PCE numbers came in higher than expected as I predicted but apparently the futures traders don't care, lol. Futures barely touched red and went right back up.
Probably more whipsaw today, a pump on debt deal and then a a dip next week when MFI gets overbought.
Gotta love it when the market pumps bad news.
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Lost a few hundred bucks on my XLF puts, was supposed to be all or nothing, wound up losing like 25%, guess Europe needs the bounce and they're still buying.
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I don;t chase a pump on bad news, I'll see you guys next week when MFI gets overbought. That'll probably happen Tuesday I think.
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Up 30 pts after PCE came in higher than expected, lol.