Not a ZH fan. I won't link them if they are the sole source. Anyway.... 1) charts don't lie. 2) In the linked article, Tyler doubts his findings. Kinda refreshing. **If** the idea has a following, and **if** nothing happens at 8am est Friday and Monday, that would be a long trade opp.
Is high inflation causing supply shortage e.g. empty store shelves or people purchasing ahead as a hedge against inflation? If I know if things are going to cost more and I am sure I will need it e.g. canned food, I will definitely stock it. It's now at 7.5%. The Fed will act when it's at 15%? So, is the US truck driver shortage just a smoke screen? Notice that the quantity has gotten smaller at the same price or price has increased for the same quantity. Here is the shadow stats number. Alternate Inflation Charts (shadowstats.com)
Anybody stupid enough to trade based on news isnt going to be a winning trader to begin with as any news will be cooked into the price before retail traders ever hear it. Can you tell us a news source you would make a trade based on an article you read?
Meats 13.6% Eggs 13.1% Fats and oils 10.7% Fish and seafood 9.6% All grocery items 7.4% Bakery products 7.2% Cereals and cereal products 6% Fruits and vegetables 5.6% Sugar and sweets 5.4% Nonalcoholic beverages 4.6% Dairy products 3.1% Alcoholic beverage conclusion: stack up on beer because they have gone up the smallest amount and will likely play catchup.
K, let's look at this logically. At around 12:45 PM ET today, Bollard comes out and says "I think we should hike 100BPS by July." So there's the news. Was it baked in? Hrmm, let's look at the chart... So with his announcement, you had hours and hours to go short on the hawkish news. Where is the bake-in? Please explain why the opportunity was lost, and after 12:45 PM ET, there was zero opportunity to make money by going short on this news? Please! PLEASE EXPLAIN IT TO US!
Um, YES? Bugsy, come on. You are not that daft, right? Or perhaps you can tell us why we had a 100 point drop in the ES after Bullard's statement? Seriously, what is the REAL reason? WTF is it, so you think my chart is fake or something, or are you just not used to looking at Unirenko charts?