Heed this warning and plan accordingly.
ATTENTION....Tomorrows 7-13-22 CPI will come in below est.
- Thread starter Rickshaw Man
- Start date
So below the 1.1% forecast?
Equities should rally then.
Do you have a friend at the BLS?
Equities should rally then.
Do you have a friend at the BLS?
Whatever you think you know and realize, and are anticipating and gambling on...it's already priced in, probable.
Trading and understanding the market successfully involves part art, part science...part right brain, and part left brain,
It takes a shrewd, wise, trader to realize and observe this wisdom,
Most people expect fireworks, and for the most part...they receive one, small, firecracker.
And vice versa.
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Took long position in YM for a leveraged short-term pop higher. If you pay attention to commodities you should know this number will come in below estimates....stocks will surge higher till earnings start to roll in.
I'm a trader, not an investor. I place bets on what I think is going to happen. Sometimes it works.. sometimes it doesn't.
Rickshaw> isn't it better to just enter on the whipsaw after the number?
There are many traders to enter
- before the news/number
- with no confirmation ( some fibo traders / support resistance level traders in this forum do that)
the success rate is not going to be great