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Monthly OpEx, PPI, CPI, and Powell - Buckle up and enjoy the ride


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#51 redfoliage2

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Posted 31 May 2024 - 02:49 PM

With the month ending bears losing their handle.  Likely a gap up on Monday.........................


Edited by redfoliage2, 31 May 2024 - 02:55 PM.


#52 redfoliage2

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Posted 31 May 2024 - 03:00 PM

Bears are basically fighting againt the data and against the Fed, it's unsustainable .............................

What a dramatic intra-day reversal! It looks that they have realized it's unsustainable to fight against data, and the Fed that is driven by data ............................


Edited by redfoliage2, 31 May 2024 - 03:10 PM.