%% MOST likely\ +sorry i never got filled on my SH order today. That's life Most all the inverse ETFs move better+/ than SH. Slight pullback in post market= good. Good SEPT topping tails on UPRO+ SPXL. NOT a prediction or foresaw; its a forecast
Check my thread. I posted shortly after CPI was released. Did I know? No, but I focus on the big picture and we will see a lot more downside, a lot. But all at its predestined time...
Unexpected inflation? Are you really that naive? BTW, spx dropped another 100 points after the cpi reading. If you are incapable of capturing that then even someone telling you everything beforehand won't give you an edge.
Really? You did not see continuous high inflation being the most likely outcome with sizable risk of even higher inflation? I am long dollar short Euro and short equities for months now. Have talked about it in numerous threads. But it's not about me, it's that this current climate has been 90% predictable and it will get worse.
Prices other than gasoline and property prices all keep going up. I see no shipping costs that are reduced to end clients. We are in a cash and grab cycle of the elites and corporations. Everyone else is bleeding. You should go shopping more often...
I'm amazed how food prices keep going higher. Even Organic dairy here in the SF Bay Area keeps rising which is strange since by definition these products are local. I don't understand why they would go up at all. Even some chips I used to buy went from $1.80 to $3.00 in the last 6 months.
And it keeps going. Local CA produce I guess is also drought related? I could be wrong. But needless to say pretty much everything keeps on going up. And it has not stopped in the past 2 or 3 months...
Out of curiosity, would you be willing to share your entries and exits for this trade? How long before the report came out were you positioned? Was it multiple entries and exits? Was there a game plan for if it went the other way? I would love to see a chart with the entries marked, if you don't mind sharing of course. Don't get me wrong, not questioning your PnL at all, just would like to visualize what goes into pulling 20k of profits in one day.
Volatility is rough, that's all I got to type. Fine day for me I do option spreads and don't "react" except in very rare occasions . Zen and the Art of Archery