CPI pump and dump as predicted, RTY went overbought on RSI with MFI divergence.
Fed meeting minutes at 2pm, unemployment and PPI numbers premarket tomorrow and retail numbers premarket Friday. Garbage stocks didn't even last 15 minutes, lol. PTON shot down so fast I couldn't even catch up to it. Managed to snag a few BYND puts, we'll see where taht goes.
Might snag some CAT puts EOD for unemployment number tomorrow.
Fed meeting minutes at 2pm, unemployment and PPI numbers premarket tomorrow and retail numbers premarket Friday. Garbage stocks didn't even last 15 minutes, lol. PTON shot down so fast I couldn't even catch up to it. Managed to snag a few BYND puts, we'll see where taht goes.
Might snag some CAT puts EOD for unemployment number tomorrow.
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Garbage stock tank appears to be done for the day, flipped my puts for a grand. At least I made some money this week, lol.
Comment:
Fed minutes at 2pm. Gonna skip the whipsaw.
Feeling bearish but ES still needs a gap fill.
Feeling bearish but ES still needs a gap fill.
Core inflation still well above Fed target of 2%, I guess the market is pricing in another .25% bump for May.