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VisualMod t1_je6ek3l wrote

>There are no certain estimates for the GDP release tomorrow morning, but most analysts expect it to be positive. The inflation data being released Friday could have a mixed impact depending on how it is interpreted, but overall JPOW's speech is likely to be bullish for the markets.

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jamisonf1 t1_je6kksm wrote

God I hope for once it’s bearish because I dumped my life savings into puts today (I am fucked)

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gangix t1_je6ocfq wrote

Yeh I couldn't find why was it pumping today accept regarded retailers posting moon and rocket emojis. Also the volume was low just like it pumped on low volume before FOMC last week. I loaded puts yesterday but luckily bought ut some calls as an insurance so didn't loose much.

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grimkhor t1_je6q8d7 wrote

It is actually quite relevant for a few things in my opinion besides housing but this is just my personal opinion from now on. Houses are usually acquired with mortgages so a rise in pending sales means not only are houses still sold but liquidity is not drying up from banks for home loans. This might be an early sign that the bank issues are actually not the end of the world. It was also a huge discrepancy on top.

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VisualMod t1_je6u0ir wrote

#Submission Vote Removed This submission was voted spam. ##Reasons

Misuse of DD flair

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