CPI will come in weak...Stock Index will SOAR

Discussion in 'Economics' started by Rickshaw Man, Dec 12, 2022.

  1. SunTrader

    SunTrader

    True it ran up yesterday, but today was the breakout that the majority waited on and got long.

    Some no doubt took profit, but every move has profit (and loss) taking.

    But a complete reversal, especially Nasdaq that was up I believe 4%+, was not predominantly from profit taking IMO.

    It was CPI last month in reverse, many caught on the wrong side.
     
    #41     Dec 13, 2022
    M.W. likes this.
  2. M.W.

    M.W.

    Rickshaw is so quiet this morning... Hehe

    Again underwater just as he has been all year with his magnificent calls...love all the bag holders that make markets so efficient and work
     
    #42     Dec 15, 2022
    p0box4 likes this.
  3. Cuddles

    Cuddles

    did he say he held? His call was accurate.
     
    #43     Dec 28, 2022
  4. M.W.

    M.W.

    Timely, just the wrong direction, lol

     
    #44     Dec 28, 2022
  5. mervyn

    mervyn

    I think he is smart enough to keep at least a brand new Ford F-150 pickup for the holidays, don't feel bad.
     
    #45     Dec 28, 2022
  6. Innervoice

    Innervoice

    Its all about services and wage inflation.
     
    #46     Jan 3, 2023