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DaddyDersch OP t1_iyazvig wrote

Reply to comment by Unique_Mastodon5855 in 11-29-22 SPY/ ES Futures and Tesla Daily Market Analysis by DaddyDersch

i believe that speech is exactly what caused the last two days of red and has bumped the likelihood of a 75bps from 20% to about 34% as of close...

i agree that the markets are way too dovish... i am just waiting for the CPI that misses that sends us truly spiraling.

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Unique_Mastodon5855 t1_iyb059m wrote

Same, I don’t buy that inflation is done. Just like the market there are peaks and troughs for inflation. 2 barely good months doesn’t make a trend. I’m sticking with CPI strangles until I see a miss then I will go heavier puts.

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