Tomorrow is the day we hit new ATH on the Q's. Final shakeout this morning. If you still actually think this market is capable of doing red, I don't even know what to say at this point.
Bought back for only 140 buck profit Will wait until China deal is made and cpi data is released. Hopefully we get a pop to 6100-6150 on June contracts. Will easily short there.
Cpi before markets open....should be all clear. I'm sure if it's hot markets will trade lower only to have it reverse and stage a huge comeback. Can't have a red market or a down market, spy is so close to new highs they will do anything to keep it propped up and running higher and higher. According to Bloomberg data, headline inflation is expected to have accelerated slightly to 2.4% in May from 2.3% in April, which marked the lowest yearly increase since February 2021. Month-over-month prices are estimated to rise 0.2%, matching April's increase. On a "core" basis, which excludes volatile food and energy costs, CPI is expected to have risen 2.9% over the past year in May, a slight acceleration from April's 2.8%. Monthly core price increases are anticipated to rise 0.3%, ahead of April's 0.2%.
Now we gotta wait for the courts to toss the tariffs. Nobody's making any deals. Powell's on hold until the court ruling.
Couldn’t quite get going today, but that’s OK. They will fool more people, actually believing that this market ever has a chance of going down. Every drop is a miracle and absolute gift. I don’t know how this ever goes down. Seriously there is so much dip buying. Infinite demand to buy every single dip. it will eventually get to new highs. THEY ABSOLUTELY CANNOT KEEP THIS MARKET DOWN!! It’s just so unsustainable you can literally feel it.