Oops....Tomorrow's CPI will come in cooler than expected. Guess some of you folks didn't get the memo.
ES getting hammered
- Thread starter JackMorgan
- Start date
OIL , lol
f em
f em
I said this was a short at 45
Jack "six figure day" Morgan.
That is a lot of money to make in just one day,
That sounds Yummy, yummy yummy -- Good, good good,
I'd like the memo that has direction please, not funnymental news.
%%Need a screencap, sunshine? i went short, piker size today after the bell by buying inverses
#gobears
View attachment 289001
Same here/mostly Ken C.
Strange but true\ but i like to cut a loss when FAZ makes less%% or show$ red. Good SPXS,spxu, TZA,TWM. I had a terrible time getting filled today on sds, sh; good thing for SPXS,SPXU+ every now + then countertrend UPRo.................................................
Bloomberg radio oil analyst said it make take 2 weeks [well about 10 days now] for lower oil prices to show up in lower gas prices.
C] Citigroup, has made so many goofs\like overpriced federal gas taxes\ they are forecasting $50 oil.Amazing they said on the news Pres Biden is not going to ask Arabia to pump + dump more oil. Sure
\LOLI never would vote for crooked cr*p shooter like mr biden \but he was smarter than Pres Bush in oil .
Pres Bush , buddy of king of Arabia said ''why dont you pump more oil ??'' King of Arabia in the rebuke of a decade said\ ''why don'T you cut the federal gasoline tax ''?? LOL. Good king............................
%%
That looks a bit like a SPXS or sds 50 day hourly chart/
/ looks better uptrend about and after lunch.
Maybe we'll see one of these
https://www.elitetrader.com/et/threads/charts-for-no-reason.344272/page-25#post-5609680
shortly after 8:30 on Thu July 28.
Atlanta Fed’s Model Forecasts GDP to Contract by -2.1 Percent in Second Quarter; Morgan Stanley Says S&P 500 Could Drop Another 22 Percent If that Happens
By Pam Martens and Russ Martens: July 5, 2022 ~ The Department of Commerce’s Bureau of Economic Analysis (BEA) will release its advance estimate for U.S. Gross Domestic Product (GDP) for the second quarter of 2022 at 8:30 a.m. on July 28. All eyes on Wall Street will be glued to that number as a gauge of where stock prices are headed. As of this morning, the highly respected number crunchers at the Atlanta Fed’s GDPNow model are forecasting a contraction of -2.1 percent in U.S. economic growth in the second quarter. (That’s the real GDP growth/seasonally adjusted annual rate.) The Atlanta Fed’s GDPNow modelers will update their forecast five more times, based on additional economic data releases, before the advance estimate for second quarter GDP is officially released by the BEA on July 28. GDP contracted at a -1.6 percent annualized rate in the first quarter. Two quarters of negative … Continue reading →
https://www.elitetrader.com/et/threads/charts-for-no-reason.344272/page-25#post-5609680
shortly after 8:30 on Thu July 28.
Atlanta Fed’s Model Forecasts GDP to Contract by -2.1 Percent in Second Quarter; Morgan Stanley Says S&P 500 Could Drop Another 22 Percent If that Happens
By Pam Martens and Russ Martens: July 5, 2022 ~ The Department of Commerce’s Bureau of Economic Analysis (BEA) will release its advance estimate for U.S. Gross Domestic Product (GDP) for the second quarter of 2022 at 8:30 a.m. on July 28. All eyes on Wall Street will be glued to that number as a gauge of where stock prices are headed. As of this morning, the highly respected number crunchers at the Atlanta Fed’s GDPNow model are forecasting a contraction of -2.1 percent in U.S. economic growth in the second quarter. (That’s the real GDP growth/seasonally adjusted annual rate.) The Atlanta Fed’s GDPNow modelers will update their forecast five more times, based on additional economic data releases, before the advance estimate for second quarter GDP is officially released by the BEA on July 28. GDP contracted at a -1.6 percent annualized rate in the first quarter. Two quarters of negative … Continue reading →