Ironically, neither candidate has any "authority" to promise power rates (not that their influence is totally irrelevant)....but it probably looks good for headlines and to uninformed voters. Now, what the candidates COULD do is, if elected, push ...

I was thinking the same thing. ......That John Denver's full of $***, man. (sorry, cannot ever resist a Dumb and Dumber quote) Seriously though: I thought the $600 in sales must have been a typo (like leaving off the "million")...but no, I think it ...

Yeah. I don't disagree with you (if I understand your meaning to be "he who attempts to dissect/infer/disseminate market sentiment is a sheep/lemming"). That said, while my trading practices do not rely upon it, I do like to attempt to understand ...

Technicals have been holding up though (at least intraday). For example, the /nqs are stalling right now at the daily resistance TL. The /rty is as well. The /es stalled exactly at the horizontal res from the consolidation period pre-market on 9/3. ...

In before "fake news" and "the world is collapsing despite a tiny uptick in consumer sentiment" comments.... All of this recent data is likely, as the FED has said, to be taken into the greater context, but NOT independently as a definitive trend ...

8 or 9% yikes. I mean, we have been there before, but this isn't Turkey. Can you help me understand your point about not having inflation under control when it (on paper) is meaningfully below the historical average? (Asking for a friend) FWIW, the ...

You better believe the Republicans don't want the market to crash 50 over the next two years.....every one of them would be at risk in their confessional elections in 2026....I bet the Republicans would appreciate a pullback into late October though ...

The /Zqu4 contract (Sept fed fund rate future) hasn't changed much at all (2%) since before the PPI number though. Still only a 15-17% probability baked into the market of a 50bps cut. This means two things: 1) the "market" does NOT anticipate a ...

I am not so sure about a massive selloff (famous last words, right?). It can certainly happen, but have you looked at the VIX? That is about as big as an intra-day reversal gets in that instrument. If we ARE going to get a big pullback into the ...

You were saying?? I can't BELIEVE the swing today (on such insignificant initial CPI movement). Maybe someone can help me here because I am missing it. The move on CPI (prior to the open), okay, I got that...well within practical movements. The fed ...

The rhetoric is consistent with what has been said by most major economic banks for months and months: data will drive the timing and pace of the cuts. Cuts are now here. To avoid taking any options off the table, while not COMPLETELY spooking the ...

Agreed. Also, FWIW, I love the"trading from North Korea" location

The markets just cannot make up their mind on this cut thing and what it means.....consensus shifted to 50 bps this morning....markets rose. Then they shifted to 25bps, markets tanked. Now back to 50 bps in a big way....marketsgive up the small pop ...

Troll....or disconnected from reality Hotaggie. I can't tell. I'll go with the former just to be safe ....feel free to call me out for being wrong should you be right in a couple weeks. Though, if what you propose happens, I'll likely be in a ...

I would love for you to be right (and so would my account balance)....but............there just doesn't seem to be a bottom in (yet). No real technical reason to do so (which is what would be needed in the absolute absence of good fundamental data). ...

YouTube is typically a good start...sometimes they aren't filmed though: video

It certainly looks as though the equity markets aren't willing to pop through yesterday's close though (and the /nq has spent the past 30 minutes consolidating under a resistance TL). The open will be interesting in 10 minutes. Quick: everyone go ...

Remember, the shift to a 50 bps cut is the knee-jerk reaction to the data (like 85% expectation that popped back in August). If the markets really bake in 50 after next week's #s, then look out if only a 25 comes. Until then, I kind of treat these ...

I haven't read the full report to understand the numbers, but could that have something to do with the fact that kids who held summer jobs (16-21) are going back to school starting in August? They'd show up as fewer workers but NOT on the ...

Oh, wow, those just updated then.....5 minutes ago it was 35% (after the number), down from 40% yesterday. I guess I have to do my own math off the /zq from now on.