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.

 

[Deleterious]

 

[Tiger337]

12 hours ago, Screwball said:

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.

 

I honestly don't know how it all works, but it's been pretty clear to me for a long time that the wealthiest people on the planet control everything.  All the money goes to them eventually and they control with their wealth.   I know they don't give a **** about the rest of us, but I also figure that their lives will be a lot less satisfying and safe if the world goes to hell.  They will do what they can to make sure that doesn't happen.  That's not a nice thing to be banking on (pun intended) but it helps keep me sane.  

[Screwball]

1 hour ago, Deleterious said:

 

Inflation Has Been Above the Fed’s Target for 5 Straight Years

They will get it right - eventually...

[Screwball]

56 minutes ago, Tiger337 said:

I honestly don't know how it all works, but it's been pretty clear to me for a long time that the wealthiest people on the planet control everything.  All the money goes to them eventually and they control with their wealth.   I know they don't give a **** about the rest of us, but I also figure that their lives will be a lot less satisfying and safe if the world goes to hell.  They will do what they can to make sure that doesn't happen.  That's not a nice thing to be banking on (pun intended) but it helps keep me sane.  

I was partially kidding. I don't have much faith in any of the useless ****s who run anything. I don't believe 10 percent of what I read from the MSM. Less than that from any political dip**** that holds office. They are all a bunch of lying sacks of **** who only care about themselves, or are getting blackmailed into destroying the entire world for a bunch of sick ****s who want to continue to rape and pillage it. Great theater for those with their head up their ass playing the blame game, while the media covers up for them.

The Big Club is kind of like the banksters, but worse. I think the banksters have a little more credibility than the scum in the Big Club. Not much, but a little. Not a good bunch to count on, but they might be all we have. They have the goods on the Big Club - they banked them, and laundered their money. They know and have the records. 

A global depression benefits nobody. The banksters, even if behind the scenes, may be able to stop or slow down the madness. The criminal CEO of JPM just recently had some things to say.

CEO of nation's largest bank says Iran war raises risk of 'bad economic outcomes'

 

Edited 1 hour ago by Screwball

[Tiger337]

21 minutes ago, Screwball said:

I was partially kidding. I don't have much faith in any of the useless ****s who run anything. I don't believe 10 percent of what I read from the MSM. Less than that from any political dip**** that holds office. They are all a bunch of lying sacks of **** who only care about themselves, or are getting blackmailed into destroying the entire world for a bunch of sick ****s who want to continue to rape and pillage it. Great theater for those with their head up their ass playing the blame game, while the media covers up for them.

The Big Club is kind of like the banksters, but worse. I think the banksters have a little more credibility than the scum in the Big Club. Not much, but a little. Not a good bunch to count on, but they might be all we have. They have the goods on the Big Club - they banked them, and laundered their money. They know and have the records. 

A global depression benefits nobody. The banksters, even if behind the scenes, may be able to stop or slow down the madness. The criminal CEO of JPM just recently had some things to say.

CEO of nation's largest bank says Iran war raises risk of 'bad economic outcomes'

 

I always assumed the bankers were part of the Big Club!  I don't really know though.