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Critical Week ahead: Inflation report, Earnings season begin, China COVID outbreak...


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#21 12SPX

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Posted 12 July 2022 - 09:29 AM

No one has a clue what it will be, today's trading has nothing to do with it, if anything, if they sell it at the end of the day the market will likely turn out to be positive.  I think I'd rather be flat either way going into it except sold call option trades mid you lol!! 



#22 12SPX

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Posted 12 July 2022 - 09:30 AM

Trying a long build again at 3843....



#23 12SPX

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Posted 12 July 2022 - 09:32 AM

Boom there we go cmon, lets show those bears out there, get going lol!!!  profit stop 3845....



#24 redfoliage2

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Posted 12 July 2022 - 09:35 AM

It looks that Mr. Market thinks CPI data out tomorrow not going to be as bad as bears like to see ........................

Listening to Mr. Market I bet the data already leaked out ...................


Edited by redfoliage2, 12 July 2022 - 09:37 AM.


#25 12SPX

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Posted 12 July 2022 - 10:17 AM

Nothing leaked fake news, profit stop 3850...



#26 12SPX

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Posted 12 July 2022 - 11:51 AM

Took profits at 3863 for 20 points profit, want to go out and enjoy this weather...



#27 jacek

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Posted 12 July 2022 - 02:12 PM

CPI will likely be pretty bad, as it is a lagging indicator.



#28 12SPX

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Posted 13 July 2022 - 07:19 AM

Interesting to see the futures up before the inflation data comes out when the real news comes out lol!  Will likely be a market moving report and was glad I got out when I did yesterday as sell programs hit going into the close.  It's anyone's guess of course but its been obvious that inflation has been coming down the past month pretty hard so even though this number may be bad it is changing.  Will be interesting to see how the market reacts nonetheless but I plan on just "watching" unless its a radical move in either direction till at least the cash open when things will settle down.  I'll be watching my option premium tick away either way lol!! 



#29 12SPX

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Posted 13 July 2022 - 07:37 AM

Nice gonna go crazy here and start a long build at 3760....



#30 12SPX

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Posted 13 July 2022 - 07:38 AM

Gonna keep it wide to add though for all you crash and bear people out there though lol!!  Grind grind grind baby grind!!