‘Sometimes Economic musings’
MUNDUS SINE CAESARIBUS
#VoteBlue 💙
5 Yr Note Auction in 30 min.
Markets could move on this news, this morning's pre-market move was drawn down at the bell, will be interesting to see what happens shortly.
5 Yr Note Auction in 30 min.
Markets could move on this news, this morning's pre-market move was drawn down at the bell, will be interesting to see what happens shortly.
Data for today:
**Today is the first heavy economic news day of the week- Mon-Wed was light as well as relatively 'no news' to spook the market (other than yesterdays bad bond auction) and that dumped stocks
Rollercoaster day perhaps
Data for today:
**Today is the first heavy economic news day of the week- Mon-Wed was light as well as relatively 'no news' to spook the market (other than yesterdays bad bond auction) and that dumped stocks
Rollercoaster day perhaps
'Be wrong quickly...and move on!'
'Be wrong quickly...and move on!'
Thats a big resistance level for a potential huge run up- IF it can break....not confident but WTF do I know
Thats a big resistance level for a potential huge run up- IF it can break....not confident but WTF do I know
Market currently ripping up to mixed data.
I suspect data is being ignored and truth social is the main source of decision making 🤡
Market currently ripping up to mixed data.
I suspect data is being ignored and truth social is the main source of decision making 🤡
A LOT of data coming out this morning. Market went bananas after hours and is continuing pre-market.
$SPY & $QQQ up 2.4%/ 2.9% respectively. Make it make sense. $TSLA up 7.3% on crap earnings.
A LOT of data coming out this morning. Market went bananas after hours and is continuing pre-market.
$SPY & $QQQ up 2.4%/ 2.9% respectively. Make it make sense. $TSLA up 7.3% on crap earnings.
Have you seen me?
Have you seen me?
Price has DOUBLED since Wed. (Stocks go up/ Vix goes down. vice versa)
Price has DOUBLED since Wed. (Stocks go up/ Vix goes down. vice versa)
$SPY at a big inflection point here- $539 support, if it doesn't bounce of this- that gap is in danger of getting filled and more pain coming for your 401K
$SPY at a big inflection point here- $539 support, if it doesn't bounce of this- that gap is in danger of getting filled and more pain coming for your 401K
If this increase in crude inventories is higher than expected (**This is much higher) it implies weak demand= bearish for crude prices= inflation driver
Market's gonna do what it do however. Some guy speaking at market close- price will move on that word salad
If this increase in crude inventories is higher than expected (**This is much higher) it implies weak demand= bearish for crude prices= inflation driver
Market's gonna do what it do however. Some guy speaking at market close- price will move on that word salad