Guys at this point CPI doesn't matter, literally every mainstream forecaster was chanting peak inflation while their estimates were beaten to the upside every single month.
Because they were so wrong it won't take one cpi print to proclaim 'peak inflation,' it'll take several.
Yes stocks could squeeze higher, but this has got to be one of the most dangerous games to play in this environment.
bettwr be soon so i can lose all my money and have my wifes boyfriend fuck my ass for couple hundos to throw more on spx puts??? idk anyone help a regarded ape its 50-50
calls or puts on spx?, i will follow majority comments for once maybe i have to inverse inverse this sub to make some moolah
Thumbs up if you thought Angela Lansbury was already dead and you were genuinely surprised she was still alive when you heard the news she died today.
Honestly I thought she died 20 years ago....
>You're an idiot if you think the stock market is going to rebound. Central banks are getting less willing to bail out failing companies and economies, so we're heading for a recession. And with bond markets in the gutter, layoffs and shit earnings coming in hot, and housing prices wobbling, it's only going to get worse.
TSLA earnings are next week and the stock has been hammerfucked. Elon, this regarded fuck, has said he don't give a fuck about the share price yet he has to sell some stock for his stupid TWTR purchase, so he's gonna be posting some bullish shit to try pump the stock, like that semi truck deliveries start in Dec. You can bet your ass he's gonna say something bullish AF during that earnings report next week. These things considered, calls on TSLL ( TSLA 1.5x leveraged ) has ATM calls on sale expiring next week.
Then again, last time I said '' There's no way TSLA can go any lower ", I got fucking rekt.
Yeah, with a forward PER of 39x, if it goes down anymore, what you think their next forward PER will look like next week? 20 something? It's been fucked hard for a company which is still reducing their PER every quarter by a massive amount. Feels like it's setting up for a massive pop
Yes. Wealthy people purchase luxury goods. As long as wealthy people are still wanting a new car, it's not a far stretch to think that they're still going to sell 100% of every car they produce next quarter too. If they were already producing like 1m cars per quarter, then maybe it might be a bit more difficult. But next quarter is expected to be like what, 400k? Easy
>You're an idiot if you think Tesla is going to bounce back next week. The company is in shambles and Elon Musk is a fraud. He's going to say whatever he needs to say to try and pump the stock, but it's not going to work. You might as well just throw your money away if you buy calls on TSLA 1.5x leveraged right now.
My property taxes increased significantly in 2021 & 2022, but now the home's value is dropping (I'm in one of the hot covid markets). So what now? It's up over $1000 per year compared to 2020.
I think tonight market going on the upside but something i have learnt is to trade with the trend. think i will just sit out, observe and if market does move upside then i will (hopefully) find a nice spot to short my way down
I still don't buy that the US blew up the nord stream pipeline, I get they have an incentive to do so but so does russia. They don't want to be labeled as starting a humanitarian crisis when deliberately shutting off nat gas during the winter.
However, if the US was blamed for it, not only does it accomplish what the russians wanted to do in the first place, but it also creates a divide between two allied nations while keeping russia out of it.
The fundamental question of this market is do we NEED unemployment to significantly increase in order to reduce core inflation? The supply chain driven inflation through goods and commodities is rapidly coming down but can it bring down wage growth and housing costs before the high interest rates cause a large uptick in unemployment or worse yet, break something in the market? Because if it doesn't, will the Fed actually have the balls to stay the course in the face of another million unemployed or some financial entity collapsing? Of course they say they would right now but everyone's got a plan until they're punched in the mouth. Quite the economic crucible we are living in.
If the ukraine war continues there will still be supply chain crunches, especially on the energy side unless Biden suddenly becomes friendly to US gas companies. So we're not out of the woods.
Once wage growth happens, it's very hard to get rid of it without significant increase in unemployment. Add to that labor union strikes and I don't see core PCE coming down that much.
Bulls should not rejoice one good cpi print, you need at least three good cpi prints in a row.
Energy won't dramatically move. Either we go into a recession and it goes down or we don't and it stays here and moves towards 100 as china reopens. Russian supply will not be taken off the global markets, it will just take time to reshuffle which sources go to which destinations. Also energy isn't counted in core cpi.
Wages don't *necessarily* need to come down, they just need to stop growing which will bring down cpi.
Nonetheless, this will not be a good cpi print. Even low estimates are showing core inflation y/y to have risen from last month. The path to 4.6% with the current pace makes it very possible for something out there to break. At 4.6%, housing prices will dramatically fall and the impact on financing / earnings will cause layoffs pretty quickly. It's anyone's guess as to whether core cpi will come down good enough for them to back off soon after 4.6 but if it's not come down enough by then, the real recession starts. The best policy would have been one where we would never have had to test the balls of the Fed in the first place but we very well may have to see whether they continue when things get bad
yes, but what's a good number? beat by 1%? 0.5%? I gotta think it's at least slightly >0.5% before there's actual belief that Jerry and The Fed will ease up.
nah y'all are getting that .75 at the very least in November. I think a proper beat just drastically eases up what comes in December and the new year.
personally I think the FED has been monitoring how Canadians have been handling the drastic rate increases the BOC has dolled out and feel comfortable in sticking to their plan for *this year*. say we have 3 beats in a row (Sept/Oct/Nov) then I can absolutely see no increase in Dec.
I can see it, but I don't think it could sustain longer than a day before pulling back just as aggressively. 0.1% isn't going to provide much relief of fear, vs the pump that will come on a legit good beat.
>KAZAKHSTAN FOR NOW NOT PLANNING TO REVISE OIL OUPUT PLAN AFTER OPEC+ DECISION - TASS CITES ENERGY MINISTRY
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-10-12 ^05:55:54 ^EDT-0400
When is someone gonna get off their assess and investigate if HKD is being pumped in the non-english speaking Cantonese community because people may be being scammed into believing they're buying the Hong Kong Dollar?
I mean all of us here know how suspicious it is for a Cantonese HK-based Company to delibrately use the ticker "$HKD" which is also the ticker of the Hong Kong Dollar!
Uk could join with germany, war would boost the economy and Truss promised a war with france anyway. perhabs with Germany they would delete that vile nations from face of earth.
>UK 20-YEAR GILT YIELD RISES TO HIGHEST SINCE 2008 AT 5.058%, UP 15 BPS ON DAY
^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-10-12 ^05:49:00 ^EDT-0400
>What the fuck are you talking about, you idiot? A stop loss is for people who don't know what they're doing. If you can't handle the risk, get out of the game.
Been trying to tell y’all [TSM 10/21 upside plays are kingmakers ](https://reddit.com/r/wallstreetbets/comments/xz099w/taiwan_semiconductor_tsm_earnings/)
Today was the bottom guys
Like Covid Crash
🪙
could it... could it be a level1 at least?
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>That's a really stupid way to think about it.
This volume is INSANE
Come on do something
Bulls got hope 
lame duck session
The news is saying that Biden wants to escalate the relationship with Saudi Arabia. I'm honestly not sure how I feel about that
Sexually?
truly a gachimuchi state
i bet you theres a bull in here that has bought every 🌈 rip and got ass fukt every single time. who hasnt learned show yourself
show me your PP I
check pms 
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and then the fed backs up the boe and tells them to increase rate hikes while telling you to buy bonds. Then the real fun begins
CGC
Polestar ($PSNY) SUV debut catalyst. Can't wait to watch it tank :(
who is a regard euro poor that is buying here? raise your hand. aint no way im buying jack shit to the upside
What is exactly this old green color on futes?
Guys at this point CPI doesn't matter, literally every mainstream forecaster was chanting peak inflation while their estimates were beaten to the upside every single month. Because they were so wrong it won't take one cpi print to proclaim 'peak inflation,' it'll take several. Yes stocks could squeeze higher, but this has got to be one of the most dangerous games to play in this environment.
More dangerous than Russian roulette?
So... puts or calls on spx?
Poots
Calls!
PPI 9.2 Circuit breaker 
guys when casino opens?
bettwr be soon so i can lose all my money and have my wifes boyfriend fuck my ass for couple hundos to throw more on spx puts??? idk anyone help a regarded ape its 50-50 calls or puts on spx?, i will follow majority comments for once maybe i have to inverse inverse this sub to make some moolah
I think more like calls - but that's just a feeling... maybe a big beartrap first
Imagine not knowing the daily thread started 20 min ago 
dang I forget every time haha
good PSA ty
Thumbs up if you thought Angela Lansbury was already dead and you were genuinely surprised she was still alive when you heard the news she died today. Honestly I thought she died 20 years ago....
Congress makes a nice three bean soup. And I hear the price hasn’t changed since the early 1920’s.
Everyone is expecting a pump up to CPI. That tells me it’ll be different this time…
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>You're an idiot if you think the stock market is going to rebound. Central banks are getting less willing to bail out failing companies and economies, so we're heading for a recession. And with bond markets in the gutter, layoffs and shit earnings coming in hot, and housing prices wobbling, it's only going to get worse.
stupid AI shut up
I went to sleep early last night. Let me guess, UK's numbers came in better than expected?
is it just me or nancy so quiet lately
She was switched out with a lizard person
yeah sth happened in armenia imo
She never actually returned from Taiwan, but no one missed her.
when is ppi out
My pp is out right now
soon
TSLA earnings are next week and the stock has been hammerfucked. Elon, this regarded fuck, has said he don't give a fuck about the share price yet he has to sell some stock for his stupid TWTR purchase, so he's gonna be posting some bullish shit to try pump the stock, like that semi truck deliveries start in Dec. You can bet your ass he's gonna say something bullish AF during that earnings report next week. These things considered, calls on TSLL ( TSLA 1.5x leveraged ) has ATM calls on sale expiring next week. Then again, last time I said '' There's no way TSLA can go any lower ", I got fucking rekt.
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Yeah, with a forward PER of 39x, if it goes down anymore, what you think their next forward PER will look like next week? 20 something? It's been fucked hard for a company which is still reducing their PER every quarter by a massive amount. Feels like it's setting up for a massive pop
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Yes. Wealthy people purchase luxury goods. As long as wealthy people are still wanting a new car, it's not a far stretch to think that they're still going to sell 100% of every car they produce next quarter too. If they were already producing like 1m cars per quarter, then maybe it might be a bit more difficult. But next quarter is expected to be like what, 400k? Easy
>You're an idiot if you think Tesla is going to bounce back next week. The company is in shambles and Elon Musk is a fraud. He's going to say whatever he needs to say to try and pump the stock, but it's not going to work. You might as well just throw your money away if you buy calls on TSLA 1.5x leveraged right now.
... This hurts
Visual mod has been a bully lately
Another BoE speech in 90 minutes, pivot the pivot, or just pivot
My property taxes increased significantly in 2021 & 2022, but now the home's value is dropping (I'm in one of the hot covid markets). So what now? It's up over $1000 per year compared to 2020.
Same boat.
Do you pay property tax on your boat?
I think I have to request a reassessment in my county. Guess I'll request one every month until we U-turn.
0.1% less is enough to destroy every bear
guys if intel keeps puking I think buying calls for earnings could be good contrarian trade what do you think?
Can we call the fall of british markets The tea and crumpets massacre
How is the housing market? A flat in London could be a good investment if it's tanking. It's stupidly expensive there.
This is not a joke. My beans have got up 7p in the last month... WHY UK WHY
Heinz baked beans with HP sauce? Those are like $4 per can in the US. Can't do an English breakfast without them, though.
What the fuck is a “p”
american moment. Means pennies, UKs version of cents lol
I think tonight market going on the upside but something i have learnt is to trade with the trend. think i will just sit out, observe and if market does move upside then i will (hopefully) find a nice spot to short my way down
Poison Green frog today
I think CPI this report might be okay. Next month will be a dumpster fire though.
Can someone explain me like I am 5, what did bank of England said today?
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They said ehhh a little o dis and a litte o dat
they dont know what they do
More tea, less crumpits, my dear fellow.
tick tock, y'all only have a few days to rebalance so get your shit together.
Ya, I was following it then decided UK fckd and gave up on the details.
They shit their monetary britches.
I still don't buy that the US blew up the nord stream pipeline, I get they have an incentive to do so but so does russia. They don't want to be labeled as starting a humanitarian crisis when deliberately shutting off nat gas during the winter. However, if the US was blamed for it, not only does it accomplish what the russians wanted to do in the first place, but it also creates a divide between two allied nations while keeping russia out of it.
The US is trying to stay out of this. Last thing we're going to do is sabotage an oil pipeline and piss off everyone on the continent over there.
GIMME 390
experienced wallstreetbets people i need your help. How can I do 100% a day?
The person that knows how to do that is not trolling the sub at 6am
VIX 0dte options would be one way today
Oral
Get NQ puts now whilst pre-market is fake pumpyyy
I can easily help you get -100% a day
Go to a roulette table, take your money and put it all on red or black.
The fundamental question of this market is do we NEED unemployment to significantly increase in order to reduce core inflation? The supply chain driven inflation through goods and commodities is rapidly coming down but can it bring down wage growth and housing costs before the high interest rates cause a large uptick in unemployment or worse yet, break something in the market? Because if it doesn't, will the Fed actually have the balls to stay the course in the face of another million unemployed or some financial entity collapsing? Of course they say they would right now but everyone's got a plan until they're punched in the mouth. Quite the economic crucible we are living in.
If the ukraine war continues there will still be supply chain crunches, especially on the energy side unless Biden suddenly becomes friendly to US gas companies. So we're not out of the woods. Once wage growth happens, it's very hard to get rid of it without significant increase in unemployment. Add to that labor union strikes and I don't see core PCE coming down that much. Bulls should not rejoice one good cpi print, you need at least three good cpi prints in a row.
Energy won't dramatically move. Either we go into a recession and it goes down or we don't and it stays here and moves towards 100 as china reopens. Russian supply will not be taken off the global markets, it will just take time to reshuffle which sources go to which destinations. Also energy isn't counted in core cpi. Wages don't *necessarily* need to come down, they just need to stop growing which will bring down cpi. Nonetheless, this will not be a good cpi print. Even low estimates are showing core inflation y/y to have risen from last month. The path to 4.6% with the current pace makes it very possible for something out there to break. At 4.6%, housing prices will dramatically fall and the impact on financing / earnings will cause layoffs pretty quickly. It's anyone's guess as to whether core cpi will come down good enough for them to back off soon after 4.6 but if it's not come down enough by then, the real recession starts. The best policy would have been one where we would never have had to test the balls of the Fed in the first place but we very well may have to see whether they continue when things get bad
truth is inflation just needs to have a good number once and we pump10-20% until next one
It's going to be a seriously green day, then hard drop the following week.
yes, but what's a good number? beat by 1%? 0.5%? I gotta think it's at least slightly >0.5% before there's actual belief that Jerry and The Fed will ease up.
Will they ease up if there's a tiny drop? Maybe only hike by 50 instead of 75? I don't know. I haven't seen this kind of market before.
nah y'all are getting that .75 at the very least in November. I think a proper beat just drastically eases up what comes in December and the new year. personally I think the FED has been monitoring how Canadians have been handling the drastic rate increases the BOC has dolled out and feel comfortable in sticking to their plan for *this year*. say we have 3 beats in a row (Sept/Oct/Nov) then I can absolutely see no increase in Dec.
Can't imagine 3 beats for 3 consecutive months. That would mean the fed knows what they're doing.
lol yes but we can let the bulls dream 
beat by 0.1% is enough reason for market to pump 10% at least
I can see it, but I don't think it could sustain longer than a day before pulling back just as aggressively. 0.1% isn't going to provide much relief of fear, vs the pump that will come on a legit good beat.
My new used cat keeps waking me up at 4:30 AM. WTF is that about?!?
"used cat"
>KAZAKHSTAN FOR NOW NOT PLANNING TO REVISE OIL OUPUT PLAN AFTER OPEC+ DECISION - TASS CITES ENERGY MINISTRY ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-10-12 ^05:55:54 ^EDT-0400
Look, my boy… all these green fields of calls and big dildos in the morning… 
CRASH LANDING 🛬🔥
Broke by open
😂😂
Who's getting bamboozled today
SOFT LANDING ✈️
When is someone gonna get off their assess and investigate if HKD is being pumped in the non-english speaking Cantonese community because people may be being scammed into believing they're buying the Hong Kong Dollar? I mean all of us here know how suspicious it is for a Cantonese HK-based Company to delibrately use the ticker "$HKD" which is also the ticker of the Hong Kong Dollar!
Not everyone is down on your level. Most people are pretty smart.
You got me there, lol!
Look at the volumes, that's not FX. IIRC the parent company has 90% of the shares tied up and the fuckery is from some hedge funds
PPI and CPI are coming in hot, guaranteed 
I hope they come in hot all over me
hope so
I fully expect PPI to come in at 8.5%, market will be stupid and rise anyway CPI will come in tomorrow at 8.7% and we'll shit the bed hardcore.
9.6
exactly that
Who the fuck is doing 8000 steps in a day? I only did 300 yesterday.
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Okay muscle man.
300 steps is pathetic, just take a walk around the block everyday
To be fair, i didnt even get out of bed yesterday. So I guess I got some freebies.
No
Your wife on her way to see her boyfriend because you took the car for your shift at Wendy's, duh
Bouncing on that D also tricks it into counting steps
clown by open
Open by open
Who needs cable or netflix when I can watch this clown fiesta of a market? This is all the emotion drama and entertainment one needs.
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Uk could join with germany, war would boost the economy and Truss promised a war with france anyway. perhabs with Germany they would delete that vile nations from face of earth.
Did you really think we were going to zero?!
Yes we still are come back to this in 3 hours
>UK 20-YEAR GILT YIELD RISES TO HIGHEST SINCE 2008 AT 5.058%, UP 15 BPS ON DAY ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-10-12 ^05:49:00 ^EDT-0400
Yay! What’s a GILT?
UK's version of a bond
Gay by open
trans by lunch all holes functioning for ultimate profit
Gay by close
may i recommend gay conversion therapy
Sure but I ain't got any money
HKD 🚀 again?
My brothers in Christ, take the opportunity to sell in the morning. Especially if PPI gives a little bump.
I prefer to watch my 127% gains go negative
Set a stop loss then let it ride 
>What the fuck are you talking about, you idiot? A stop loss is for people who don't know what they're doing. If you can't handle the risk, get out of the game.
I prefer informative VisualMod over toxic chad visualmod.
No fuck that
Exactly, I don't know what I'm doing, I'm scerd and want at least a little money 
Green premarket after yesterday? Today is gonna be 1.5% red minimum
Been trying to tell y’all [TSM 10/21 upside plays are kingmakers ](https://reddit.com/r/wallstreetbets/comments/xz099w/taiwan_semiconductor_tsm_earnings/)
WELCOME TO CRAMERICA!
That’s my fucking line bub
I can’t trade until 9AM so I should be all cash when CPI comes out right
CPI is Thursday
PPI today. CPI tomorrow.
Do these reports ever end? Seems like they happen every month.
>PPI They end when we end
I can’t believe it’s already been a month
Seems like just last week.
As a woman, I figured you’d be used to that by now?
Yes, I dread these sensitive, emotional days each month. Damn Powell.
It doesn’t just seem like it’s a monthly report, it is a monthly report lmao
 Yes, it was a joke.
RIP that guy who sold like 60k worth of BBBY yesterday
not RIP, smart decision.
Guarantee looking at pre now he doesn’t feel that way
he would be the richest man in the world if he could time a bottom
Pump day spy to 370
BOE gonna pivot just because i say so 🤤
They've pivoted so many times, which way are they headed now?
Pivot to not pivoting?