All eyes on CPI data tomorrow

Discussion in 'Trading' started by Innervoice, Jun 9, 2022.

  1. They're predicting no change on previous month YoY. I'll be surprised if that's the case.
     
    #31     Jun 10, 2022
  2. smallfil

    smallfil

    Funny the January 6 committee puts out their bogus allegations that there was no fraud at all on November 8, 2020 elections yet, the 2000 mules movie, Arizona audit alone revealed numerous irregularities that happened while, Maricopa RINOs acted like there was no fraud. The Arizona auditors did a helluva of a job despite the numerous legal obstruction placed on them by RINO Maricopa officials. What about the 4 Atlanta, Georgia election workers who told the media and poll watchers they were done counting for the day when a pipe supposedly, broke down. They were caught on security cameras pulling huge black totes from under the tables then, stuffing huge number of ballots and running them into tabulating machines? No investigation, no nothing. Hundreds of affidavits of US citizens about election irregularities again, no investigation, no nothing. They prosecuted over 600 people who were mostly, demonstrators. Those who engaged in violence were merely, a handful.
     
    #32     Jun 10, 2022
    Buy1Sell2 likes this.
  3. smallfil

    smallfil

    CPI is a bogus figure they pull out of their asses to fool the US public. 8.5% was the last CPI, who believes such crap? Go to any grocery store. How much has the prices gone up? Depending on the item, some have gone up 50% or more. In addition, some items are starting to vanish from grocery shelves even with the high prices. What about gas prices, cost of rent, medicines, medical care, cost of various services are all up.
     
    #33     Jun 10, 2022
  4. nitrene

    nitrene

    8.6%. It could have been worse but NQ definitely doesn't like it. Close to -2%.
     
    #34     Jun 10, 2022
  5. Aj2014

    Aj2014

    upload_2022-6-10_13-40-49.png
     
    #35     Jun 10, 2022
    nooby_mcnoob likes this.
  6. SunTrader

    SunTrader

    NQ approaching 12k, ES already breached 4k.
     
    #36     Jun 10, 2022
  7. SunTrader

    SunTrader

    (Bloomberg)
    CPI day
    US inflation likely accelerated month on month to 0.7% {Actual 1.0%}, more than double the reading in April, according to the median forecast of economists in a Bloomberg survey. Regardless of what we get today, the number to watch out for will come next month, according to Mohamed El-Erian, the chair of Gramercy Fund Management and chief economic adviser at Allianz SE. “What worries me is that the June month-on-month print will be worse than the May month-on-month print. Those who boldly said inflation has peaked and is coming down may have to change their minds," he told Bloomberg TV.
     
    #37     Jun 10, 2022
  8. SunTrader

    SunTrader

    $TICK has not even once, so far, gone positive so ya betta not tink long.
     
    #38     Jun 10, 2022
    Axon likes this.
  9. Buy1Sell2

    Buy1Sell2

    Sounds like a Saddam Hussein election--no?
     
    #39     Jun 10, 2022
    smallfil likes this.
  10. smallfil

    smallfil

    Looks more like elections held in banana republic dictatorships. Give it 50 years. By then, most of the deep state suppressing all the evidence of massive election fraud as well as most of us will be all dead. Nobody will be left to hide the truth. Patriots in the intelligence services then, can investigate it freely and come out with the truth. Most of the culprits will probably, be dead by then too but, Satan has a place for them all in hell. Guaranteed. Between now and then, karmic justice could still hit the culprits and not all their monies, contacts with their deep state buddies, political power will protect them. Karmic justice will be severe and just when it comes. A heart attack, a stroke, a severe accident, natural disasters etc. How can these evil people think they are immune from karmic justice?
     
    #40     Jun 10, 2022
    IntergalacticSpace likes this.