PPI higher than expected as I predicted, but RTY went oversold and bounced anyways. Pretty much what I expected. Right idea, wrong stock, lost a little on my BITO puts but I got into PCAR stock while it was red this morning. That's all I'm willing to do, PCAR still has an open gap above as does all of the index futures. No options trading because teh market could just go sideways.
A bit surprised and hugely disappointed shitcoin didn't tank with the inflation numbers.
A bit surprised and hugely disappointed shitcoin didn't tank with the inflation numbers.
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LOL, got stopped out on PCAR already for a small gain. Staying cash over the weekend. Good luck. Just not a good market to trade right now.
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SPX looks like it's forming an intraday pennant. No point in trading this mess, wait until next week.
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WHipsaw day. Probably more of the same Monday