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July P/L Challenge: How did you make the most of volatility?
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Wednesday Update!

Today is ALL OVER THE PLACE!
The PPI (Producer Price Index) which is a indicator or measure of the inflation that was present for September for WHOLE SALE products.
https://www.bls.gov/ppi/latest-numbers.htm
https://www.bls.gov/ppi/latest-numbers.htm
The overall PPI inflation number (YoY) is +8.5% it was Expected to be at +8.4% (YoY) and last Month (August) was at +8.7%
This means that although Inflation is slowing down little by little still, It is NOT slowing down as fast as our "EXPERTS" thought.
Tomorrow the more anticipated Reading CPI (Consumer Price Index) is released at 8:30 am.
HERE IS MY OPINION (ITS AN OPINION AND I AM CONSTANTLY WRONG):
Tomorrow the morning futures are going to be green slightly at first. If the CPI is:
Below the Estimate: the market will rally like all hell.
On the Money: The market will still rally pretty well.
Over expectation: If the reading is only 0.1% more then expectation I believe people will still try to run with it. If its any worse the +.1% over expectation The Market is going to go into a selling frenzy.
EXPLANATION:
The market is currently very oversold. Peoples Opinion on whats going on in the market is very negative But there is a group of analysis that are putting doubt in the "all is going to hell" Idea. People want to belive that things are getting better. We have our president going on national TV telling the American people everything is GREAT! This is not true. but that does not mean people wont believe it. SO, I believe tomorrow will be a rally and Friday will go RIGHT BACK TO RED.

$Carnival(CCL.US)$ $Norwegian Cruise(NCLH.US)$
Bought Call Options on these as they are rebounding from the constant selling they have endured. (will only be holding untill tomorrow)

Day Trade Stocks For this After Noon (was able to make a play off of all of these this morning and yesterday)
$Pineapple Energy(PEGY.US)$
$FingerMotion(FNGR.US)$
$Agrify(AGFY.US)$
$Laser Photonics(LASE.US)$

Earnings Release:
Wednesday: $PepsiCo(PEP.US)$ $Duck Creek Technologies(DCT.US)$
Thursday: $Delta Air Lines(DAL.US)$ $Taiwan Semiconductor(TSM.US)$ $Blackrock(BLK.US)$ $Domino's Pizza(DPZ.US)$ $Walgreens Boots Alliance(WBA.US)$ $Fastenal(FAST.US)$
Friday: $Vinco Ventures(BBIG.US)$ $JPMorgan(JPM.US)$ $U.S. Bancorp(USB.US)$ $First Republic Bank(FRC.US)$ $Wells Fargo & Co(WFC.US)$ $Morgan Stanley(MS.US)$ $Citigroup(C.US)$ $UnitedHealth(UNH.US)$
Friday kicks off the Earnings Release on the BIG BANKS!
You can always use Earnings to make good plays. I am trying Options Straddles for the first time on Friday.


That is all for now. Wish Everyone the best in your trading Journey!!!
Biz
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I love the market and everything about it. HARD WORK AND DISCIPLINE! follow me on Twitter @BismarkBradlee
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