The Bloomberg BCOM index is pretty close to being accomodative. The price for Dr. Copper was just raised from 9k to 11k. This is going the wrong way for the Fed and has to change sooner or later. (JMHO)
My last post until I'm sure my trades are going to make me look good.
Started by
skott
, Jan 11 2023 02:48 PM
13 replies to this topic
#12
skott
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Posted 12 January 2023 - 11:07 AM
The Bloomberg BCOM index is pretty close to being accomodative. The price for Dr. Copper was just raised from 9k to 11k. This is going the wrong way for the Fed and has to change sooner or later. (JMHO)
I'm not sure what you mean. Accomodative? I thought Dr. Copper was Copper price. It's around $4.17 Sorry that I am dumb about this. I know what the word accomodative means. thnx
Edited by skott, 12 January 2023 - 11:09 AM.
#13
skott
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Posted 12 January 2023 - 11:25 AM
alot of contracting on the QQQ but it just made it's first lower low of the morning and looking like a lower high too. XLE is the only thing really hurting me today
#14
skott
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Posted 12 January 2023 - 01:18 PM
My Bond position is doing well today but the Bond movement seems to be moving in tandem with the stock market for quite awhile now.
I was going to say that I thought stocks will end the day at least going down. VVIX is headed up again intraday
