Tomorrow at 8:30am the CPI data will be released and I am certain the number will be HOT. If so, it will further solidify the market’s belief that the Fed will hike 7 times (lol) during 2022. If, by chance, the Biden regime finds a way to rig it lower, we will get, in my opinion, a fierce rally, led higher by commodities. I guess the question is, how rigged are we?
We all know inflation is higher than 10%. We can see it everywhere we go. I am hoping for more lies, this way my leveraged portfolio of commodity stocks can run higher.
I closed the day +195bps, in spite of starting off slow and with 20% of my positions in leveraged short ETFs. I bought throughout the day, avoiding tech in favor of commodity driven names. The reason is two fold.
1. Technically they are superior to everything else and do not have the same identical patterns that is seen in just about every beaten down stock running higher now.
2. When Russia attacks Ukraine, energy prices will explode.
On the off chance the markets collapse tomorrow it will be due to Russia and/or stronger than expected CPI data. It is very likely that if we crash lower tomorrow — markets will continue to slide so you’ll probably want to get the fuck out and start over again.
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I am running out of words to describe just how much higher commodities went today.
If they fly higher, merely talking of eagles wouldn’t do it justice.
If these commodities fly any higher, they’ll be hanging out with R. Kelly, urinating on a teenager for fun.
I’m sorry but you “running out or words” is as likely as Fly getting vaccinatedX4 and using common sense. You talk too much and that’s ok. But thinking that anyone actually cares what you say is delusional, and that’s not ok. Ok?
Russia will not invade Ukraine. The “threat” is a thinly disguised ploy to create NATO drama. I’m surprised this isn’t being played out on Facebook or Twitter, both of which are full of twits.
You obviously read all of it, you stupid bastard.
Kamala Harris going to Munich.
Definitely going to be war.
Did you happen to notice that your inane comments comprise all of the comments on this thread excepting my comment that you talk too much?