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So enjoying the CNBC pumps and halftime chumps all squirming in their chairs, as all their pumps get ripped apart, and the market chasers now market chasebag holders.
US Inflation ticked higher last month, reversing some recent progress
By Elisabeth Buchwald, CNN
1 minute read
Updated 8:50 AM EDT, Fri March 29, 2024
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A customer pumps gas at a gas station in Hercules, California, US, on Thursday, March 14, 2024.
David Paul Morris/Bloomberg/Getty Images
New YorkCNN —
The latest US inflation report was a mixed bag for the Federal Reserve.
The central bank’s preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months that ended in February, a faster pace than January’s 2.4% rise in prices.
The Commerce Department data released Friday means the Fed is even further from achieving its goal of 2% inflation.
Central bankers will likely take some solace in the core PCE index that excludes energy and food. That index slowed slightly to 2.8% from the 2.9% annual rate seen in January. And, on a monthly basis, it slowed to 0.3% from 0.5% in January.
Another bright spot was the 0.3% overall monthly pace of price increases, a slight drop from 0.4% in January.
This story is developing and will be updated
PCE inflation report: Key measure ticks higher for first time since September
?Paul Davidson
USA TODAY
0:23
0:39
An annual inflation measure watched closely by the Federal Reserve crept higher in February, its first rise in five months and a sign the central bank could remain wary about cutting interest rates too soon.
An underlying gauge of price gains dipped but stayed elevated. And household spending surged more than expected, a development that could keep inflation higher for longer.
Fed Chair Jerome Powell said last week the central bank would not overreact to disappointing inflation numbers so far this year, at least partly calming any jitters that could be set off by Friday’s report.
Consumer prices overall increased 2.5% from a year earlier, above the 2.4% rise in January but well below the 40-year high of 7% in June 2022, according to the the Commerce Department’s personal consumption expenditures (PCE) index. It marks the first time annual PCE inflation accelerated since September.
On a monthly basis, prices increased 0.3%, down from a 0.4% jump the prior month, the PCE index shows. Both advances marked a notable pickup from a cooling trend late last year.
They are your typical pipe dream company that lived in their wannabe big shots world, until they ran out of money to keep the fantasy going, and then turned into a bunch dirtbags, and just thought to themselves why not just use our share holders to fund ourselves with toxic slob dilution,so we can keep the big shot pipe dream going, we'll they got black listed as toxic trash diluters by many investors,and many walked away, and their stock keeps getting trashed with the lower grind downs, with every now and then fake BS run up, that all just fail at lower levels each time, I dumped the vet trash last week, they can go and F-T-S .
Looks like it could be heading for a $5.00 test today or tomorrow morning,could be real foolish selling $5.00 puts at $0.05,if it does test $5.00.
No Dimonds in the sky, just a toxic trash pump AH's
You are just one big duh of a person, who talks in riddles of lacking detail.
Don't know what charts you are looking at, but price is no where near the 200 ema + sma, or the 50 ema + sma on the daily charts, the price it needs to stay above and not close below is $5.64 the four hour 100 ema,and close below that would be a big negative for further downside to the low $5.00's test.
The longer term charts are showing a way over extended and over exhausted pattern, with indications of the need for reversal in a big way,at this point any run ups are most likely algo machines running trick bull trap programs, to sucker in buyers to unload their way over pumped positions.
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It reeks, and has that smell about it, and is what so many small caps do after a big pump up on a lot of retail enthusiasm,they turnaround a screw over everyone with some big below the market cut throat offering, that only benefits them, not sure what their cash reserves are, or how much they burn through each quarter, the last earnings report was I think around $0.07 a share loss, insiders have been selling in the past week,and more news of that today, so the risk of an offering could be outthere.
Basically a drop in the bucket for them, and away for them to have some kind of interest in another small start up, just in case they become something bigger down the road.
Jackass fool options MM and other fools selling $6.50 puts at $0.10, wonder what the morons are going to do if the stock gaps down to $6.00 tomorrow morning, buy them back three times higher is what they will be forced to do at a big loss.
Perhaps yesterday's down grade to sell might be off that they got wind of maybe an offering coming,that might get priced at their PT below $5.00,if that turns out to be the case,the sellers of $6.50 puts at $0.05 will look like total fools.
Could be a possibility of that kind of a day.
Red alert CNBC just now professor Jeremy Siegal the long term pumper, warns that he believes the Fed will most likely be more hawkish today, and doesn't think the market is prepared for it today, and thinks the Feds dot plots could probably get reduced to two dot plots from three, and that could be a big negative for the short term current market situation, and at its current higher levels considered by many as way over valuations, the bottom line after the past few algo machines led pumped up days, there is plenty to give back at the current levels, and would be beyond foolishness chasing any run up in today's market going into today's Fed meeting, with the big risk of a whipsaw drop down in an unprepared market off of more hawkish pause by the Fed today.
The bounce off the lows has an artificial look about it, with some major manipulators showing huge buy order size of one million shares at $7.60 all day, if it was to roll over again and test that big bid again and that major manipulator disappeares from that bid,then a real selloff could take place,and wash out today's pump chasers in a flash.
Not sure, but the manipulators on the $6.50 puts are probably being total fools selling them at $0.15,especially if it breaks below $7.00 today.
Squeak box Jimmy pumpboy Cramer-numb-nuts,out pumping $NVDA, why is that, because the pumping punk knows if $ NVDA can't keep its pump on going, the market is done for,and will roll over and fall,just like how it's indicating what's setting up for the big heavy weight stock right no, and looks like what's coming.
The pump boys and their machines will have their little fun until then, and then run and hide under their machines of manipulation, afraid that JP's Fed will throw hawkish mud in their faces with no cuts until fall kind of vibe, then they will no the way over inflated pumped up market will have to be deflated.
A buy out is just about the only thing that would save these guys from their moronic behavior,their out right stupidity has made it worth less then a truck load of milk bones, which is just about what the management has between their ears.
Looks like you lost your $513.00 at 1:30pm bet, and calls are printing red,
It's extremely hard to fight against an armored tank controled by AI corrupt programs, when you just have sticks and stones, but if they decide to back out of the battle zone to refuel, that could be enough to retake lost ground.
It will all come down to if the manipulators in charge of the majority of the manipulation balances, decide to let it go,because their all well hedge to profit more from it, then playing volleyball with each other, knowing all of the bought the top last of the all in crew, are now on pins and needles,and will stop out easy,and the crooks profits levels will be higher, and pull a bouncey manipulation next week after getting a 5% market pullback, and then claim its over sold, the $504.00 is where the 100 EMA is resting on the 4 hour chart,with the market now dipping up and below the 55 EMA on the same 4 hour chart, with a close below the 55 ema could be a setup for a test area around the 100 ema.
The hard rock crystal tokers are high on that the market manipulators will keep pushing the Crack so they can all keep getting high, and keep the market stoned high.
If SPY $508.50 breaks and doesn't recover then SPY $504.00 could be in the cards for Monday morning
$VIX pumping higher, big boys hedging, in a sign they fear further market declines.
Testing and probing and testing to see if their machines can sucker in wanta be bounce chasers show up, on the 30m seven day possible triple bottom level, that if that level,where it is right now doesn't hold, this market will be heading into a more negative red down trend into the close,and early next week, so go ahead and play Russian roulette with the corrupt machines, bounce play chasers, the odd are most likely you will have the bullet in the chamber when the hammer goes down.
One corrupt algo programed machine contacted its counterpart across the street on Wall St and message we don't have any of the usual uptick chasers today, we are programed for grind down for most of the day, and just broke it below pivot point S2 on the 5m chart,and are now programed for a further grind down.
Uptick chasers no different then barnyard livestock following a carrot straight into the slaughter house.
Machines algo fake pump alert just out,warning the public of the Machines fake uptick to sucker in chasers so they pump their algos and short higher levels and profit more from it, when the next level rug pull switch gets turned back on, and burn the machine chasing suckers.
Like I was saying earlier that they pulled a typical BS load the bid box with higher uptick bid pumps to scare the shorts out after 1:00pm in a total BS manipulation pump,so the criminal scm bags could screw up puts & shorts and be able to sell calls higher and not have to buy them back as the market dumped to new day lows, what a criminal enterprise they run, that Al Capone would cry his eyes out about,and would probably say how does one group of business control so much and get away with legal corruption and theft of the public and the government backs them,
The algo machines started their campaign of bid stuffing the box of $SPY at 1:30 pm in a campaign of all out manipulation of price and options contracts and screwing over both sides of the trade, to skim and scam in their wave movements to benefit them the most,with the machines set for another reversal in the opposit direction once they skimmed and scammed all profits possible into their pockets,and then leave the field of play,and chasers holding the ball bag.
OTC traders are either small amount fliptards, or just your basic clueless tard.
Num nuts sellers of the $10.00 call strikes at $0.10, watch it keep running to over $9.00 before this week ends,and the fool sellers become chasers.
There would be no surprise there, that's for sure,leaked out to the certain individuals in government, who then leak it out to their certain contacts on their list of beneficial friends,off one hand washers the other, or its just the typical algo machines of manipulation playing poker.
They are total scm bag trash, they would sell their mothers and their wives and children, to keep their over bloaded pay checks to keep coming in. When they should be cut in half off of their piss poor management performance.
Uh da it's going up let's be a total moron and block on the offer like a fool would, that is unless you are a short position manipulator.
Want to thank every scared tard who sold to me in yesterday's after hours at below $ 4.65, you guys are the best.
As usual the Wall Street criminals came to its rescue, to save their asses on all of their pumped out of control BS, you can bet that was the news that took away today's market pump job
Its funny how the CNBC halftime pump hour crew, all came out defending the breaking down at the core $AAPL,because the freaking out pumpbags all know a further breakdown of the big apple,will make so many of their other pumps to also fall off the apple tree and smack hard into the ground,and start rotting away,they were all drooling all over each other, to save the apple from further rotting.