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 Tuesday at 02:50 PM 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 Wednesday at 12:17 AM by Screwball

[CMRivdogs]

 

[Deleterious]

Nothing like a 3% gap up to start the day.

[romad1]

29 minutes ago, Deleterious said:

Nothing like a 3% gap up to start the day.

Maybe we can get back what we lost since the start of the year.  

[gehringer_2]

35 minutes ago, Deleterious said:

Nothing like a 3% gap up to start the day.

The euphoria is somewhat premature I'd guess. High energy costs are going to take a while to come down and the month they have been high still has to percolate through the economy, plus we likely have a bad inflation report coming.

But I'm not going to complain if the animal spirits of the market want to bid up my IRAs.

Edited Wednesday at 01:51 PM by gehringer_2

[gehringer_2]

Intel, left for dead 8 mo  ago at $19, just hit $58

[ewsieg]

On 4/7/2026 at 8:17 PM, Screwball said:

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. 

When does the chart get updated to reflect the price in Chinese Yuan?

[Screwball]

11 hours ago, ewsieg said:

When does the chart get updated to reflect the price in Chinese Yuan?

It's kind of funny. Given what is going on in the world today, and so many that are freaked the **** out, which I understand; I have faith in the most swine pieces of **** on the planet - our bankster pigmen of Wall Street. They are still the smartest guys in the room and control the entire financial system.

You don't have to like them. They are like AJ Pierzynski. You hate the prick but in this case you are glad he's on your side. If we go to war with the world, militarily or financially, (maybe we are doing that already?) I'm betting on our very own wizards of Wall Street.

The pigmen also have to live here (most of them) and don't want to get strung up. I'm hoping they are that smart.