Jump to content



Photo

Rally over! Bear is hear to stay!


  • Please log in to reply
19 replies to this topic

#1 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 2,848 posts

Posted 14 February 2018 - 08:39 AM

CPI reports signal higher inflation. 

The die is cast - rally over for now, the bear is here to stay for a while

There will be a few rallies, BTD trades, but this latest report is the really important nail in the bull coffin

 

Futures hammered on the mix of hotter than expected CPI numbers and a miss on the Retail Sales; Crashed thru the 100-sma in the ES H18 (2643) will be key here, if unable to hold 2600 comes into play

 

January CPI Y/Y +2.1%, Core CPI Y/Y +1.8% (Core had been running between 1.7-1.8% the past eight months)

 

January Core CPI M/M +0.3% vs +0.2% Briefing.com consensus



#2 q4wer

q4wer

    Member

  • Traders-Talk User
  • 1,903 posts

Posted 14 February 2018 - 08:52 AM

the bull market is formally declared over. 



#3 CLK

CLK

    Member

  • Traders-Talk User
  • 9,579 posts

Posted 14 February 2018 - 08:58 AM

Still a flat market, the numbers weren't high enough, market is already down 10%.



#4 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 8,877 posts

Posted 14 February 2018 - 09:10 AM

inflation    clapping.gifclapping.gifclapping.gif   8 years ago   http://www.siliconin...xt=inflationary



#5 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 8,960 posts

Posted 14 February 2018 - 10:04 AM

CPI reports signal higher inflation. 

The die is cast - rally over for now, the bear is here to stay for a while

There will be a few rallies, BTD trades, but this latest report is the really important nail in the bull coffin

 

Futures hammered on the mix of hotter than expected CPI numbers and a miss on the Retail Sales; Crashed thru the 100-sma in the ES H18 (2643) will be key here, if unable to hold 2600 comes into play

 

January CPI Y/Y +2.1%, Core CPI Y/Y +1.8% (Core had been running between 1.7-1.8% the past eight months)

 

January Core CPI M/M +0.3% vs +0.2% Briefing.com consensus

 

So much emotion tends to bite one on the financial rear end.

 

Fib


Better to ignore me than abhor me.

Wise men don't need advice. Fools won't take it. - Benjamin Franklin

Technical Watch Subscriptions

Technical Watch Twitter Page

Technical Watch Facebook Page


#6 12SPX

12SPX

    Member

  • Traders-Talk User
  • 493 posts

Posted 14 February 2018 - 10:09 AM

 

CPI reports signal higher inflation. 

The die is cast - rally over for now, the bear is here to stay for a while

There will be a few rallies, BTD trades, but this latest report is the really important nail in the bull coffin

 

Futures hammered on the mix of hotter than expected CPI numbers and a miss on the Retail Sales; Crashed thru the 100-sma in the ES H18 (2643) will be key here, if unable to hold 2600 comes into play

 

January CPI Y/Y +2.1%, Core CPI Y/Y +1.8% (Core had been running between 1.7-1.8% the past eight months)

 

January Core CPI M/M +0.3% vs +0.2% Briefing.com consensus

 

So much emotion tends to bite one on the financial rear end.

 

Fib

 

Yes gotta agree but I had a flashback as the market actually moved on an economic indicator, been awhile since its done that hahahaha!!  Was great to collect some put premium though!!yes.gif



#7 MDurkin

MDurkin

    Member

  • Traders-Talk User
  • 363 posts

Posted 14 February 2018 - 10:52 AM

Junk still weak on these rallies.



#8 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 19,293 posts

Posted 14 February 2018 - 11:09 AM

It is still a Bull Market.


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter

#9 q4wer

q4wer

    Member

  • Traders-Talk User
  • 1,903 posts

Posted 14 February 2018 - 11:49 AM

I will turn to be a bull only after spx closes above 2800



#10 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 2,848 posts

Posted 14 February 2018 - 12:07 PM

The bull is dying, Mark.