SPX still above opening price. QQQ dipped below. I'm waiting for both to trend together before trading either way.
One counter to this is that Inflation may be falling in alot of sectors - but Housing is data lagged by 8ish months or so. So there is a very real chance the inflation print pops solely due to the crazy rent and home price growth we saw at the end of last year and the beginning of this year.Ranger222 said:
If things get ugly today upside calls will be cheap for a not as bad as expectations CPI print tomorrow morning. Seems the fear around it is even ratcheted higher than the last
With 5 straight green days last week, #ES_F seeing needed cool-off into CPI. 3855 was support yesterday: Loss was trigger to 3820 as posted and hit exact overnight
— Adam Mancini (@AdamMancini4) July 12, 2022
Plan today: 3810-20 = support. Bulls need > 3855 to trigger upside to 3900+. 3810 fails, we see 3770, gate to 3665 https://t.co/9q1OuPKiiF
Got two cents from my sell price, then it falls to 25.53, three cents from my 25.50 buy price on my Roth.Brian Earl Spilner said:
Damn it, got to $26.98 before it fell off a cliff. That stings.
Urgency is just not in their dictionaries. Except for the Poles (and a handful of other Eastern Euros) and also the Deliveroo delivery guys, wherever they may be from.AggieMainland said:
Europeans mail it in at work when things are good. They are not going to magically work harder during times of adversity. The incentive isn't there.
Bob Knights Liver said:
I got in some TSLA 700C a few minutes ago. A run up to the top of the intraday channel would do it for me.
Good call! SPY 385 might be some resistance.Bob Knights Liver said:Bob Knights Liver said:
I got in some TSLA 700C a few minutes ago. A run up to the top of the intraday channel would do it for me.
I took my money and ran just now. Right or wrong I'm green for the day.
Bob Knights Liver said:
If we bounce here, SPX may finally run to the top of that channel. If we fail, it'll go back to the bottom.
sts7049 said:
anyone here on the BMIX penny train?
If they aint mining graphite I aint interestedsts7049 said:
anyone here on the BMIX penny train?
Brian Earl Spilner said:
Did I miss some airline news?
*AMERICAN AIR SEES 2Q REV. TO BE UP ABOUT 12% VERSUS 2Q OF 2019
— *Walter Bloomberg (@DeItaone) July 12, 2022
*AMERICAN AIR 2Q PRELIM REV. UP ABOUT 12% VERSUS 2Q OF 2019$AAL
wanderer said:If they aint mining graphite I aint interestedsts7049 said:
anyone here on the BMIX penny train?
wanderer said:
Hah. I can joke about it since I'm up to my eyeballs in paper losses on that one.