At 830pm tonight the Dow and S&P500 will move sharply due to CPI
#1

The CPI however is a lagging indicator.expectatipnis for 4%

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

Last month on 12 May the reported CPI is 4.9%

The inflation data is around 2 months behind the real time data

Adjusting for the lag the inflation number coming out tonight should be 4.2-4.3%

Next month 13 Jul 2023 release of official report should be 3.9%

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

(13-06-2023, 05:25 PM)FartSunKing Wrote:  stupid fcuk!

VIX around 15

There will be no sharp moves

For the past few months

When economic data is released

No sharp moves

Vix just says investors are complacent.
It is backward looking.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#4

What i noticed is that after trading hours, the HSI follows the DOW when there is any sharp movements
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#5

(13-06-2023, 05:49 PM)Sentinel Wrote:  What i noticed is that after trading hours, the HSI follows the DOW when there is any sharp movements

Yes because it Is all based on sentiment surround CPI and Fed.

If a reasonable.CPI of 4% tonight, Fed van pause everyone happy.

If CPI hoes above 4.5% the probability of rate hike will rise. Market will panic sell.

Usually when inflation is below Fed funds rate it cooks off rapidly it makes sense to park money in money market funds this will reduce M2 fast and form a deflationary cycle.

From my analysis, inflation is no longer a problem.

The problem is slowdown of US economy

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#6

(13-06-2023, 05:56 PM)sgbuffett Wrote:  Yes because it Is all based on sentiment surround CPI and Fed.

If a reasonable.CPI of 4% tonight, Fed van pause everyone happy.

If CPI hoes above 4.5% the probability of rate hike will rise. Market will panic sell.

Usually when inflation is below Fed funds rate it cooks off rapidly it makes sense to park money in money market funds this will reduce M2 fast and form a deflationary cycle.

From my analysis, inflation is no longer a problem.

The problem is slowdown of US economy

The Debt ceiling has just been raised until 2025

The US dollar will regain strength and this should figures in the inflation reading

I also do not think there will be a slowdown in the US economy as 2nd Half has always been stronger
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#7

Bought on rumors, to Sell on news?
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#8

Hope he is correct this time ...
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#9

Ah butt is getting smarter. It's sharp move instead of plunge or dead cat bounce.
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#10

sell house, car, wife and kids to all in now.
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#11

Fed is robot, they made decision on data, even it is bad data, lagging, or known to be useless info
, that was what there told to do by constituion, from greenspan to current one, they also said samething, fed will be data driven
Is very clear until cannot be clearer
In layman term, they don't give a f on reality
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#12

Just out

Good news

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#13

Wow hope again share can go up tonight !
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#14

(13-06-2023, 06:10 PM)Sentinel Wrote:  Bought on rumors, to Sell on news?

Exactly as is played out 

Laughing
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#15

no major movements in indices
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#16

(13-06-2023, 10:50 PM)lylcnn Wrote:  no major movements in indices

means beware , either will super bearish or bullish.
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#17

(13-06-2023, 10:52 PM)[[ForeverAlone]] Wrote:  means beware , either will super bearish or bullish.

means guess wrong lah
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#18

(13-06-2023, 10:50 PM)lylcnn Wrote:  no major movements in indices

After 830pm.Dow move up by 250pts
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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#19

Up sharply by 0.43%
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#20

(13-06-2023, 11:08 PM)sgbuffett Wrote:  After 830pm.Dow move up by 250pts
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Really a reverse indicator Next time just say market will move.  Rotfl
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#21

Traders are already banking on FED doing a pause since Monday. it is guaranteed 99.9999% it will pause. Stocks have been chionging Tesla just broke $260 shot to $261.8 post market.
Vix is ever changing it is negligible if u r a day trader just glance through ah ok
Ur too late. The stocks are at all time high now
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#22

Where's the big plunge that sgbuffet predicted?

He's missed the boat liao, sell low buy high again.
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