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Tomorrow’s CPI Report: How Can it NOT Look “Better than Expected?”

Posted on 8/9/22 at 12:46 pm
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 8/9/22 at 12:46 pm
It’s political season gents.

The lies and propaganda are only heating up.

“Inflation REDUCTION Act” lol

Do you REALLY think they want to be portrayed as liars tomorrow?

Way too much on the line for them.

Buy this weakness today.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/9/22 at 12:53 pm to
Oh boy must be a red day Hussss has entered the chat.
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 8/9/22 at 1:13 pm to
Thanks again for making me a legend around here. It’s quite flattering actually

ETA: Hussss is short term bullish. When they “find” fresh cash for these markets with these BS laws and bills they pass, markets go up. ‘CHIPS’ bill to subsidize tech. Check the timeline: Markets only started the descent when “Build Back Better” couldn’t pass.

These “markets” are fully subsidized. Full stop.
This post was edited on 8/9/22 at 1:56 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/9/22 at 1:39 pm to
What you buying Hussss?
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 8/9/22 at 1:46 pm to
20k shares of WEBR

Earnings Monday morning 8/15. Almost 50% short and if they can’t sell grills in April, May & June then I deserve to lose my arse.

I only want the short covering into the report so I plan on selling late week.

$6.77 cost basis. Let’s ride.
Posted by el Gaucho
He/They
Member since Dec 2010
58529 posts
Posted on 8/9/22 at 5:39 pm to
I’m so ready for them to open up the fema camp
Posted by MDB
Baton Rouge
Member since Nov 2019
3658 posts
Posted on 8/9/22 at 8:55 pm to
You can bet it’s going to look better because the CPI is largely used to determine the annual Cost Of Living Adjustment (COLA) and the govt probably can’t afford a predicted 10+ percent raise for SSI and disability recipients.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21082 posts
Posted on 8/9/22 at 9:05 pm to
WEBR? 20k shares ?

Holy consumer discretionary Batman !
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/10/22 at 7:47 am to
Hussss is a bull now boys!!Pulling some of that cash out of the mattress.
This post was edited on 8/10/22 at 7:49 am
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/10/22 at 8:00 am to
quote:

Hussss is a bull now boys!!


frick...market is going to drop 20% over the next 12 months
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 8/10/22 at 8:17 am to
Of course it will. We have reached peak bullshite.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/10/22 at 8:41 am to
quote:

frick...market is going to drop 20% over the next 12 months


But what if it is up 20% when it drops 20%?
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/10/22 at 8:46 am to
Great...now I'm getting mixed signals in my indicators and I don't know what to do.



Good thing I've got all the fuel saved from last year when Husss predicted they was going to be some sort of world-ending calamity.

I wonder whatever happened with that...I'm sure there's a very good and logical reason for that event not happening.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/10/22 at 8:53 am to
quote:

Good thing I've got all the fuel saved from last year when Husss predicted they was going to be some sort of world-ending calamity.

I wonder whatever happened with that...I'm sure there's a very good and logical reason for that event not happening.


Easy on that old bear. The Great Reset could happen any day now. I do hesitate on buying now though because i have been expecting a small dip and have been buying for last few months. Need to keep at least 10% cash just in case a good buying opportunity does come along.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57985 posts
Posted on 8/10/22 at 11:04 am to
quote:

I’m so ready for them to open up the fema camp


Coming soon to some La State Parks (no, not a joke).
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21082 posts
Posted on 8/10/22 at 8:23 pm to
quote:

Hussss is a bull now boys


Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 8/10/22 at 9:52 pm to
quote:

20k shares of WEBR

I only want the short covering into the report so I plan on selling late week.

$6.77 cost basis. Let’s ride.




There’s been more degenerate gambling going on in here this week than at Caesars Palace on payday.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/11/22 at 8:48 pm to
quote:

There’s been more degenerate gambling going on in here this week than at Caesars Palace on payday.

And i believe the house has won every time.
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