it's usually opposites day with data. crap CPI data, market will short squeeze up. but good or bad news, I think we rally anyway.$30,000 Millionaire said:
Ok - I think we are going to rally off of CPI if it's a good print. We are due a bounce to generate liquidity. I think there will be a super puke sometime soon. I mean 3500 or lower super puke.
$30,000 Millionaire said:
Ok - I think we are going to rally off of CPI if it's a good print. We are due a bounce to generate liquidity. I think there will be a super puke sometime soon. I mean 3500 or lower super puke.
30K, as the resident CWH expert here, any thoughts in this?wanderer said:
I'm wanting to dip my toes into CWH. If you were starting your exposure, how would you play it? DCA over the next few weeks/months, Selling puts with the intent of assignment? Looks to have good support at ~$25.
wanderer said:30K, as the resident CWH expert here, any thoughts in this?wanderer said:
I'm wanting to dip my toes into CWH. If you were starting your exposure, how would you play it? DCA over the next few weeks/months, Selling puts with the intent of assignment? Looks to have good support at ~$25.
it's a bet on Marcus lemoinis too$30,000 Millionaire said:wanderer said:30K, as the resident CWH expert here, any thoughts in this?wanderer said:
I'm wanting to dip my toes into CWH. If you were starting your exposure, how would you play it? DCA over the next few weeks/months, Selling puts with the intent of assignment? Looks to have good support at ~$25.
10% dividend. You can't predict what the market will do. It's been relatively strong lately. If you like it, buy it.
La Bamba said:
Good gap up on markets
Killin Me Smalls said:
https://www.usnews.com/news/top-news/articles/2022-05-10/elon-musk-says-tesla-open-to-buying-a-mining-company?context=amp
Quote:
Tesla has no experience with the time-intensive and laborious task of building and operating a mine, so industry analysts have advised the automaker to focus on buying an existing operator.
Yesterday, I was looking for a drop to ~3945 and rally. Underway in #ES_F. CPI now & determines if bulls get a couple day pop before next down leg
— Adam Mancini (@AdamMancini4) May 11, 2022
Plan today: 4020 now support. As long as bulls hold after CPI, 4060, 4105, 4150 in play. 4020 fails, we retest 3960-45, gate to 3840 https://t.co/dpYKnqdfuQ
Bonfire1996 said:
LOL. 8.3% CPI….8% expected.
Inflation has not peaked. How can it? Gas is currently at all time high. Until fuel retreats and employment slows, prices cannot come down
Shelter is the single biggest component of CPI (33% of the Index) and is still being wildly understated (@ +5.1% YoY) with rents up 16% over the last year and home prices up 20%. The true inflation rate is much higher than 8.3%. pic.twitter.com/Gk0u0YSllg
— Charlie Bilello (@charliebilello) May 11, 2022
Red Pear DFW Luke said:Bonfire1996 said:
LOL. 8.3% CPI….8% expected.
Inflation has not peaked. How can it? Gas is currently at all time high. Until fuel retreats and employment slows, prices cannot come down
Can someone who's smarter than me explain why WTI is trading around $100 yet we are seeing $4.20 or so for gallon of gas? I'm t trying to find a correlation.
$30,000 Millionaire said:
Sold TQQQ
so you are claiming that the Feds changed the vehicle price number calculations-McInnis 03 said:
CPI number today will be better than expected, they're even changing the vehicle price number calc.
No way they let cpi sky today. I bet it is surprisingly low, like exceeds by 80-100 basis points
