[sgbuffett]

https://www.cnbc.com/2022/07/12/consumer...aking.html

[Alice Alicia]

It will.
Futures already red red.

[Sentinel]

I already predicted

Why you still ask such questions?

[revealer]

The US market tonight is likely to ignore the CPI numbers for the reasons described here

https://skyjuiceiswater.blogspot.com/202...jumpspot19

[winbig]

I already predicted

Why you still ask such questions?

Cos u may have taken over him as the reverse indicator mah. 

[Omnipresent88]

Stupid EU kena play kokee daddy

[RiseofAsia]

Food and energy not included in the CPI lah…

You think so easy to catch inflation monster.
Wait long long! No drastic action, it wont drop. Recent tightening only reduction in 10% of money. Still have 90% of money inside the market.

[lvlrsSTI]

The number will not be pretty

[lvlrsSTI]

Good news is oil prices fall below $100

[Zannn]

https://www.cnbc.com/2022/07/12/consumer...aking.html

Tonight is a rally

[Sentinel]

Cos u may have taken over him as the reverse indicator mah. 

You mean blakang pusing like your buttside is it?

[Sharexchange]

Full Moon liao la expect big swing...so simple

[Migrant]

Biden going to Saudi. 
Oil price may drop. 
Give 'oldman' face.

[RiseofAsia]

Biden going to Saudi. 
Oil price may drop. 
Give 'oldman' face.

An unwelcome guest!
Really very daring to go there at this moment.

[RiseofAsia]

He was given the title of Zhuge Liang but now uplorry. No joke!

https://www.ndtv.com/world-news/opec-hea...4572/amp/1

[teaserteam]

Food and energy not included in the CPI lah…

You think so easy to catch inflation monster.
Wait long long! No drastic action, it wont drop. Recent tightening only reduction in 10% of money. Still have 90% of money inside the market.

R u saying food energy nothing to do with inflation and market will fall badly tonight?

[winbig]

Food and energy not included in the CPI lah…

You think so easy to catch inflation monster.
Wait long long! No drastic action, it wont drop. Recent tightening only reduction in 10% of money. Still have 90% of money inside the market.

Food and energy are included lah. It's called consumer price index. We consume food and energy of course they are included.

[Sentinel]

Food and energy are included lah. It's called consumer price index. We consume food and energy of course they are included.

You consume food and energy meh? Really ah?

[winbig]

You consume food and energy meh? Really ah?

Oh I forgot u consume offerings for the dead. No wonder u dunno.

[Sentinel]

Oh I forgot u consume offerings for the dead. No wonder u dunno.

I was going to say you consume red candles like Tangsee, but then again, maybe you consume sheet instead

[sgbuffett]

Inflation worse than expected.
Dow plunge. Many traders are shorting like crazy for quick profits.

[Zannn]

Inflation worse than expected.
Dow plunge. Many traders are shorting like crazy for quick profits.

The shorts covering will be coming very soon

[sgbuffett]

The shorts covering will be coming very soon

Actually  I detect buying so market will bounce up soon.

[Zannn]

Actually  I detect buying so market will bounce up soon.

This time yr system is correct

[cityhantam]

https://www.investopedia.com/articles/07...eindex.asp

Over the years, the methodology used to calculate the CPI has undergone numerous revisions. According to the BLS, the changes removed biases that caused the CPI to overstate the inflation rate. The new methodology takes into account changes in the quality of goods and substitution. Substitution, the change in purchases by consumers in response to price changes, changes the relative weighting of the goods in the basket.

The overall result tends to be a lower CPI. However, critics view the methodological changes and the switch from a COGI to a COLI as a purposeful manipulation that allows the U.S. government to report a lower CPI.


William's alternate CPI calculation showed that the U.S. inflation rate surged to over 16% in the Spring of 2022, or more than double official CPI figures.

[Zannn]

The shorts covering will be coming very soon

Those in shorts better cover fast wor

[cwc29]

Those in shorts better cover fast wor

Adding more short wish me luck  

[cwc29]

Adding more short wish me luck  

If Ah butt said long you ka ka short sure win de 

[singlon]

https://youtu.be/Kl_4WxQc4fI

[revealer]

As expected, the market generally ignored the CPI. At one stage around 1:00pm, it went up 400 points to cover the gap. Now observe if it will get back up again; if so, there is a good chance to see some lights ahead or else, it will go down to test the supports.