the liquidity ebbs and flows throughout the day it seems. There are many individual bars that completely retrace the previous bar (on those small time frames) before continuing in the initial short term swing direction. I began noticing quite a bit of this ragged action the week prior to the swing high towards the end of January.
I would like to think it is part of a full return to normalcy. Years ago many markets operated with a characteristic called price discovery. Volatility AND price discovery? Make trading great again!!
How Wall Street’s ‘fear gauge’ is being rigged Really, we have known this for years. Like the gap up every Monday. https://www.marketwatch.com/story/h...-one-whistleblower-2018-02-13?link=MW_popular
bot some March Nikkei at 21235, stop 100 points...risking a grand or so to make a few grand overnight
this CPI print is "the most important" inflation reading in years.. for the longest time NFP was the key macro point but going forward it's going to be all about CPI. I think any number outside a "surge" of inflation would be bullish for stocks. the long bond futures will get the bulk of the action either way.
Ouchhhhhhhh US Consumer Price Index rose 0.5% in Jan, vs 0.3% increase expected I have been talking about inflation for the last few years, it's been here alot longer than just recently, now this is where it starts to get really interesting...fed is behind the curve....time to raise rates, oh wait they can't do that since wallstreet wouldnt accept that .