Low for 2022 is in....
- Thread starter Rickshaw Man
- Start date
Futs down, we'll see.
This is a yawn move. The excitement comes next week. I suspect the VIX will spike to upper 20s on Wed, and depending on GDP recession shit on Thursday? We'll get close to 30. Might even spike over that if the numbers are bad, because everyone will go put crazy.
I predict S&P will be down in the morning to around 3930 (low from today and yesterday), and then rally in the last hour and a half to pin 4000 tomorrow at the close.
I'm talking about next week... Tomorrow is ghost trading. We're buggered next week, man.
Don't bogart it dude. Do you think they are going to not anticipate the GDP numbers Thursday, and seriously consider the lower CPI we will have for July. (Because we ALL see the lower fuel prices for July/August)
Fed has already said they don't care about CPI, they care about core CPI.
But that's only when the numbers are bad.
When the numbers are good, they will care about CPI.
And what influenced you to make such a prediction? In the future as to be helpful to all, please state your case.
If you're going to post, please post where these positions were established. And provided information so others can learn. Otherwise your just cluttering up my thread.....Thanks!