Replies to post #379776 on SPDR S&P 500 (SPY)

[a8373501]

SPY 479 please

[imiloa]

after several days of steep runs
and high-amplitude oscillations,
a day of consolidation could def happen.

i think much depends on the PPI in 40 min
and how the world wakes up to the overnight news
that houthi attacks on shipping lanes
are already having impacts on global supply chains
being that bugaboo of peak-covid economic struggles
which seeded widespread psyche trauma on the world.
(remember that time many people ran out of toilet paper?
yeah, that was fun...)

eg: i'll be watching TSLA puts this morning:

[[ Tesla pauses German production after Red Sea shipping attacks ]]
https://www.theguardian.com/technology/2024/jan/12/tesla-pauses-german-production-because-of-red-sea-shipping-attacks

that said, copying from prior msg:
it seems evident
from decades of empirical data
that, in modern algobot markets,
news is irrelevant
unless the exchange is cracked
or burning down.

thus, SPY 500, baby!
because they can.
and they will.
and they don't stop...