212 replies to this topic

[redfoliage2]

 

December PPI just out.  The leading component (MOM) down to 0.2% from 1.0% in Nov. forming a down trend.  The lagging component (YOY) also down from 9.8% to 9.7% (it's a hot topic for the talking heads though).   Now we should understand why Powell said on Tuesday at the Senate confirmation hearing the Fed policy normalization is a long road to go.  I guess he must already have known Dec. PPI and CPI then..........................

 

So forget about the Street propaganda that the Fed will embark radical moves this year.  I see the Fed will not touch balance sheet reduction this year - it's a long road to go, as it's quoted......................................

 

Today it's due for a VST consolidation and after it's done, higher to go ......................

[K Wave]

here come another attempt at AAPL 175...

[K Wave]

here come another attempt at AAPL 175...

And fresh low of day...careful....

[K Wave]

Softy imploding...

[dTraderB]

another 100 below 383.75

 

 

added another 100 just below 386

300 QQQ

24 QQQ PUTS

 

will add more qqq at lower levels

 

 

Relatively dull day after early spike up. Smaller profit than previous 2 days.

NQ daytrades, one QQQ trade,  one QQQ PUT tradem, no SPY trade, no VXX tRADE, no CRUDE trade'

 

In LT:

200 QQQ

20 QQQ PUTS

 

Flat everything else

 

[dTraderB]

and another below 380 if traded today

 

 

another 100 below 383.75

 

 

added another 100 just below 386

300 QQQ

24 QQQ PUTS

 

will add more qqq at lower levels

 

 

Relatively dull day after early spike up. Smaller profit than previous 2 days.

NQ daytrades, one QQQ trade,  one QQQ PUT tradem, no SPY trade, no VXX tRADE, no CRUDE trade'

 

In LT:

200 QQQ

20 QQQ PUTS

 

Flat everything else

 

 

[K Wave]

AAPL bulls not givin' up just yet....

[K Wave]

Softy going seriously limp.....sure has that crash leg initiation feel to it so far....

[K Wave]

AAPL bears tryin' to get something finally established under 175....

 

now we see if wheels start to come off..

Edited by K Wave, 13 January 2022 - 11:13 AM.

[K Wave]

they holding up Dow with Boeing as it jams into the underside of the daily 200