All You Need To Know

 Goldman via Zero Hedge;

On the interplay between the FED and STOCKS: Since Sept 1 – when QE was becoming a mainstream focus – if you only owned S&P on days when the Fed conducted Open Market Operations (in US Treasuries), your cumulative return is over 11%.  in addition, 6 of the 7 times when S&P rallied 1% or more, OMO was conducted that day. this compares to a YTD return of 5.8%.  the point: you would have outperformed the market 2x by being long on just the 16 days when – this is the important part – you knew in advance that OMO was to be conducted. The market's performance on the 19 non-OMO days: +70bps.
Was just wondering what the stats were myself. Certainly works for WTI . POMO days, Mon. and Wed. crude performance; 9:00 to 4:00;  Mon up $1.42, Wed up $1.99.  Natural Gas, as usual going it's own way, though it does seem to be a little more responsive to USD weakness lately.

POMO scheduled today from10:30 to around 11:00 am EST. today.
Fed operation schedule indicates Tue. and Thur. next week.
Of course a failure of this well known pattern will be an open demonstration of Fed impotence. Does it happen Nov.1 or Nov.4?  Or today?

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