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 44,709
    Betpoints: 6881

    Quote Originally Posted by jjgold View Post
    Brooks is a talker

    He never had a losing trade


    Most people losing money last 3 years in market after all the fees
    shh SEC might catch on


    here is some extra peanuts for your post

  27. #27
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Quote Originally Posted by brooks85 View Post
    I personally get a kick out of you putting your foot in your mouth over and over.

    Brooks do you think people just believe your empty posts? You have zero credibility. Zero.

  28. #28
    CappinTerp
    CappinTerp's Avatar Become A Pro!
    Join Date: 11-26-09
    Posts: 9,648
    Betpoints: 1679

    Be careful guys..even if the Fed raises rates a certain degree of that possibility,is all ready priced into the markets ! For me,if the Fed. does raise rates,I would be looking into selling into it... ...with a tight "buy stop limit order.​............good luck guys!!

  29. #29
    CappinTerp
    CappinTerp's Avatar Become A Pro!
    Join Date: 11-26-09
    Posts: 9,648
    Betpoints: 1679

    The Fed Raised rates.....OK....FYI...on the CME, Fed. Fund futures Contracts are all down on the day...DEC 2015,JAN 2016, FEB 2106..All the way to July 2016 where it is unchanged....MY point...we use to have an old saying,which is pretty much spot on:​....Up on anticipation and down on the fact!!....One will find this holds true to all kinds of info. regarding speculation in the fin. markets.....gl

  30. #30
    Whoson1st
    Update your status
    Whoson1st's Avatar Become A Pro!
    Join Date: 04-26-15
    Posts: 50
    Betpoints: 222

    And will the banks pass on a hike to savers with only small savings accounts.... I doubt it..But they will yank your rate up on the credit card.

  31. #31
    CappinTerp
    CappinTerp's Avatar Become A Pro!
    Join Date: 11-26-09
    Posts: 9,648
    Betpoints: 1679

    You are right Whoson,it is discussing how banks and other fin. Institutions rape the public on credit card debt. It's like discrimination for the average joe,they have no moral fiber....they say you don't like it?? OK, go some ware else,but there is no place to go!! It's all the same,they stick together!! A big company can get a lot of new customers by charging "just" % 11, ...but friggin way!!

  32. #32
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    it was priced in

    minor news

Top