Quick thoughts before CPI - 13 Oct
Don’t be married to a bias, be it bull or bear. The whole world is bearish now, and there are rumours that CPI will come in hotter, and the market could dump. But will it really dump? We don’t know. It could be the case and as a result, all bears and put holders will be printing big money. But market could be irrational too and surprise you.
I am not taking any side now. Am grabbing popcorns, and see how the market waterfall or shoot up. Would be fun to watch by the sidelines since I already have a few open positions. But if the set up is good, I’ll ride with the trend.
Or who knows, it could be another flat (and boring) day haha
Those who are holding short-dated options e.g expiring this week - may the force be with you. Let’s hope you print some money. But remember, when you win, it means someone on the other side is losing. Let’s hope it’s the institutions who are losing alright?![]()
I am not taking any side now. Am grabbing popcorns, and see how the market waterfall or shoot up. Would be fun to watch by the sidelines since I already have a few open positions. But if the set up is good, I’ll ride with the trend.
Or who knows, it could be another flat (and boring) day haha
Those who are holding short-dated options e.g expiring this week - may the force be with you. Let’s hope you print some money. But remember, when you win, it means someone on the other side is losing. Let’s hope it’s the institutions who are losing alright?
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$SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$ $Amazon(AMZN.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ $ProShares UltraPro Short S&P500 ETF(SPXU.US$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $ARK Innovation ETF(ARKK.US$ $Tradr Short Innovation Daily ETF(SARK.US$
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456632345 : Institutions will never lose
elyaloy 456632345: so truth
ProfB22M : What time is the announcement
Cow Moo-neyOP ProfB22M: 830am eastern. 830pm if you’re in singapore
Cow Moo-neyOP 456632345: Agree!
ProfB22M Cow Moo-neyOP: Noted thanks
Ray2021 : SPY pre-market up, so is Nasdaq. expecting good CPI?
Chris I : Should buy now pre market or wait later?
Cow Moo-neyOP Chris I: Sorry cant advise as i don’t know what is your investment plan
ProfB22M : Woah 8.2 percent. Too expensive
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