Thread: Epic's Account Talk

Coming down the pike....... (I'm trying to think ahead here)
Inflation Report Jan. 12th / 8:30 am.
Link >>> https://www.bls.gov/schedule/news_release/cpi.htm
What will the reaction be?? GOOD / BAD ?

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C'mon C-Fund !!!! Just hang on for 15 more minutes. You can do it !!!! Just close above the open. Hang in there !!!

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​FAILED....

But not by much!

Okay, so...... new day & fresh start.
Futures as of 8:30 am. They were worse at 7, so there's hope for the day.
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C and I remain embedded to the Upside and the Vix remains embedded to the Downside, so I'll stay with 100% C for now.
I'll be super vigilant when those inflation numbers come out on the 12th, and also when options expiration happens. I think that's around the 19th. Someone please correct me if I'm wrong on that. I just remember we used to take a dip when that occurred mid month pretty regular there for a while. Might be a good thing to sidestep.

Almost forgot to mention that Powell speaks at FOMC Press Conference today at 2:30 pm (ET). Just something else to keep an eye on for the Market reaction. Who knows ......

Holy bloodbath Batman .........

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Okay, so yesterday sucked. There's no nice way to put it. Never saw that coming, but it is what it is. I simply find it annoying to say the least that this guy can just open his pie hole and the market tanks.
Anyway, so we lost the embedded reading on C Fund, but on the brighter side of things the numbers are showing that more people are getting back into the workforce so we should have strong numbers with the Jobs Report coming out on Friday. If we DO have strong numbers on Friday, we'll see if that offsets some of yesterdays selloff. For that reason, I'm gonna stick with C-Fund for now. Maybe a V shaped recovery from this?? Who knows. I'm an optimist.

Just FYI ......
From yesterday:
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From just now:
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Whelp, Jobs numbers weren't that great. Not "Horrible", but not anything that would negate the sell-off caused by Powell running his mouth. Disappointing to say the least.