Off-Topic Stock Market & Crypto Discussion

[mr.h]

Inflation reports this week….
I expect inflation to have risen fractionally. Nothing goes straight up or down.
I’m hoping Trump’s economic policies energize the stock market with deregulation and tax cuts….We’ll see.

 

[Tony4Canes]

 

[Tony4Canes]

 

[Tony4Canes]

Crazy

How many days until $100k

 

[Cmuri]

Tesla with the Elon rocketship. What a week.

 

[mr.h]

WEDNESDAY, NOVEMBER 13
9:30 AM
USD Consumer Price Index (MoM) (Oct)
0.2% 0.00 0.2% 0.2%
9:30 AM
USD Consumer Price Index (YoY) (Oct)
2.6% 0.00 2.6% 2.4%
9:30 AM
USD Consumer Price Index Core s.a (Oct)
321.67 - - 320.76
9:30 AM
USD Consumer Price Index ex Food & Energy (MoM) (Oct)
0.3% 0.00 0.3% 0.3%
9:30 AM
USD Consumer Price Index ex Food & Energy (YoY) (Oct)
3.3% 0.00 3.3% 3.3%
9:30 AM
USD Consumer Price Index n.s.a (MoM) (Oct)
315.664 0.24 315.59 315.301

The latest data from the Bureau of Labor Statistics released Wednesday morning showed that the Consumer Price Index (CPI) increased 2.6% over the prior year in October, a slight uptick from September's 2.4% annual gain in prices. The yearly increase matched economist expectations.

The index rose 0.2% over the previous month, matching the increase seen in September and also on par with economist estimates.

 

[JD08]

 

[mr.h]

Amazon hits record high launching a discount focused e-commerce service ..

 

[TheEye]

Soon

 

[mr.h]

9:30 AM
USD Continuing Jobless Claims (Nov 1) TRADE NOW
1.873M -0.35 1.88M 1.884M
9:30 AM
USD Initial Jobless Claims (Nov 8) TRADE NOW
217K -0.35 223K 221K
9:30 AM
USD Initial Jobless Claims 4-week average (Nov 8)
221K - - 227.25K
9:30 AM
USD Producer Price Index (MoM) (Oct)
0.2% 0.00 0.2% 0.1%
9:30 AM
USD Producer Price Index (YoY) (Oct) TRADE NOW
2.4% 0.46 2.3% 1.8%
9:30 AM
USD Producer Price Index ex Food & Energy (MoM) (Oct)
0.3% 0.00 0.3% 0.2%
9:30 AM
USD Producer Price Index ex Food & Energy (YoY) (Oct) TRADE NOW
3.1% 0.37 3% 2.8%

Jobless claims down
PPI a monthly as expected
YoY up
PPI ex food and energy monthly as expected
YoY up
Basically commodity inflation up fractionally. All up from last month.

 

[mr.h]

9:30 AM
USD NY Empire State Manufacturing Index (Nov) TRADE NOW
31.2 3.38 -0.7 -11.9
9:30 AM
USD Retail Sales (MoM) (Oct) TRADE NOW
0.4% 0.35 0.3% 0.8%
9:30 AM
USD Retail Sales Control Group (Oct)
-0.1% - - 1.2%
9:30 AM
USD Retail Sales ex Autos (MoM) (Oct) TRADE NOW
0.1% -0.74 0.3% 0.5
USD Export Price Index (MoM) (Oct) TRADE NOW
0.8% 1.83 -0.1% -0.7%
9:30 AM
USD Export Price Index (YoY) (Oct)
-0.1% - - -2.1%
9:30 AM
USD Import Price Index (MoM) (Oct) TRADE NOW
0.3% 1.73 -0.1% -0.4%
9:30 AM
USD Import Price Index (YoY) (Oct)
0.8% - - -0.1%

Empire manufacturing at highest level since 2021***
Retail sales MoM up
Retail sails MoM ex autos down
Import / export prices higher
Powell..inflation down from peak, strong jobs, strong economy. Not in a rush to cut rates, but rates need to come down. Still wants rates down to 2%?

 

[TheEye]

 

[Tony4Canes]

 

[SpikeUM]

He's been pretty worthless, so thats a positive.

 

[mr.h]

A lot of uncertainties with Powell’s talk about rate cuts, Trump’s economic policies and some of Trump’s political picks…..jmo