52 Week High
52 Week Low
7 Days Mentions
I'm comfortable with buying one share today and seeing how premarket/CPI goes tomorrow. Always watching SEDG as they typically trade together. I've bought as low as 114 this year, but if I see sub 200 I'll start buying 10 shares at a time.
>https://www.google.com/amp/s/fortune.com/2021/12/03/inflation-no-longer-transitory-higher-prices-fed-chair-powell-treasury-yellen/amp/ I will give the point that it's hard to measure the reduction in quality of a lot of products. And at the same time our electronics and cars got much better. Saying you can measure the true CPI is pure BS.
It’s a crooked market. How can anyone deny it? The CPI date has been known for months. This week they blasted bears in Tuesday and rug pulled the hell out of bulls after. It’s definitely a casino market with crooked dealers, guys playing with loaded dice and other dregs of society. The manipulation is grotesque.
Fucking hell guys, destroyed both ways, only faith for Pre-market thanks to CPI. My worthless opinion is that their ER was fantastic for all the issues, and Mirror being slashed was not really a surprise, only that it is a better product than a bike. Faith guides my portfolio in the morning.
I'd be very careful about having the take of "small and mid-cap growth has already been crushed, a bad CPI print is priced in." They apparently had textbook dead cat bounce retracements after the Monday flush at open. Crushed does NOT necessarily mean that it has to stop. Now, at the actual index level, from a couple things that I saw, it seems as if the S&P drop from a relatively boring day was mostly hedging related (which can bring down the index). So, there is potential for a move back to where it was mostly hanging out after the Monday/Tuesday craziness, but I don't think we see more.
Fuck. Those weren't cheap this morning. I'm holding quite a few 3550c and unless it opens at 3520 it's kinda moot as they're basically worthless. So it's really up to market sentiment on CPI. Good luck man. When it tried to recover just before noon after the morning dip is when I should have ended the day. Was only slightly red. Hell I had a few decent trade with 3500p as it kept seesawing but instead of holding I went back into calls lol...
I'm 100 calls @ 16 UVYX, Dec 17 cost basis 1.2 lol wtf Criminally cheap with 2 huge catalysts on the horizon. We see 20 on CPI inflation >6.8 Think I sell off half @ 20 and let the others explore into next Wed. UVYX was at 25 on almost no catalyst early Dec. Lets see what she can do on two actual catalyst.
My current investments are CHWY puts and PLBY calls for late Jan. PLBY nice cup and handle on the 1 year chart and new platform releasing this month. Should be a good play unless these CPI numbers are horrible and the market just shits out. Godspeed my friend
I like this play, if it doesn't tank tomorrow and continue halfway into next week, it won't happen this year. If it's flat tomorrow after CPI and FOMC minutes, you might be fukd. Earnings season is about over, and there aren't many catalysts left in that time frame.
Inflation is not the reason that tomorrow is going to burn. It is that if CPI comes in at expectation or worse it means the printer taper is accelerated and interest rate hikes are accelerated. We know that the number is bad because the White House is already trying to talk up how we should ignore CPI and how inflation will get better THEY PROMISE. TLDR. CPI bad, printer off faster, stocks down.
While the market will certainly react on the headline does the CPI even matter? It's not like the Fed doesn't have that number available to them and everyone knows last week JPow finally ditched team transitory and jumped on the hyperinflation4eva bandwagon, so....
I'm hoping the numbers are bad enough the Fed HAS to accelerate taking their finger off the scale. I can also see some weird stuff happening where the CPI is horrible, stocks tank, people rush into bonds as a risk parity trade, and then rates move up over the next few weeks.
Tomorrow's CPI might be the last market catalyst of the year unless we have some major COVID news. FOMC decisions aren't likely to deviate much from the CPI number so it will be priced in after tomorrow. OpEx is likely less volatile due to the volatility we had during the month, I think most large options holders are already shaken out one way or another. After 12/17 it's pretty much EOY, peppered with market holidays. professional traders are going on vacation. Positions will be closed. Liquidity and volume will dry up. Tomorrow will be the make or break of the year, and my ban bet.
Serious convo: 1) If CPI comes in as consensus, is this now priced-in w/ today's massive losses? 2) If CPI comes in lower than consensus, does tech rip? 3) If CPI comes in higher than expected, is rotation into health and consumer staples still the play?