Broken Clock
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I don't think we will go up as much but we will see still significantly higher prices than now
What is tricky is are just going to do nothing until the fed meeting or are we going to pump and then dump
(All of this assume I am correct on the fed not raising rates)
It's actually more of a this week question because regardless of what happens next week the path between cpi release and fomc will depend on CPI number
The market should rip if the number comes in line or cold and dump otherwise
Data says hike
Read the room say hold
If u wanted a real update on oil
For my usage this will improve performance a lot more than having smarter models
Why is Ant on hyperliquid exploding higher
Also my impression so far
Good trade but sized too small
if 29780ish in NQ gets taken down I think we have a strong rally ensuing, but yes given current uncertainty might not be done until we get clarity on rates through CPI
Doesn't help that oil above 92$, from here things can accelerate to the upside rather violently
Not so surprisingly a bit before mid terms and Xi visit in the US
Trump will be like: you need to cut exports and do X Y Z.
XI: ok I will do that and triple crude purchase sending a barrel at 150$ before mid october, deal?
Well put.
Same issues everywhere
I see it among my friends, europe and singapore wide, everyone in tech is doing well or very well, finance has always done well. Everyone else is struggling.
Broken Clock
Not so surprisingly a bit before mid terms and Xi visit in the US
This makes it less likely that they hike rather more though