I thought it had found a floor, but I bought the falling knife. Not sure what I want to do right now. Don't like selling on a big down move.
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
I assume we will get a relief/counter-trend rally soon. It's happened a few times already, but you never know. Something needs to change this narrative.
Keep getting AI news which crushes these software stocks.
Is that going to change?
Maybe earnings will help.
Core CPI comes in light:
The U.S. core Consumer Price Index increased 0.2% M/M in March, just under the +0.3% consensus and running at the same pace (+0.2%) as in February, according to data released by the Bureau of Labor Statistics on Friday. While the headline CPI jumped 0.9% M/M, fueled by soaring energy costs, that increase was widely expected as the Iran war shocked global energy markets.
On a year-over-year basis, core CPI, which excludes food and energy, rose 2.6% Y/Y, less than the +2.7% consensus but accelerating from +2.5% in the prior month.
The U.S. core Consumer Price Index increased 0.2% M/M in March, just under the +0.3% consensus and running at the same pace (+0.2%) as in February, according to data released by the Bureau of Labor Statistics on Friday. While the headline CPI jumped 0.9% M/M, fueled by soaring energy costs, that increase was widely expected as the Iran war shocked global energy markets.
On a year-over-year basis, core CPI, which excludes food and energy, rose 2.6% Y/Y, less than the +2.7% consensus but accelerating from +2.5% in the prior month.
Here's the plan!:
1. I will buy short-dated NOW calls
2. You sell your NOW shares
3. NOW rallies like crazy because you are out
4. I sell the calls and we split the profit!
