Investing General Discussion

Big Phoenix

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
47,678
102,891
VagueAshamedIndusriverdolphin-size_restricted.gif
 
  • 2Worf
Reactions: 1 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,921
132,129
It was really funny looking at the futures (which are delayed 10 minutes) being up 60 basis points while the stocks (in real time) were nothing but a sea of red. Then at 8:40am the futures get insta-gibbed.
 
  • 1Like
Reactions: 1 user
C

Creslin

Trakanon Raider
2,508
1,153
I wonder how far we fall from this. Back to the June lows? Earnings season going to be a bloodbath too I bet
 
Jysin

Jysin

Bronze Baronet of the Realm
6,845
5,021
SPY currently at 377-378.. Considering the low yesterday was 380ish, we really aren't that far down all things considered.
 
Jysin

Jysin

Bronze Baronet of the Realm
6,845
5,021
Canada just raised 100bp. Was expected 75bp.

Imagine our Fed needs to follow suit (at a minimum).
 
Zog

Zog

Blackwing Lair Raider
1,817
2,343
Last bad PPI sent the market into freefall. Of course, next months reports will show improving numbers over this report and it's like we are in a space time loop back when the narrative was "this is the peak".
 
  • 1Like
Reactions: 1 user
Jysin

Jysin

Bronze Baronet of the Realm
6,845
5,021
This is providing some relief.

10:30 *(US) DOE CRUDE: +3.3M V -1ME; GASOLINE: +5.8M V -1ME; DISTILLATE: +2.7M V +1ME
- Utilization: 94.9% v 94.8%e
- Distillate demand -1.0M bpd at 3.4M bpd
- Gasoline demand -1.4M bpd at 8.1M bpd
 
You must log in or register to reply here.