Tomorrow will be a BRUTAL day in the market

SoyUnGanador said:
LOL. I always have focused on calling up days. But like yall said over and over, don't overlook the downside. So I will call both huge up and down days from here on out. And tomorrow will be BRUTAL to the downside. Prepare to cry longs. :(:(:(
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BRUTAL! Just BRUTAL! Another 5% down the NAZ you think? Maybe a 7% down on the SP to trigger a circuit-breaker?
 
Philly Manufacturing Index and Retail Sales came in woeful yesterday. Inflation still sticky, but Initial Jobless down. Jerome is going to give the S&P a "touch up", if the Market doesn't beat him to it

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SoyUnGanador said:
Maybe not quite as bad as the 5% down day a few days ago, but BAD. Rest assured.
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From what I see, tomorrow is going to be a dud. It might have some up and down movements during the day but none of those huge landside moves. And even if it does have large movements, it would be an up move and not a down move. So I wouldn't be short tomorrow. And if I have made a volatility bet, I would hedge.

The inflation is bad, the fed is going to be raising interest rates big time to fight it even if it means there is going to be a recession, we all know those now. What else is new? The market only moves with something new. There is no major economic numbers except the UoM consumer sentiment coming out tomorrow and that one is usually not market-moving, no speeches from anybody from the Fed, no major news from the geopolitical front. So I don't see how the market is going to move except to take a breather and rest a bit unless something big hits the news wave overnight then anything can happen.

So perhaps you know something big that's about to happen that would produce a BRUTAL day tomorrow??
 
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