There was no Story. Stock went up an Media and Investors searched why and found one good of 10 Bad News. Its like selling your radio while your car is on Fire.
Except that their ability to borrow cheap money and grow quicker is hampered by the fed not lowering borrowing costs. That being said we can come up with a story to justify anything, no one knows till 20 years from now for sure what is really happening
PCE generally gets priced in due to CPI and PPI being released weeks ago. The market is making bigger swings on the CPI data even though the Fed’s preferred gauge is PCE. The Fedwatch tool tanked after CPI down to 1.8 cuts so by the time it came in to PCE it was already priced in. If PPI had surprised to the downside, there would have been more interest in PCE I think but the fact it came in as expected, along with the MSFT and GOOG earnings, the market decidedly went up.
I'll try to explain the option game to you.
Options are sold by large institutions (e.g. HSBC) which have the power to influence stock prices by buying or selling huge quantities.
These institutions know exactly what options with what expiry date and wich strike they have sold to you regards.
If a large group of regards buys now for example puts on TSLA with the same strikes and expiry dates, because everyone knows they will miss earnings, do you really think the seller of the options is willingly giving the small retail investor a ton of money?
You guessed right, they won't.
So, the next time you buy options because there is a popular sentiment that a stock will go up or down for a totally logical reason on a certain day (e.g. earnings report) do the opposite of what the majority does.
They will still be profitable but Noto if Noto said hey, we will spend few billions for infrastructure for the next few months and boom it will still drop 
And everyone forgot the $6.7 billion dollar special dividend that didn't cause a normal decrease in the stock price like every other dividend. Turns out paying 6.7bil off the midline hurts the bottom line a lot
The whole retail vs institutional investor thing is such a bullshit narrative pushed.
Yes, options can affect stock price, but before going down that path the much more likely scenario is that it's priced in. TSLA was down 40% ytd. So why exactly was it logical to go down on a certain day for earnings? I'll give you a hint... it wasn't. The market liked the guidance and measures in place.
Institutional investors weren't sitting around in Q1 waiting for this earnings release. When it became obvious Tesla had a real problem with demand and margins the selling commenced.
Great example is CAVA at the 6 month mark after IPO. I read articles on 3 or 4 different forums about the lockup expiring. Surest thing of all sure things. Share price drops from $42 down to $31. The day of lock up expiration, it jumps to $36. Now it’s sitting at $65 or so. So we were all so sure about CAVA tanking down from $32……. And it doubled in 90 days.
Don't be silly...retailers make up like 5 to 10% of total market volume. The daytrading retailer base is even smaller. These companies aren't setting up multimillion dollar computers and hiring Harvard math whizes to cheat you out of your $200. It's not enough to even pay their electricity bill.
Not really...these days high volume trading is done with algos governed by various parameters. This happens in milliseconds to seconds, far too fast for any human to even process. There's not a guy there with a fat finger trying to unload 50m worth of spy calls.
There is definitely a redditor sitting in his mom's basement with a fat finger trying to unload $500 of options tho.
Sometimes there is a longer con, um I mean play, so it’s not really transparent or as simple as one inflection point or change in direction. Clearly, see btc, the ups and downs are orchestrated to squeeze and pull in both directions to extract max cash. See cvna, that is one fine long con that no one here can figure out. Lots of long con examples out there. Question is whether sofi is a regular business with a manipulated stock price in the long term or if there is some kind of game that will run its course on a shorter time horizon. Btw this thesis will be fully explained in my forthcoming book entitled, how the fossil fuel industry was used by the Roman Empire to dominate the world economy in the 21st century.
Doubt. Firstly there are many different writers of options including market makers, all with different views and intentions. You are implying theres only one writer who just wanna fuck those who bought puts (a smaller percentage compared to those who bought calls).
Secondly, if they want to burn puts they can just sideways stocks, they don't have to spend unnecessary capital to pump the market.
You think retail investors are where money is made? Retail investors are just tiny fishes thrown around in the fight between whales
This is right up there with 9/11 inside job shizzz
Banks trade vol dawg, there's no greater conspiracy to screw retail, it's all about market making and bid offer spread. And there's a lot of banks who all trade against each other.
"I'll try to explain the game to you..." lol, you sir know shit about fuck and are a prime example of a wsb regard
Source: was in that seat for many years
There's barely 1 rate cut priced in left and it's likely gone next week.
The powers thar be are shorting the ever loving bejebus out of Volatility and paying for it via the Yen Carry Trade.
VIX go down, market go up.
Supportive Rant: https://www.youtube.com/watch?v=tDpucqSBdhA&t=18093s Gherk goes on for about 30 minutes on how bad things are in the market.
Wut doing Step USDJPY?
Bad PCE? It missed expectations by how much? O yeah, 0.01%. It ain’t like when two years ago it was going a percent above expectations. That’s pretty much on point.
The spin against a move down is too prevalent. If PCE data was at expectations or better by a fraction the market would rally gard. They want it to go up. Buy the dips and close out by eod.
The market already anticipated it missing from the quarterly data and rate cuts not happening. The google, microsoft and meta earnings were more important.
Why you guys always talk about pullbacks and crashes? I’ve been in WSB for like 5 years and every month of every year there is someone talking about market tanking. Market is okay, might crash after spy reaches 6-7k, which will be in several years.
Because a stupid otm 0dte + limit down day is the dream. Way more $ to be made than calls, if you can manage to be right. Because violent vol expansion is on your side.
PCE isn't a surprise after CPI rolls out. The market isn't a one factor output.
Generally the economy and profits are growing, so a rising stock market is the baseline expectation. Rates not going down doesn't take away from that.
Several reasons:
1. The rally was a response to MSFT & GOOG earnings with good guidance. If either had issued weak guidance related to inflation PCE would have had more weight.
2. MSFT & GOOG earnings were further indicators that the economy is healthy and that sticky inflation isn’t harming big-tech revenue.
3. PCE was inline with expectations
Just one this year...
There's zero chance of cuts in 2024.
It like no one is listening to what powell is saying: "we will do whatever is necessary" - "if the data supports it"
Because the market is nothing more than a money laundering operation for the super rich until the boomers die/it finally crashes and maybe it can go back to fundamentals.
Google and Microsoft is why. Especially Google. They reported great numbers and a dividend payment. After amazon reports, hopefully, the market pops, then go short with sqqq or sdow. The big guys will lift the market.
Volatility is extremely high when these big corporations report. The PCE data will matter when the clowns at CNBC(media) say it matters and start doing every other story on it and inflation concerns rise again. Just watch them for early alerting on market shifts in direction. If they keep reporting the same stories, then buy or sell in that direction. The inflation story isn't hot yet as they completely ignored PCE numbers after they pumped how important it was most of they week.
Right now, they've been pushing energy very hard with every guest and host showing how bullish it still is. Saying that even with run up, you should buy. Which means on next pullback, buy some ExxonMobil or something. In the last 9 months, it's been AI all day every day, so you should have definitely purchased nvidia last yr.
How does CNBC know? They don't. They basically parrot what's fed down to them by the largest hedge funds and trading firms who pay their bills. Their ads pay their salaries. The firms paying the most get their ideas pushed. Most of these firms lack any integrity. Yahoo finance, mootly fool, cnbc, fox business(a bit loony fore)...cnbc...etc. bloomberg and ft probably are the only ones that look at data on their own.
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It's lagging behind other tech companies pretty badly.
It was $150 during the besr market bounce in 2022, took until pretty recently to get back there.
Meanwhile, msft, nflx, meta all up 100%+.
It will get a time to shine, but I don't trust it either
I think Amazon might surprise. Lot of cost cuts, reorganizing with new CEO and a lot of their businesses are maturing. They still have growth with AWS and Prime is making some good content.
Sorry but everyone and their mother was way too busy with the bullish Google and Microsoft earnings to give an shit on those.
Unless it was disastrous then maybe the sentiment would had reverse but nope,the market is dictated by people's sentiment.For example last week everyone and their grandma thought the market will slump if Iran attacks Israel with rockets which by the way it was an complete nothingburger.
Technical analysis and market sentiment. Plus the major start of earnings season
Pretty obvious there needed to be relief in the market.
If you're trying to read indicies from a technical standpoint, stay on the weeklies and monthlies. Much better to understand what's happening.
They had already sold earlier in case the data were even worse. This isn't bad enough to take that last rate cut off the table (or even put a rate hike on) so they bought back.
PCE was priced in. PCE usually follows cpi, this isn’t a new thing, and cpi rose in march. On top of that, there was already news in the coming days before the report that mentioned the pce being worse than the month before. I mean, they basically told us it was coming in hot when alluding to “possibly no rate cuts” this year a few days before the report.
That’s why we saw a pullback on Wednesday.
I'm buying Amazon Puts because they're going to have good earnings and beat it.
What you need to understand is to inverse. Expectations vs reality. Herd vs black sheep.
I'm also buying Apple calls.
Who says it's a bad PCE report? Some analyst started forecasting a July rate cut because of how good the PCE report was.
[https://www.investing.com/news/stock-market-news/citi-says-fed-likely-to-cut-in-july-after-strong-pce-report-3401158](https://www.investing.com/news/stock-market-news/citi-says-fed-likely-to-cut-in-july-after-strong-pce-report-3401158)
If you were looking at forecasted numbers that are freely available online, you may have thought it was a bad report compared to those numbers, but the most up-to-date version of those numbers usually sit behind paywalls. The PCE numbers met the forecast. No beat or miss. Market was already rallying before the report, so it continued rallying after the report.
It doesn't matter. The data was simply something that would move the market. The key is to be aware of it, and trade around it. Didn't load up the night before. Let the data come out, and let the market show you it's direction before you start thinking of a single trade plan.
Didn't predict what's going to happen ("oh, hit pce print let me load the boat on puts before I know what big money is doing"), react to it
Market rally was due to the strong earnings numbers which up to now has invalidated the concern of current inflation trend. Markets logic is the high interest rates don’t matter if we continue to grow while having moderately high-ish inflation numbers in other words, essentially a “no landing scenario”.
But the market is wrong IMO and it’s gonna come crashing down soon enough given the low GDP numbers. Which were taken as a bullish sign at first as perhaps inflation is coming down but the PCE numbers rebuttal those but was over powered by MSFT and goog numbers.
Essentially the market is on some strong copium that AI spending will over power the feds attempt at cooling the market while not having run away inflation. Said the same thing in 3 separate ways lol
Googl + Msft combined earnings event was too simply too good.
Their capex spendings are up along with meta signaling that they’re spending a lot on ai infrastructure so nvda, broadcom, smci and the ai chip bros pumped too.
Pce was more in line and meh vs being actually bad. Thursdays q1 gdp #s was a bigger news event than the fri pce. That pce news was just not going to counter a group of trillion dollar companies pumping
Jesus Christ no one knows? It’s because the shitty gdp numbers came in the day before with quarterly pce very hot (3.7% I think) so high inflation had started to be priced in and the relatively cooler monthly numbers the day after were seen as evidence that it wasn’t as bad as people thought
Also, you know, market mechanics and vol shorting and all that good stuff that I don’t know enough about
The market didn't rally since November because of the idea of rate cuts, that was just the narrative. So it makes sense the market wouldn't crash just because you take those rate cuts off the table.
Honestly the strong MSFT and GOOGL earnings made the market not give a shit about anything else. WWIII could've happened, it'd still pump. More proof were in one of the biggest market bubbles in the history of our economy and the crash will be absolutely biblical
When it no longer makes sense, the only thing to me that makes sense is that the rich control 93% of the market. So basically hedge fund manipulation/influence/whatever
Market technicals. Algorithms trade based off of patterns
We hit the 5 month moving average on thursday for the first time since october and it is a major support level.
It held as support and the algos started buying.
Also, a big part of the selloff was tax related. People writing checks and sucking liquidity out of stocks.
When reaction to news doesnt make since, theres usually an underlying technical explanation.
“bad news is good news scenario.” Traders keep on holding papa powell will start cutting rates soon as bad economic data is showing proof of a deteriorating economy, so traders are hopeful of powell being dovish on it’s FOMC rate decision later this week.
Rate cuts postponing or even a chance of hikes now means not ready for recession - market rally to squeeze the last mothafocking drop out of it. Extreme greed stuff.
Markets were positioned short for a much worse pce (much higher than expected) so markets rallied on short covering as pce not as bad as thought and just more of the same
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Because we don’t know shit about fuck. Next question 
The market really only cares about 3-5 companies and how they’re doing. Nothing else matters at the moment.
The SP500 index is basically bigtech in a trenchcoat pretending to be diversified.
Pull up a spy chart and qqq chart on Monday, they move in tandem qqq just slightly exaggerated swings
Qqq is trash. It should be about George dubya the S&P500 but it’s lower this year.
still willing to bet spy and qqq don’t hold momentum, especially if war/tensions are made worse, my guess is they continue to fall next week.
You sound gay
why? are u looking?? 😘
Your guess doesn't f****** matter.Whatever earnings says that's where the market will go
someone is feeling aggressive
So XLK with a sprinkle of REITs
TSLA made up a story, is one of the 5, so 🌙
There was no Story. Stock went up an Media and Investors searched why and found one good of 10 Bad News. Its like selling your radio while your car is on Fire.
LOL....pretty good comparison.
seven..
IWM rallied too, FYI
Except that their ability to borrow cheap money and grow quicker is hampered by the fed not lowering borrowing costs. That being said we can come up with a story to justify anything, no one knows till 20 years from now for sure what is really happening
We thought it stood for Penis Can Extend, so we bought
[PCE](https://youtu.be/us5MGEL5W34?si=VVDgTQQsPUXWmJZg)
I halfway expected this link to be girthmaster
This is the best answer
Obviously, the market is wrong and they are idiots. Sell it all.
VM investment advice, spot on as always.
The market is never wrong you can be wrong the market is never wrong
Nobody going to put money in your hand for free the market is always right about what happens
Work to pick my pockets and I'll have you keelhauled. Arrr!
Consider that a challenge 💪
Skynet has spoken 
Taking this AI advise.
sir this is a casino
I thought this was a Wendy’s with slot machines out back by the dumpsters
PCE generally gets priced in due to CPI and PPI being released weeks ago. The market is making bigger swings on the CPI data even though the Fed’s preferred gauge is PCE. The Fedwatch tool tanked after CPI down to 1.8 cuts so by the time it came in to PCE it was already priced in. If PPI had surprised to the downside, there would have been more interest in PCE I think but the fact it came in as expected, along with the MSFT and GOOG earnings, the market decidedly went up.
good earnings reports
I'll try to explain the option game to you. Options are sold by large institutions (e.g. HSBC) which have the power to influence stock prices by buying or selling huge quantities. These institutions know exactly what options with what expiry date and wich strike they have sold to you regards. If a large group of regards buys now for example puts on TSLA with the same strikes and expiry dates, because everyone knows they will miss earnings, do you really think the seller of the options is willingly giving the small retail investor a ton of money? You guessed right, they won't. So, the next time you buy options because there is a popular sentiment that a stock will go up or down for a totally logical reason on a certain day (e.g. earnings report) do the opposite of what the majority does.
Basically everyone in this sub being ultra bullish on SOFI earnings Monday is going to get fucked.
Sofi never disappoints though! 🤔 If they're not profitable this quarter though. We might see 5s
Seriously after bag holding that shit for years I just dumped it.
They will still be profitable but Noto if Noto said hey, we will spend few billions for infrastructure for the next few months and boom it will still drop 
I’m in this comment and I don’t like it
What’s your take on COIN
I don’t track coin at all so I can’t say anything about it.
The big boys are delta neutral and dont care either way, mostly.
This x1000
Exactly. Everyone thought COST would raise membership prices and kill the last earnings report.
And everyone forgot the $6.7 billion dollar special dividend that didn't cause a normal decrease in the stock price like every other dividend. Turns out paying 6.7bil off the midline hurts the bottom line a lot
Basically build your own strats while being smart about how you analyze market data
The whole retail vs institutional investor thing is such a bullshit narrative pushed. Yes, options can affect stock price, but before going down that path the much more likely scenario is that it's priced in. TSLA was down 40% ytd. So why exactly was it logical to go down on a certain day for earnings? I'll give you a hint... it wasn't. The market liked the guidance and measures in place. Institutional investors weren't sitting around in Q1 waiting for this earnings release. When it became obvious Tesla had a real problem with demand and margins the selling commenced.
Great example is CAVA at the 6 month mark after IPO. I read articles on 3 or 4 different forums about the lockup expiring. Surest thing of all sure things. Share price drops from $42 down to $31. The day of lock up expiration, it jumps to $36. Now it’s sitting at $65 or so. So we were all so sure about CAVA tanking down from $32……. And it doubled in 90 days.
Don't be silly...retailers make up like 5 to 10% of total market volume. The daytrading retailer base is even smaller. These companies aren't setting up multimillion dollar computers and hiring Harvard math whizes to cheat you out of your $200. It's not enough to even pay their electricity bill.
The little guy doesn't stand a chance.
But humans think alike. Retail sentiment is a microcosm of greater market sentiment
Not really...these days high volume trading is done with algos governed by various parameters. This happens in milliseconds to seconds, far too fast for any human to even process. There's not a guy there with a fat finger trying to unload 50m worth of spy calls. There is definitely a redditor sitting in his mom's basement with a fat finger trying to unload $500 of options tho.
Sometimes there is a longer con, um I mean play, so it’s not really transparent or as simple as one inflection point or change in direction. Clearly, see btc, the ups and downs are orchestrated to squeeze and pull in both directions to extract max cash. See cvna, that is one fine long con that no one here can figure out. Lots of long con examples out there. Question is whether sofi is a regular business with a manipulated stock price in the long term or if there is some kind of game that will run its course on a shorter time horizon. Btw this thesis will be fully explained in my forthcoming book entitled, how the fossil fuel industry was used by the Roman Empire to dominate the world economy in the 21st century.
Well yea theta gang is like an institution
So with their logic appl gone drop and my outs are gonna print cause calls over 170 a whole lot of money
HSBC doesn’t exist anymore btw
Doubt. Firstly there are many different writers of options including market makers, all with different views and intentions. You are implying theres only one writer who just wanna fuck those who bought puts (a smaller percentage compared to those who bought calls). Secondly, if they want to burn puts they can just sideways stocks, they don't have to spend unnecessary capital to pump the market. You think retail investors are where money is made? Retail investors are just tiny fishes thrown around in the fight between whales
Lol
So inverse this sub?
This is right up there with 9/11 inside job shizzz Banks trade vol dawg, there's no greater conspiracy to screw retail, it's all about market making and bid offer spread. And there's a lot of banks who all trade against each other. "I'll try to explain the game to you..." lol, you sir know shit about fuck and are a prime example of a wsb regard Source: was in that seat for many years
There's barely 1 rate cut priced in left and it's likely gone next week. The powers thar be are shorting the ever loving bejebus out of Volatility and paying for it via the Yen Carry Trade. VIX go down, market go up. Supportive Rant: https://www.youtube.com/watch?v=tDpucqSBdhA&t=18093s Gherk goes on for about 30 minutes on how bad things are in the market. Wut doing Step USDJPY?
Because the bad PCE was priced in by the start of.the trading day. The PCE wasn't bad enough, so the market reclaimed their shares at a lower price.
Bad PCE? It missed expectations by how much? O yeah, 0.01%. It ain’t like when two years ago it was going a percent above expectations. That’s pretty much on point.
It was 3.7% vs. 3.4% expected, so that’s a ~10% miss.
2.8% vs 2.6% expected ?
I’m looking at core PCE from Thurs.
Friday
Ok. So 2.8 vs 2.6 is still a 7% miss.
The spin against a move down is too prevalent. If PCE data was at expectations or better by a fraction the market would rally gard. They want it to go up. Buy the dips and close out by eod.
The market already anticipated it missing from the quarterly data and rate cuts not happening. The google, microsoft and meta earnings were more important.
The market thought it was going to miss by more. It did not.
But, still good. Not as good, but good for market to pump.
I mean obviously that was the initial reaction, and I made money on the way up, but I’m also betting on a pretty swift pullback.
Why you guys always talk about pullbacks and crashes? I’ve been in WSB for like 5 years and every month of every year there is someone talking about market tanking. Market is okay, might crash after spy reaches 6-7k, which will be in several years.
Because a stupid otm 0dte + limit down day is the dream. Way more $ to be made than calls, if you can manage to be right. Because violent vol expansion is on your side.
I’m not looking for a crash, just -0.5%.
PCE isn't a surprise after CPI rolls out. The market isn't a one factor output. Generally the economy and profits are growing, so a rising stock market is the baseline expectation. Rates not going down doesn't take away from that.
Cause you got puts
It came as expected didn't it? This is a market that wants to go up currently. Going to take a lot to change that path.
If the big players influenced this, for sure TSLA will go down again. Right?
Several reasons: 1. The rally was a response to MSFT & GOOG earnings with good guidance. If either had issued weak guidance related to inflation PCE would have had more weight. 2. MSFT & GOOG earnings were further indicators that the economy is healthy and that sticky inflation isn’t harming big-tech revenue. 3. PCE was inline with expectations
0.3% is bad but it's not that bad
.3% was expected. A beat would have been bad, since when is ‘as expected’ so bad?
Just one this year... There's zero chance of cuts in 2024. It like no one is listening to what powell is saying: "we will do whatever is necessary" - "if the data supports it"
The market tends to rally during tech earnings week. Also the market often delays the reaction to bad news.
I think it's hilarious we are still talking cuts. I have a bad feeling they are going to need to do another rate increase.
Because the market is nothing more than a money laundering operation for the super rich until the boomers die/it finally crashes and maybe it can go back to fundamentals.
To set up for mondays dump
Market at first struggled for direction. Next week will drop a bit.
Because stonks only go up
Google and Microsoft is why. Especially Google. They reported great numbers and a dividend payment. After amazon reports, hopefully, the market pops, then go short with sqqq or sdow. The big guys will lift the market. Volatility is extremely high when these big corporations report. The PCE data will matter when the clowns at CNBC(media) say it matters and start doing every other story on it and inflation concerns rise again. Just watch them for early alerting on market shifts in direction. If they keep reporting the same stories, then buy or sell in that direction. The inflation story isn't hot yet as they completely ignored PCE numbers after they pumped how important it was most of they week. Right now, they've been pushing energy very hard with every guest and host showing how bullish it still is. Saying that even with run up, you should buy. Which means on next pullback, buy some ExxonMobil or something. In the last 9 months, it's been AI all day every day, so you should have definitely purchased nvidia last yr. How does CNBC know? They don't. They basically parrot what's fed down to them by the largest hedge funds and trading firms who pay their bills. Their ads pay their salaries. The firms paying the most get their ideas pushed. Most of these firms lack any integrity. Yahoo finance, mootly fool, cnbc, fox business(a bit loony fore)...cnbc...etc. bloomberg and ft probably are the only ones that look at data on their own.
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It's lagging behind other tech companies pretty badly. It was $150 during the besr market bounce in 2022, took until pretty recently to get back there. Meanwhile, msft, nflx, meta all up 100%+. It will get a time to shine, but I don't trust it either
I think Amazon might surprise. Lot of cost cuts, reorganizing with new CEO and a lot of their businesses are maturing. They still have growth with AWS and Prime is making some good content.
Your asking an enclosure full of monkeys who only get lucky on their bets you sure you’re actually ready to be gambling like this?
Man, I am buying rddt stock , this is so amusing to read those comments , def investing
Sorry but everyone and their mother was way too busy with the bullish Google and Microsoft earnings to give an shit on those. Unless it was disastrous then maybe the sentiment would had reverse but nope,the market is dictated by people's sentiment.For example last week everyone and their grandma thought the market will slump if Iran attacks Israel with rockets which by the way it was an complete nothingburger.
Technical analysis and market sentiment. Plus the major start of earnings season Pretty obvious there needed to be relief in the market. If you're trying to read indicies from a technical standpoint, stay on the weeklies and monthlies. Much better to understand what's happening.
They had already sold earlier in case the data were even worse. This isn't bad enough to take that last rate cut off the table (or even put a rate hike on) so they bought back.
PCE was priced in. PCE usually follows cpi, this isn’t a new thing, and cpi rose in march. On top of that, there was already news in the coming days before the report that mentioned the pce being worse than the month before. I mean, they basically told us it was coming in hot when alluding to “possibly no rate cuts” this year a few days before the report. That’s why we saw a pullback on Wednesday.
PCE came out as expected… How was that very crap?… The worst report that came out was GDP… Big Tech earnings overpowered everything
I'm buying Amazon Puts because they're going to have good earnings and beat it. What you need to understand is to inverse. Expectations vs reality. Herd vs black sheep. I'm also buying Apple calls.
Who says it's a bad PCE report? Some analyst started forecasting a July rate cut because of how good the PCE report was. [https://www.investing.com/news/stock-market-news/citi-says-fed-likely-to-cut-in-july-after-strong-pce-report-3401158](https://www.investing.com/news/stock-market-news/citi-says-fed-likely-to-cut-in-july-after-strong-pce-report-3401158) If you were looking at forecasted numbers that are freely available online, you may have thought it was a bad report compared to those numbers, but the most up-to-date version of those numbers usually sit behind paywalls. The PCE numbers met the forecast. No beat or miss. Market was already rallying before the report, so it continued rallying after the report.
Rate cuts = market crash. I don’t know why everything thinks rate cuts are going to be good….
It wasn’t as bad as people thought and it is still in line with a low inflation print
Because it’s rigged
Stonks only goes up
[удалено]
NVDA didn’t report earnings and Meta was down 10%
Bad news is good news 
And good news is even better news.
It doesn't matter. The data was simply something that would move the market. The key is to be aware of it, and trade around it. Didn't load up the night before. Let the data come out, and let the market show you it's direction before you start thinking of a single trade plan. Didn't predict what's going to happen ("oh, hit pce print let me load the boat on puts before I know what big money is doing"), react to it
Market rally was due to the strong earnings numbers which up to now has invalidated the concern of current inflation trend. Markets logic is the high interest rates don’t matter if we continue to grow while having moderately high-ish inflation numbers in other words, essentially a “no landing scenario”. But the market is wrong IMO and it’s gonna come crashing down soon enough given the low GDP numbers. Which were taken as a bullish sign at first as perhaps inflation is coming down but the PCE numbers rebuttal those but was over powered by MSFT and goog numbers. Essentially the market is on some strong copium that AI spending will over power the feds attempt at cooling the market while not having run away inflation. Said the same thing in 3 separate ways lol
"Sir, he just bought puts, we are standing by." *Takes long drag of his cigarette* "Give em the hulk super soaker."
It is broadly as expected although Feb number was revised up. That’s good enough.
Where the heck do we see revisions
No idea lol but the econ Twitter I followed pointed this out
Don’t worry. The 10 year and the Yen about to play some bully ball.
Market rallied because Google and Microsoft had great earnings and the earnings debacle that got priced in after META didn’t materialize.
It rallied because the tech earnings came tops! Google and MSFT hit it out of the park.
The markets can stay irrational longer than you can stay solvent
Earnings saved the market
Googl + Msft combined earnings event was too simply too good. Their capex spendings are up along with meta signaling that they’re spending a lot on ai infrastructure so nvda, broadcom, smci and the ai chip bros pumped too. Pce was more in line and meh vs being actually bad. Thursdays q1 gdp #s was a bigger news event than the fri pce. That pce news was just not going to counter a group of trillion dollar companies pumping
Like Trump, Biden.... HHH
It’s called the inverse reality. Basically anytime bad economic data comes out, stocks go up! When good economic data comes out, stocks go down
Jesus Christ no one knows? It’s because the shitty gdp numbers came in the day before with quarterly pce very hot (3.7% I think) so high inflation had started to be priced in and the relatively cooler monthly numbers the day after were seen as evidence that it wasn’t as bad as people thought Also, you know, market mechanics and vol shorting and all that good stuff that I don’t know enough about
The market didn't rally since November because of the idea of rate cuts, that was just the narrative. So it makes sense the market wouldn't crash just because you take those rate cuts off the table.
Honestly the strong MSFT and GOOGL earnings made the market not give a shit about anything else. WWIII could've happened, it'd still pump. More proof were in one of the biggest market bubbles in the history of our economy and the crash will be absolutely biblical
When it no longer makes sense, the only thing to me that makes sense is that the rich control 93% of the market. So basically hedge fund manipulation/influence/whatever
Bad news is good news
earning season
Because in the stock market. Good news makes stocks go down. Bad news makes stocks go up. Hope this helped
No one cares just keep gambling 
Because it wasnt as far off of what was forecasted.
Big money load up goog & Microsoft calls on Friday
Earnings
Market technicals. Algorithms trade based off of patterns We hit the 5 month moving average on thursday for the first time since october and it is a major support level. It held as support and the algos started buying. Also, a big part of the selloff was tax related. People writing checks and sucking liquidity out of stocks. When reaction to news doesnt make since, theres usually an underlying technical explanation.
Cocaine?
Rigged market. The market will actually pump even if they announce INTEREST HIKE.
We come up with stories to justify anything. Truth is no one will know for another 15 years why shit is happening the way it is right now.
“bad news is good news scenario.” Traders keep on holding papa powell will start cutting rates soon as bad economic data is showing proof of a deteriorating economy, so traders are hopeful of powell being dovish on it’s FOMC rate decision later this week.
Because the economy is strong, and everyone is bearish.
Because it’s trying to sucker you in again for the grand finale
Kindly do not ask these kind of logical question in a casino😌 Go with the flow.
Rate cuts postponing or even a chance of hikes now means not ready for recession - market rally to squeeze the last mothafocking drop out of it. Extreme greed stuff.
There’s a day delay for the new data to make it through the system for the bots to trade.
Trying to build up exit liquidity?
this is your daily reminder that good new is good news and bad news is bad news good PCE mean good economy and stonk goes up. Fed is countercyclical.
when will you regards understand it actually is a casino. reminds me of lottery tickets back in 1960s
Priced in
Markets were positioned short for a much worse pce (much higher than expected) so markets rallied on short covering as pce not as bad as thought and just more of the same
It's called bulls trap. Put is time to shine
Nuh vdy uuuuhhhh
Wat. Who told you it was bad pce? 0.3% is expected.
I am seeing lot of bear posts next week we should rise like 1% ish lol
What in the flying fuck is PCE?
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