/biz/ - Business & Finance

Every TA indicator I follow is screaming that this is a low and likely an insane buying opportunity. It's time I leave /cashgang/

>that feeling when you take a sip of hot coffee and can feel it flowing down the inside of your body

>>52533845
Market is in relief rally as CPI showed a single print where inflation was going down and is only at 7.7%, on that day the nasdaq was up 7% and we have pretty much crabbed since, bounding off SPY $400-$390.

Market is predicting a 50 bepis point rate hike into a 25 bepis in to pausing or reversing rates. Many posters seem to think this is wrong and that the FED will continue rape increases until morale plummets and are taking short positions expecting this rally to turn down.

Some posters think we will be reaching all time lows at the start of the new year, while others believe US debt cannot maintain high rates and the FED will HAVE to lower rates sooner rather than later.

There hasn't been any decent sounding positions lately, with uncertainty of the future and pajeet scams muddying the water. Due to the opaque state of the market some anons have decided to go in to JEPI or other covered call ETFs to get a consistent monthly yield until more promising plays show themselves.

>>52374333
https://www.youtube.com/watch?v=p8HFOudTcIA

Super easy explanation, no strategies or anything, just education. Buying vs Selling Call & Put Options.

>waking up to coffee and a new Rocker video

my mom made me a strawberry cake for my birthday, and cpi came in good. pretty good week bros