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/biz/ - Business & Finance

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49489710 No.49489710 [Reply] [Original]

CPI is expected at 8.3%,same number like last month
>If cpi comes at exactly 8.3%
Propably fake algo pump followed by a dump,same number as last month is not bullish at all and propably we keep ranging till fomc meeting on 15h
>CPI comes lower than 8.3%
Honestly that should be the most possible scenario,they expected 8.1% last month,failed and now expect higher again?makes no sense,seems fabricated so the media feed people up that inflation is falling faster and goverment is taking care of it.Will lead to pump,propably to higher ranges on both stocks/crypto
>cpi over 8.3%
lmao no comments
But anyway,even if we pump or keep crabbing,early-mid july are the earnings reports for all major us companies for q2 and they all warned in q1 that they will be fucked,so lower lows are ahead of us

>> No.49489778

>>49489710
Nice timing!
Buy donut!

>> No.49489837
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49489837

>>49489710
I was really hoping for a pump. QQQ almost hit its 200 week moving average last week and weekly RSI is at COVID levels. I really thought we would have a mini bull in a longer bear market. Maybe something like a 3 month bull back to 350 levels of QQQ. Then, like usual, a crash in September again as interest rates get too high.

>> No.49489878

It's a lie. Who cares?

>> No.49489931

>>49489837
yes. The dumb retard whales bought back in too soon instead of letting it get hit.

>> No.49489935

its gunna pump no matter what what

>> No.49489959
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49489959

> It's a lie. Who cares?

>> No.49490028

>>49489710
Its going to be pushing 9% and the s&p will dump another 15% before month end.

>> No.49490037

>>49489710
It's funny how the entire market is controlled by the CPI number which everyone knows is fake. I mean they price in rent at 5% everyone knows that's fake

>> No.49490050

>>49489959
Do you believe that rent went up 5% since last year? That's what CPI says

>> No.49490107
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49490107

>>49490037
The entire market knows its dumb but the entire market also knows everyone else will follow the dumb indicators because everyone else will.

>> No.49490132

>>49490050
5% every month.

>> No.49490167

>>49489710
who gives a fuck? I just walk outside and look at the prices, they went up last month and now they are higher than ever, dont care about cpi propaganda bullshit

take the red pill or you never gonna make it

>> No.49490204

>>49490167
are you retarded?do you think i give a fuck about how much you pay for your groceries you stupid mutt?
I care for this number so i can trade,who gives a fuck about the real number

>> No.49490332

>>49490204
you're a fucking idiot, why are you wasting time trading? have you still not realized everything is going down?

tomorrow, if market goes up on CPI i will buy more shorts

tomorrow if market goes down on CPI i will buy my shorts

>> No.49490487

>>49490332
i know this place is full of retards but you must be the most retarded lowlife monkey iv ever seen

>> No.49490534

>>49490332
Markets go up and down retard. You can trade up and down

>> No.49490553

>>49490487
keep buying the dip dumbass

>> No.49490570
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49490570

69% CPI tomorrow

>> No.49491297

12%

>> No.49491409
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49491409

>>49489710
>cpi over
cpi over 9% tomorrow!

>> No.49491434

https://app.truflation.com/
inflation actually dropped from 11% to 10.5%

>> No.49491467
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49491467

>>49490487
We have not even seen the dip yet! Market will crash by another 95%+

>> No.49491510

CPI could be higher because oil
>Oil up biggly in March CPI report
>Oil does a slight pullback in April
>Oil rips even bigger in May
Makes the price of a lot of things go up. Energy is going up in cost in general globally. Food at home could go down since there was a recent spike in eggs last report due to egg dumping. There's no way we're going down, I see more potential for going up. You Even see it in smaller packages of foodstuffs hitting shelves, mfgs are pricing it in already.

>> No.49491614

Whats even the point in these (((estimates))) They know what the number is going to be so they just estimate above that number to cause bullish sentiment. And if it isnt below estimates they can just lie and give us a false figure. The same faggots who estimate this shit are announcing the number. Its not like the number appears in the sky sent by god. If they actually find out CPI is like 12%, what are they gonna do just announce 12% and let the markets nuke? Obviously they'll just say its exactly that the estimate is and everythings under control. Anyone who buys into this CPI shit is a retard