GDP tomorrow morning - what's your trade?

I heard the spin on these numbers from the guy at the CME when he said I wouldnt call this stagflation, I would call it a soft landing.


These numbers are bad no matter which way you look at them, will the dow go positive at one point during the day, YES!

If the dow does go up strongly today, there is nothing that is going to stop this market anytime soon, I would have to say 14k by late june early july.
 
This is an economic number and it's a leading indicator.

I know you guys aren't use to leading indicators because you've all been brainwashed by the charting companies to use lagging ones.

:cool:
 
Quote from rhymeswithorang:

Joab, are all economic numbers leading indicators? Do you know which ones are and which ones aren't?
More...

The ones that matter.

Use some common sense.

Educate yourself on what they are and what they mean and then place them in context of the current market environment.
 
Today is just incredible, you get some of the worst numbers and the markets move higher, if these numbers came out like this at this time last year you would easily see the dow trading off 1%. This market is too irrational at this point, if these numbers didnt do a thing to this market NOTHING WILL. This bear is saying DOW 14k by mid July!!!!
 
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