No, if it was same or lower, Biden wouldn't need to address it the day before. Its increasing, just we don't know by how much. My guess is at least 9.0%
It reminds me of adult swim. Seemingly for no reason whatsoever, all the kids out of the pool for 10 minutes. All the parents have to watch their kids. Single people with no kids aren't at that pool, they're at the YMCA or something where they can swim the whole time they're there and not 10 minutes per hour. The pool is empty. The ritual is stupid. Everyone just stares at the empty pool for 10 minutes.
i'm good with it. going down will be a wake up call to the fed and means more republican votes this fall. apparently it is going to have to get worst before it gets better. at least this the vibe i'm getting from the fed.
Prediction is 8.1. I think it’s more likely 8.5-10. Prices are insane and businesses don’t have staff. And everyone is missing earnings lately so everything adds up to baddddd numbers. If Amazon costs got fucked by inflation imagine consumers where all that gets passed to
You are a dumbass to keep anything with Bank of America. Have you not seen some of the issues surrounding unannounced bank closures and shit over this last year. They will probably be a dead bank soon.
If I get $5k of credit card debt with BofA and they go bankrupt will they follow me for my money or can I just delete the app and pretend I don't speak english when the debt collectors call
The fact this is true and being pointed out on this sub, means the algos account for that. It might trick some tards into buying some bags, but ultimately retail doesn't sway the market anywhere near institutions and the fed.
To start off with, I've done better then anyone before with adding jobs, I drilled more for oil then Trump did. I wanna fix everything but putin and the Republicans are messing everything up and won't let me. Vote blue this election for more of my greatness.
Food prices are high because corn is up and in short supply. That's why my administration is allowing more corn to be turned into fuel. Cows and kids can fuck off. We've got vacation driving to cover.
How about I had to stockpile baby formula for the last 4 months. As my 14 month old was getting off formula around 4 months ago I noticed less and less on the shelves.
Yeah it’s going to be a shitshow tomorrow. Not worried for myself, I’m only 32. Sad that my dad who is 4 years away from retirement is taking a hit. He will be ok but it’s just a shame.
The market disagrees. At the end of last week, a 75 bp raise in the June FOMC was priced in with a roughly 80% probability even though Powell came right out and said 75 bps were off the table for future raises; that has now switched to a roughly 90% probability for only 50 bps. Signs are pointing to inflation slowing now, so we probably won't get a "doom print" that a lot of you idiots are predicting.
You guys act like this number isn't totally fucked cooked. Of course it's going to be lower tomorrow because otherwise raising the rates would be looked on as a huge mistake by this administration.
I bet they lie and say inflation goes down- even though interest rates have not had enough effect yet and no reasoning. The market has to breathe before we take the 3 digit plunge
Gawd he said they don’t have control of all branches bc they don’t have complete control of the Senate 🤦♂️ I really feel bad for low income people even though most of them were duped into voting for him
Biden is shitting himself and painting the walls with it he has done nothing but shit on the people of this country. He needs to be removed but she would be worse. We have no hope we have fallen this far in two years imagine how far down we will be in two more.
No, you idiots. There's now been a deflationary spiral. Prices of literally everything have dropped and GDP was negative in the first quarter. Inflation reading will be better tomorrow.
Used car prices are down , housing prices peaked now stagnant and not moving at the speed of light , gas prices will decrease at the end of the week , China lock downs should end this month and production will ramp up . A lot of indicators out that inflation peaked and can only go down from this point .
Went long today because retardless of the number, the market will rally for the next week or two (technicals playing out with the catalyst). Then switching to puts before GDP is released to remind everyone how fucked we all are.
What was the cpi last April, just for the month? I think it was 0.6%, just remember this won't be included in tomorrow's number, so if the monthly increase is less than 0.6% the YoY number will look like its going down. Or maybe its last march... anyways... you get what I'm saying.
If that's what his speech was about, he did the most piss poor job of easing fears and calming markets of any president in my lifetime and that includes Dubya. Biden came into this job talking about bipartisanship and working together, now he's all about politics as usual...throw mud at the opposing team and play the blame game. He keeps blaming Putin for fuel prices when one of his first moves in office was to put the kibosh on the Keystone pipeline. Sorry Joe, I'm not an ignoramus like you must think we all are. Your cute little "Putin's Price Hike" catchphrase just sounds idiotic to me.
The current economy and inflation is very reminiscent of when Jimmy Carter was president. Inflation was crazy! Mortgage rates were crazy! Fuel rationing at the gas station. He was a one term president because of the "Misery Index". I don't think Biden will be elected again but, frankly, we need some younger leaders. Not Biden, not Trump, not Bernie, not anyone else ancient.
Who’s to say the numbers themselves aren’t manipulated? Cmon guys, if I’m trying to stay in power, I’d sure as hell manipulate the actual CPI for example as being slightly less than it is in actuality. Why? Stock market relief (benefits my ultra-rich donors), belief that our monetary system works (hint: it doesn’t), and to keep the status-quo at all costs. Lets face it ladies and gents, information can be hidden in plain sight due to short attention spans. A well-educated public changes nothing; if an individual or conglomerate controls the narrative, they control the public. It’s a consolidation of power and nothing but brute force can stop it. You don’t take complete control in one fell swoop, you take it slowly, like a rapidly contagious but “harmless” virus until it mutates into an unstoppable force once it has reached enough hosts.
If it prints higher tomorrow than last month, they’ll say “it’s the peak”. And then actively start working on revisions as to how it’s calculated like they did back in 1980, when shit got out of hand.
CPI will actually be down mostly because April 2021 was much higher than March 2021. It's comparing the increase from last year more than the increase from month to month. Biden addresses it early to scare everyone though. Pump tomorrow wrecks everyone then bull trap dump wrecks everyone again. It's going to be a shit show.
This is why I rarely use Reddit. They removed so many posts for absolutely no valid reason. Great idea but it's failing miserably with their censorship.
Think its a coincidence that we give hundreds of billions of dollars to Ukraine and markets start to drop? HEY GUYS REMEBER WHEN CONSPIRACY THEORIES ABOUT THE STOCK MARKET WERE ACTUALLY JUST THEORIES?! Not with this guy as president. Government has been showing its hand on numerous occasions.
What’s causes recessions are but recessions can be a good thing in the long run. They clear out bad companies and give other people the opportunity to buy at a discount. I really want tech to crash and burn like a mother fucker so my TECS will print hard!!!
Lmao, their estimates are under 8.0 and not a single god damn thing has gotten cheaper. They’re LITERALLY faking numbers to prevent a huge sell off because they can’t have Sleepy Joe look bad since midterms are close.
[удалено]
I see 7.94 May and 7.69 Q2?? Someone explain in mentally handicapped terms pls
is this sh!t ever accurate?
X factor is Putin, remember when our markets were on rope and he started an oil war with the Arabs
Basically tells me we're going from 8.5% to 9.0%
The issue is above or below March 8.5%.
8.4% reading tomorrow...my guess
No, if it was same or lower, Biden wouldn't need to address it the day before. Its increasing, just we don't know by how much. My guess is at least 9.0%
Biden and friends had to rewrite that speech last second lol
So you really think in this market right now CPI will decrease by 0.1%?
It’s going to rally. It’s going to make no sense whatsoever, but it is going to rally.
It reminds me of adult swim. Seemingly for no reason whatsoever, all the kids out of the pool for 10 minutes. All the parents have to watch their kids. Single people with no kids aren't at that pool, they're at the YMCA or something where they can swim the whole time they're there and not 10 minutes per hour. The pool is empty. The ritual is stupid. Everyone just stares at the empty pool for 10 minutes.
100%. Spy 500.
Bought a SPY 425C just in case
CPI 9% SPY up 5%.
This makes sense because nothing else does
I’m a terrible person so I’m hoping for 10+ so the spy dies and my puts print
If you can beat inflation by being a bear, do it!!!!
If it was double digits, my UVXY is sending me to an early retirement.
I'm expecting another rip your face off rally. After that, we probably take out 5-7 years of gains. Too many people are expecting a drop.
Yassss
Wouldn’t inflation help devalue the dollar and justify higher prices for ETFs like SPY?
i'm good with it. going down will be a wake up call to the fed and means more republican votes this fall. apparently it is going to have to get worst before it gets better. at least this the vibe i'm getting from the fed.
Nothing wrong with trading and making money on circumstances you had nothing to do with.
SPY to zero. LFG!
Right? Being late and blaming other people for problems? That politics 101
30min late = 30% inflation confirmed
Yea hes always late and always rambles what seem like off topic. I doubt his speech today was any indication of CPI tomorrow.
Ya but late and then such a shitty unplanned whine speech shows their victory lap went 💩
CPI at or below 8.5% tomorrow is bullish imo
Since we're all the betting types, I say: 8.9%
You belong here lol
Prediction is 8.1. I think it’s more likely 8.5-10. Prices are insane and businesses don’t have staff. And everyone is missing earnings lately so everything adds up to baddddd numbers. If Amazon costs got fucked by inflation imagine consumers where all that gets passed to
Most banks and when I said most I mean all showed record profits Q1 in their trade desk. They were first selling and Will buy back pretty soon.
If we are going to get a rally before opex it starts tomorrow. The high VIX will fuel the rally. Once puts start covering it blasts up
nah tomorrow will be a huge bear market sending vix to near 40. After that I sell all my puts and inverse 3x leveraged positions and buy calls.
Citing Biden being 30 minutes late has the same energy as “there’s lights on a citadel at night” DD
Chinese CPI in 12 minutes LFGGGGG futes are bout to be FUKKKK's
You are a dumbass to keep anything with Bank of America. Have you not seen some of the issues surrounding unannounced bank closures and shit over this last year. They will probably be a dead bank soon.
Bank of America may be the worst big bank. Avoid.
If I get $5k of credit card debt with BofA and they go bankrupt will they follow me for my money or can I just delete the app and pretend I don't speak english when the debt collectors call
Honestly. It was was due dilligence I needed to hold my spy puts through tomorrow and buy more puts.
They just increased my credit line to $10,000 for no reason. This alone is enough to be suspect of them.
Do you not remember anything from the last 20 years? BofA is too big too fail. They know they get bailed out, why would they be a lawful bank?
lol wut??? Their quarterly earnings say different.
2008 called and reminded me BOA is too big to fail
So puts?
I expect it to be lower than expected. Small bull rally rest of week, back under 4000 next week.
Good luck guys, but your bear thesis has major problems:
The fact this is true and being pointed out on this sub, means the algos account for that. It might trick some tards into buying some bags, but ultimately retail doesn't sway the market anywhere near institutions and the fed.
Paul Volcker says otherwise
We mooning tomorrow boys!!! Trust Mr bro 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Anyone who lives in the real world will tell you inflation was higher last month then any time in recent memory.
Saving this comment for tomorrow when CPI comes out.
This guy thinks he’s big brain but he also thinks CPI is strictly an inflation report and that’s the only thing the reported numbers are based on 🤣
We’ll rip tomorrow. CPI might be 9 but core CPI will be down MOM and spy will go to 430 by Thursday
I think we'll get a retest of 410-415. If it hits 430, my QQQ calls will bank me like $30-40k.
To start off with, I've done better then anyone before with adding jobs, I drilled more for oil then Trump did. I wanna fix everything but putin and the Republicans are messing everything up and won't let me. Vote blue this election for more of my greatness.
He used to drill for oil with Cornpop but then the Republicans banned fracking.
Hahha imagine locking down the country and when you let people go back to work calling it "job creation"
As he jacked up half the speech from bad numbers. Shits bad or fed wouldn’t be pumping speakers
You belong here if you think Biden’s rambling comments actually has some hidden message.
Food prices are high because corn is up and in short supply. That's why my administration is allowing more corn to be turned into fuel. Cows and kids can fuck off. We've got vacation driving to cover.
I lose 900 miles on that corn fuel shite. Yellow piss fuel.
And ethanol is bad for your engine in the first place. Why would I want E15?
I don’t know shit on this topic but I would be very surprised if US was short on corn supply
It’s priced in, it’s gonna take off.
Bro you will be so wrong…lol
Futes getting nervous before foreigners open
Futes retracting like me in the cold
Anything under 14.0 is a buy with the level of fear mongering right now
How about I had to stockpile baby formula for the last 4 months. As my 14 month old was getting off formula around 4 months ago I noticed less and less on the shelves.
Scum of the earth is scalping formula???
Yeah it’s going to be a shitshow tomorrow. Not worried for myself, I’m only 32. Sad that my dad who is 4 years away from retirement is taking a hit. He will be ok but it’s just a shame.
8.1-8.3% tomorrow a bear market rally is almost guaranteed at this point
3.2 inflation is now only based on the price of jeans
Puts are gonna print
The market disagrees. At the end of last week, a 75 bp raise in the June FOMC was priced in with a roughly 80% probability even though Powell came right out and said 75 bps were off the table for future raises; that has now switched to a roughly 90% probability for only 50 bps. Signs are pointing to inflation slowing now, so we probably won't get a "doom print" that a lot of you idiots are predicting.
8.3-9 is like guessing from 6.9-42.0
Nice
"The best way to fix inflation is to get vaccinated"
2 more inches please
It won't be bad. I'm just mad that he is calling it Putin's price hike.
You guys act like this number isn't totally fucked cooked. Of course it's going to be lower tomorrow because otherwise raising the rates would be looked on as a huge mistake by this administration.
Market wouldn’t care if it was a cooked number
Biden is like that turd that won't flush
Even if it’s fucked, we rally
Agreed, tomorrow is less an exercise in what the number is as much as it is we know what the number is.
I bet they lie and say inflation goes down- even though interest rates have not had enough effect yet and no reasoning. The market has to breathe before we take the 3 digit plunge
Not if Putin decides to blow up some shit tonight, him and bad cpi= circuit breaker
Yeah... Me thinks we'll be lucky to get 8-9%. I think realistically we're looking at 10-12%
Print 2.2 and Powell says "We told you!"
Natural gas been flying
I'm starting to like inflation....
I could care less...dementia dickhead that he is.
Couldn’t care less
I mean if you go to the store and pay attention you can easy see how much more stuff gone up , and is only on the early stages
My 2 chicken biscuit and a coffee is 16 ws 12 in December
my $5 10pk of cookies is now an 8pk of cookies
Biden is so corrupt and incompetent but ppl were like orange man bad. Bad tweets i cant handle it! Lol
America is pussy
Worst potus in US history BY FAR
Disagree.
Gawd he said they don’t have control of all branches bc they don’t have complete control of the Senate 🤦♂️ I really feel bad for low income people even though most of them were duped into voting for him
not all of us - them. I meant them
poor people vote for trump
CPI will be at 9.2%
Biden: nah, no need to pay those student loans back, just spend that money on other shit.
You clearly understand it all.
noob question here.. why is PTON actually moving up (after hrs)? There is like nothing positive coming out of that camp makes no sense.
Biden is shitting himself and painting the walls with it he has done nothing but shit on the people of this country. He needs to be removed but she would be worse. We have no hope we have fallen this far in two years imagine how far down we will be in two more.
Trump was far, far worse imo.
No, you idiots. There's now been a deflationary spiral. Prices of literally everything have dropped and GDP was negative in the first quarter. Inflation reading will be better tomorrow.
But…but… I thought this was a casino?
Used car prices are down , housing prices peaked now stagnant and not moving at the speed of light , gas prices will decrease at the end of the week , China lock downs should end this month and production will ramp up . A lot of indicators out that inflation peaked and can only go down from this point .
When China reopens oil goes to 130. Inflation is not peaking from China restarting their factories.
9.6 CPI if we live in a simulation
Went long today because retardless of the number, the market will rally for the next week or two (technicals playing out with the catalyst). Then switching to puts before GDP is released to remind everyone how fucked we all are.
God damn will he stop his proxy wars now
What was the cpi last April, just for the month? I think it was 0.6%, just remember this won't be included in tomorrow's number, so if the monthly increase is less than 0.6% the YoY number will look like its going down. Or maybe its last march... anyways... you get what I'm saying.
IT contracting may be slowing down. Just talked to 2 guys in different parts of the state and their desktop support contracts were ending this month.
Agreed over 8%
What’s the consensus estimate?
It's a good thing that he wants to spend more money on paying off people's student loans too.
Big pop then drop.
CPI numbers are cooked, no way they let this hit 9%
If that's what his speech was about, he did the most piss poor job of easing fears and calming markets of any president in my lifetime and that includes Dubya. Biden came into this job talking about bipartisanship and working together, now he's all about politics as usual...throw mud at the opposing team and play the blame game. He keeps blaming Putin for fuel prices when one of his first moves in office was to put the kibosh on the Keystone pipeline. Sorry Joe, I'm not an ignoramus like you must think we all are. Your cute little "Putin's Price Hike" catchphrase just sounds idiotic to me.
Please tell me how I can lose money on this analysis.
I have puts, so probably that’s wins
Rally with good cpi. Rally with bad cpi.
Is there some way for the people to throw Biden out of office for gross incompetence? Just put Elon there already and take us to the moon
LOL
They say the PPI is a leading indicator and it's been higher than CPI the last few times. I'll guess over 9.
8.9, or 9.2% yup. That bad.
The current economy and inflation is very reminiscent of when Jimmy Carter was president. Inflation was crazy! Mortgage rates were crazy! Fuel rationing at the gas station. He was a one term president because of the "Misery Index". I don't think Biden will be elected again but, frankly, we need some younger leaders. Not Biden, not Trump, not Bernie, not anyone else ancient.
Who’s to say the numbers themselves aren’t manipulated? Cmon guys, if I’m trying to stay in power, I’d sure as hell manipulate the actual CPI for example as being slightly less than it is in actuality. Why? Stock market relief (benefits my ultra-rich donors), belief that our monetary system works (hint: it doesn’t), and to keep the status-quo at all costs. Lets face it ladies and gents, information can be hidden in plain sight due to short attention spans. A well-educated public changes nothing; if an individual or conglomerate controls the narrative, they control the public. It’s a consolidation of power and nothing but brute force can stop it. You don’t take complete control in one fell swoop, you take it slowly, like a rapidly contagious but “harmless” virus until it mutates into an unstoppable force once it has reached enough hosts.
It will be the opposite - 1, I have PUTS 2, this guy is not good at his job. He may have read it wrong
The real inflation is much higher anyway. I used to buy bottled water for 0.99c a gallon, now it's 1.19c - 20% increase already.
Whoa you have money to go to the bank?
What makes you think Biden knows the number before it is released to the public?
6.5
Imagine it clocking in at 10%! double digits baby!
It’s not real
9.69 tomorrow
Used car prices are down on April
Market will rally hard purely because it makes no sense.
420%
If it prints higher tomorrow than last month, they’ll say “it’s the peak”. And then actively start working on revisions as to how it’s calculated like they did back in 1980, when shit got out of hand.
It was the peak at 6.5 lol
BUT NO MEAN TWEETZ!!
Biden only talked today to prepare for the buttfuxking tomorrow
His speech was barely about inflation.
Can we impeach Biden for inflation?
CPI will actually be down mostly because April 2021 was much higher than March 2021. It's comparing the increase from last year more than the increase from month to month. Biden addresses it early to scare everyone though. Pump tomorrow wrecks everyone then bull trap dump wrecks everyone again. It's going to be a shit show.
This is why I rarely use Reddit. They removed so many posts for absolutely no valid reason. Great idea but it's failing miserably with their censorship.
America is crumbling and I’m here for it, it’s gonna be a better shit show than it already is
Think its a coincidence that we give hundreds of billions of dollars to Ukraine and markets start to drop? HEY GUYS REMEBER WHEN CONSPIRACY THEORIES ABOUT THE STOCK MARKET WERE ACTUALLY JUST THEORIES?! Not with this guy as president. Government has been showing its hand on numerous occasions.
What’s causes recessions are but recessions can be a good thing in the long run. They clear out bad companies and give other people the opportunity to buy at a discount. I really want tech to crash and burn like a mother fucker so my TECS will print hard!!!
Bmo refuses to honor certified bank drafts without holding for TEN days. Beat that fuckery.
At least 18%
lol
9.5 oy … based on local samples.
Fucking duh
10%
Best to just assume the worse at this point
Thanks for the guess based off of someone who doesn’t know where he is half the time being late, dumbass.
It’s going to be 9.
Will the Fed surprise us if it’s that high tomorrow?
Anything under 8.1 im thinking slight rally if it above 8.5 📉
8.69 followed by moonage moas and several face rippers merica
Everything is fine! That's why we're sending our surplus $80+ billion dollars to Ukraine 🇺🇦
Lmao, their estimates are under 8.0 and not a single god damn thing has gotten cheaper. They’re LITERALLY faking numbers to prevent a huge sell off because they can’t have Sleepy Joe look bad since midterms are close.