We're reaching 320 SPY before we start going up. It would put the pe close to 15. Zoom out the spy chart and you'll see the only good support at 330 to 320. This week we'll break a support and it's all down from here
i just dont see how you ever think you can long the market after what happened in one single minute candle the moment that fateful cpi print dropped like do people think something like that should be taken lightly
Nathan Ward
DAMN IT FEELS GOOD TO BE A BOBO
Dominic Kelly
>The US will have to default!! The US will have to nationalize everything...
Core was 0.6%. Energy could go back up any minute when we get done depleting our reserves.
Alexander Howard
It was flat despite massive manipulation of energy prices, which isn't going to last, showing inflation is entrenched and going higher when oil prices reverse higher.
more money to finance my new house's downpayment *dances*
Jaxson Garcia
STOP REDEEMING THE GBP / USD BASTERDS.
IM CURRENCY IS LOSING A LOT OF VALUE HERE
Dominic Gonzalez
lol this isnt a down payment market anymore you better make enough to just buy it outright when prices come down
Dominic Gray
Genie let out of the bottle It is now the witching hour
Genie let out of the bottle It is now the witching hour
Jacob Powell
Yea- i put in my stop losses- this market is shifty.
Carter Stewart
uhhh what's going on with the premarket
Hunter Lewis
Amazing thing is I’m not seeing foreign prices on shit go down. Trying to buy some British speakers in dollars and it’s not getting cheaper.
Xavier Nguyen
i'm not poor already under contract
Dominic Parker
Another 11 weeks of bleeding it seems
Jack Rivera
>positive even with SPR release artificially reducing energy prices
You still don't understand the significance of the cpi report.. all bulls had was a hopium narrative of peaking inflation and sooner than expected fed pivot. It dashed all of the hopes and dreams that rate hikes have worked so far or inflation had peaked. It's projected to increase again in September and SPR releases won't be able to continue much longer. It gives the fed grounds to hike much more aggressively and dashes any hopes of a "soft landing". There is no hopium to push the line up anymore. Bad news is in fact not good news.
Cash gang is today the day to become a soxl sister?
Jacob Bennett
core CPI was up YoY and MoM though. it actually doubled MoM
Andrew Davis
better for your macro economy, all things going on considered.
Logan Howard
what a mistake hit me up in 6 months ill take the place off your hands for 30% off
Isaiah Martin
It really is time to buy intel
Camden Turner
Lmao -46% this month.. go for it faggot
Easton Smith
Maybe because they've already been imported?
Jordan Ross
>What? The FED is raising rates again? I can't believe it. All my positions are long and I look forward to buying back CC today, but are people really so stupid that another rate hike is a surprise? And haven't there been green days on news of a rate hike as well, perhaps the one in July? To simplify the above: isn't this shit priced in?
Jaxon Wright
did i get b& for posting witches on quad witching day? fucking jannies don't let us have any fun.
Gavin Watson
For sure. The distributors are taking extra profit on the exchange. I need to find a way to buy from England
i can't WISH shill came in here spreading lies and selling snake oil. fucker convinced me to turn 25 hundred smart money that should have been more puts into 25 hundred need a fucking prayer money,
I sold my GUSH for a loss. Apparently oil can just go to $0 even though the US has no oil and demand is at pre-pandemic levels. Fuck this shit, I'm going to go short on the indices.