SPDR S&P 500 (SPY)

[Lockman]

Sure looks like it does

[Doubledown75]

Yes maybe SPY is the new meme:)

[Canna_Business]

"The (SPY) finds itself at a potential downturn as it grapples with various challenges such as "mixed" PPI data. The recent uptick in the Consumer Price Index (CPI) has sent ripples of uncertainty through the investment community, signaling potential inflationary pressures that could hamper the ETF's performance. A further increase in CPI data could cause investors to sell and for cash as opposed to holding a declining security. Moreover, looming uncertainties surrounding corporate earnings add further complexity to the equation. As companies navigate the post-pandemic recovery, the trajectory of earnings remains uncertain. In such an environment, investors face the daunting task of managing risk while seeking returns. An investor must constantly ponder the thought of being "at the top" of a particular security at any given time. Holding onto SPY may expose portfolios to heightened volatility and downside risk, especially in the face of economic challenges. It's imperative for investors to stay vigilant and consider alternative strategies that offer more resilience in the current market conditions such as holding cash during uncertainties in the market to minimize risk."

https://tradingeconomics.com/calendar

[masterofdisaster]

Could see a break of 524 today

[DarkPool]

All gaps fill at some point!

[Staypositive1]

Tech is to strong....controls the world.

[ducci1]

Line in the sand---SPX 5212--yesterdays LOD!

[Doubledown75]

I think it was 220…… that was a long time ago lol
But yea you’re right 5.5% ffr doesn’t do anything. It’s way too low. Maybe if fed doubled it to 11% but shit would seriously break.

[ducci1]

Out 521P---.72-- buy sig SPX 5 min---10:10---watch for fade of same!

[DarkPool]

How fast do we fill the 285ish gap. Can’t remember exactly the number but it’s way down there somewhere lmao

[DarkPool]

lol until there’s a reset and they are deemed worthless in dollars. Much rather be in precious metals blockchain than equities.

[Staypositive1]

exactly....all has flipped what we're taught and what we all read.

[DarkPool]

Powell words

“We did not expect this to be a smooth road. But these [inflation readings] were higher than I think anybody expected,” Powell said in Amsterdam. “What that has told us is that we’ll need to be patient and let restrictive policy do its work.”

Well maybe I should run the Fed! Because I was aware inflation not coming down till you raise rates to teens. Fing idiot. Anyone with a brain knows inflation much higher. Guess that’s what you get when a lawyers running the Fed. Who’s his puppet masters?


Powell must be high on that Amsterdam Fire!

[nowwhat2]

Equities........= Nicest place to be when there is giant inflation ;


But wait a minute......
Didn't we all USED TO hear and were taught (in the Louis Ruckheyser days) that markets HATE rising rates and inflation ?

Yeah, well, not anymore - Nowadays they're LOVED !

[Staypositive1]

dow wants to play fundamentals off of home depot but, Nasdaq has other plans

[Staypositive1]

Tech will save us all....this is unreal.

[masterofdisaster]

Loading 521 calls

[Doubledown75]

Ffr should double if we get super high inflation……but you and I know it won’t. Planned destruction

[ducci1]

Heading back down to Da SPX 5 mi Red Line--SPX 78% Fib now in play at 5195!---Riding SPY 521P....58----SPX 15 min Red Line breaking down!--lets see if they can save it!

[huka]

Tons of small cap pump jobs yesterday, today, maybe into tomorrow
Looks like unloading before the next wave of dumping

[DarkPool]

Well Jerome so much for that soft landing. Lol you clowns print way to many dollars. Always leads to hyperinflation. Squeeze a max chart of the SPY. Mirror image of all countries that had hyperinflation. But of course no one is gonna tell you that. Big Picture.

[Staypositive1]

What a snooze fest....these last 3 days have been so uneventful.

[ducci1]

Best channel I see now----- QQQ 5 day mini rising ( 5 min) within context larger rising channel----it seems to be the boss at present!--Nice morning action if like to play the Pop & Drops!

[grasshoppah]

Exactamundo!

[$Green$]

Natty wants to go higher today

[Staypositive1]

I am impressed how the rotation from sell to hold to buy can be done by just watching one index dictate to the other ones. Bought a spy call watching the NAS just hold. up 67% in 10 minutes. ridiculous

[Beerworld]

BIG, SPWR, DKS BBY anything with large short positions

[ducci1]

SPY 521P--LOD--.43----HOD---1.10------VIX retaking 5 & 15 min Red Lines!-=Nice little Pop & Drop!!--SPX 5 min sell sig 7:25---CCI---$$ !!

[Doubledown75]

I think there is multiple but GME and AMC are the ultimate meme

[grasshoppah]

Was GME the only meme stock getting hit?? Usually that spreads out pretty quickly to other memes, heavily shorted issues, etc….

[Staypositive1]

I am always impressed how the system can rotate indexes. Keeps the VIX at bay.

[trendzone]

More hotter numbers out again this morning, JJ pump Fed Powell always bent over on his knees for his pumping Wall Street friends, the foolish comments out of his cake hole recently was all just a setup for his buddy's to pump away on nothing but BS, the inflation problems not under control, just trying to be controlled by BS coming off the tung of JP.

[huka]

I think spy continued upward another 80 points. Times are different now. Better according to the feds lol

[huka]

I couldn't get into my brokerage account for the first 2 hours today. You may have a valid point

[Doubledown75]

It’s funny
They say that having trouble filling orders or brokerages mysteriously shutdown. How can 1 stock screw with the entire market?? Much bigger problem brewing. GME isn’t the problem, providing liquidity is.

[Lockman]

SPY afterhours should be interesting

Guess we'll see how all those squeeze plays work out

[Lockman]

Did you catch the last drop
Sqqq trading really tight

[Doubledown75]

I always used that as an indicator, like VIX

[$Green$]

Natty is running

[ducci1]

Hi Chief --Played a sell sig at ES 5 min ---CCI back to Red line at the open thats all I'm seein---standing pat on SQQQ for now ----check your qqq-theres a nice daily 4 day channel (5 MIN)----inside a longer 2 week rising channel---check it out ----verry nice!---when vix starts rising we'll channel trade that sucker!--check your private messages!----I'll be watching for a reverse R3--(30--60--min)---witch will cap this rally!

[Lockman]

Ya, What happened, maybe a return to 520 70

[masterofdisaster]

The market dumped hard

[Lockman]

Hey Partner how's it going? See anything on SPY today? Looks a bit flat, maybe a bounce off521.23

[Lockman]

What happened? lol

[Zazaboy]

UCO was a good play, took profits.

[masterofdisaster]

Remember what happened to the overall market the last time GME squeezed?

[huka]

GameStop is the new Nvidia
Don't miss out on this gem
Always something to pump in this scam market

[ducci1]

Out 521P---.74 ! 3 Bagger!!!---Back to Da 5 min Red Lines---YAHOOOO!!

[ducci1]

In 521P---.26---Lets see?

[HARVARD LAW]

$SPY is not like stocks that you can just buy or short anytime you like. If you don’t have a system that tells you when to secure your entry and exit, you’re not different from a gambler. Join other traders in my room getting the right entry and exit on $SPY 3 times a week.
We took calls at $494. We sold out at $522.50. We are waiting for our system to trigger a short entry. Until then, we’ll continue to wait.
Check some of our room levels’ screenshots on Twitter @Stockspastor