@TylerWilson119 Might sound silly but I think they Priced in higher growth. Semis might not like this. Although beat, good chance NVDA gonna test other end of range (260) now imo.
@TylerWilson119 Market had to wait for everyone to get all bulled up, now the rug gets pulled. Markets actually wild for pulling the rug on a supposedly great CPI read. Gotta love market makers lmao. I mean core was ass but still…
@TylerWilson119 Call me crazy but this cpi data is bearish. Core cpi didn’t change at all which is what the fed cares about. And the only reason this cpi dropped is energy, but energy is mooing now and rent goes up in the summer too… market is forward looking…
@TylerWilson119 Why is Goldman saying this now in the AH, when they claimed to have predicted 5.2 🤔Seems like big money knows smth…. Btw if CPI comes in above 6, -5% by EOW
@traderstewie If market keeps going up, sure. But why we longing right at resistance when every time we’ve hit this trend line we’ve sold off aggressively, would need to see hold above 105.5 to be convinced