ES Update

Well ECB meeting happened, market green. Looks like it can go further tomorrow on Ponzi Friday.

CPI numbers Tuesday, will look at buying puts on Monday.

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Strange day, market up big but almost half my board is red. Looks like they're pumping only a select group of stocks. Did a light play with calls to get my beer money back, lol.

Probably just another dip next week on inflation numbers. I think they pump the market by pumping AAPL back up.

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Made my beer money back and going all cash. Probably skipping tomorrow, but it is Ponzi Friday

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Well, I was right, Powell is an idiot. He's still talking about cutting rates. Expect the market to go parabolic, not gonna short anything. Might as well buy some shitcoin and hold it.

Never in my life has a Fed chair talked about cutting rates while markets are at an ATH.

www.cnbc.com/2024/03...-interest-rates.html