Funny the transition from .... will be an inflection point .... somewhat of an inflection .... just the preamble .... feels like it is going to be .... once in a lifetime volatility .... 10th in my lifetime. Thank you nooby for finally putting it into proper perspective.
Stocks heading up now. I think inflection point is now up. I've been wrong before, in fact I'm always never right, but I'm saying "up".
Value plays never turned bad much the whole time. If anything, IT weakness created some new buyers and some slightly better entry points. Rally in Cdn energy today has been threatening to occur for two weeks just a matter of how much. The nice bonus for me is my legacy miners are starting to move now ( I'm underwater on those ) as well as my one Nat Gas stock that I rode all the way down on Nat Gas weakness.
Why the CPI? Because if it comes in hot the narrative turns to "the Fed will have to raise rates" lol? The market has already swallowed the likelihood of 4 hikes this year and we all know the damn number is gonna be the highest yet. It's nothing but overblown CNBC fodder. They need something to sensationalize. The only surprise that could happen would be if the number came in waay less than forecast. This kinda stuff... the real whales just roll their eyes and smile. See the forest you guys.
%% Good; even though tech ETFs maybe weaker overall than SPY, UPRO, SPXL.......................................
Perhaps he was referring to the lifetime of.............................................a head of lettuce.