CPI to be out on Friday that is likely to show inflation is on the rise, and MF suggests this is a better hedge against rising inflation. I tend to agree:
https://www.fool.com...nflation-hedge/
Edited by redfoliage2, 08 December 2021 - 12:14 PM.
Posted 08 December 2021 - 12:11 PM
CPI to be out on Friday that is likely to show inflation is on the rise, and MF suggests this is a better hedge against rising inflation. I tend to agree:
https://www.fool.com...nflation-hedge/
Edited by redfoliage2, 08 December 2021 - 12:14 PM.
Posted 08 December 2021 - 12:16 PM
But I like Ethereum even better. As always this is not a recommendation, please do your own research ......................
Edited by redfoliage2, 08 December 2021 - 12:26 PM.
Posted 08 December 2021 - 12:30 PM
BTW, major indices for stocks are either at or very close to a top, and I'd expect a reversal anytime soon .................
Edited by redfoliage2, 08 December 2021 - 12:31 PM.
Posted 08 December 2021 - 12:37 PM
But I like Ethereum even better. As always this is not a recommendation, please do your own research ......................
You may do a research on the Ethereum ETF ETHE ..................
Posted 08 December 2021 - 12:44 PM
BTW, major indices for stocks are either at or very close to a top, and I'd expect a reversal anytime soon .................
Watch out on the inflation-troubled Fed early next week and an unexpected report on death cases from Omicron.......................
Edited by redfoliage2, 08 December 2021 - 12:51 PM.
Posted 08 December 2021 - 12:56 PM
BTW, major indices for stocks are either at or very close to a top, and I'd expect a reversal anytime soon .................
Watch out on the inflation-troubled Fed early next week and an unexpected report on death cases from Omicron.......................
It could happen as soon as Friday if CPI out to be inflationary .......................
Posted 08 December 2021 - 01:35 PM
So far today ES intra-day down volume is 3 times of up volume, and this did not happen in the last two days. I see a reversal is coming ...................
Edited by redfoliage2, 08 December 2021 - 01:37 PM.
Posted 08 December 2021 - 02:05 PM
Regarding longer term view my IT trend indicator is still down, so I expect the recent bounce to be sold next week ....................
Posted 08 December 2021 - 02:28 PM
Regarding longer term view my IT trend indicator is still down, so I expect the recent bounce to be sold next week ....................
BTW, it's going to be the Dec. monthly OpEx week, I'd not be surprised to see a repeat of last week, especially in large caps ..................
Edited by redfoliage2, 08 December 2021 - 02:30 PM.
Posted 08 December 2021 - 04:14 PM
So far today ES intra-day down volume is 3 times of up volume, and this did not happen in the last two days. I see a reversal is coming ...................
Even with the tape-painting in the last hours of the cash session ES down volume was still much bigger than the up volume today. So it's likely for a gap-down tomorrow...............
Edited by redfoliage2, 08 December 2021 - 04:18 PM.