Investing

[chasfh]

Market up substantially today, which is good as far as it goes, but never forget what's lingering in the background:

 

[Deleterious]

 

[gehringer_2]

curious day. Since Iran started,  S&P and oil have been pretty locked on inverse moves, but not today, S&P Is up but oil is also up. Not sure what that means investors are thinking.

[Screwball]

Everything is so ****ed up even the stock market doesn't know what to do.

[gehringer_2]

This is today's print from the Cleveland Federal Reserve's "Inflation Now" forecasting tool.

 

INFLATION, YEAR-OVER-YEAR PERCENT CHANGE

Month	CPI	Core CPI	PCE	Core PCE	Updated
Note: If the cell is blank, it implies that the actual data corresponding to the month for that inflation measure have already been released.
April 2026	3.56	2.56	3.50	3.03	04/07
March 2026	3.25	2.60	3.28	2.97	04/07
February 2026			2.67	2.83	04/07

 

https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting

Edited 19 hours ago by gehringer_2

[Deleterious]

Wait.  Did WTI crossover Brent?

[gehringer_2]

52 minutes ago, Deleterious said:

Wait.  Did WTI crossover Brent?

it surely did.

[Screwball]

A little chart porn in order. I'm sure the frontrunning stuff will immediately start, if it hasn't already, but there are some who also got their face ripped off as well.

Hit $117 ish around 11:30, then went downward from there, especially late in the day. Once the day change at 6 it took a ****. Ouchie!

Looking at that chart, there is a gap right smack the 6pm time change. Why? Just another tick in the timeline of the open market. Funny to how it bounced around the $93.46, then tested it again, and now back above. Still, from $117 to $91 in the same day is quite a move. 

Edited 10 hours ago by Screwball

[CMRivdogs]