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Rally over! Bear is hear to stay!


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#1 dTraderB

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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

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Posted 14 February 2018 - 08:52 AM

the bull market is formally declared over. 



#3 CLK

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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

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Posted 14 February 2018 - 09:10 AM

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



#5 fib_1618

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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


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

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#6 12SPX

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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

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Posted 14 February 2018 - 10:52 AM

Junk still weak on these rallies.



#8 OEXCHAOS

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Posted 14 February 2018 - 11:09 AM

It is still a Bull Market.


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#9 q4wer

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Posted 14 February 2018 - 11:49 AM

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



#10 dTraderB

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Posted 14 February 2018 - 12:07 PM

The bull is dying, Mark.