$Tesla (TSLA.US)$ looks tempting to increase my short positi...
$Tesla (TSLA.US)$ looks tempting to increase my short position
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JATrader : 255 is the support and didn't break further. Shld be back to pre result 280 end of this week
bangkokinsomnia OP JATrader : U forgot jpow is speaking this week..
DreamyLucid bangkokinsomnia OP : Only the conference matters. The rate decision doesn’t matter anymore. Be it hike or pause.
bangkokinsomnia OP DreamyLucid : And that press conference is on 26 July
DreamyLucid bangkokinsomnia OP : Yes. But markets seems to be convinced now that the PMI data released today suggest a pause in September and a less hawkish Fed
bangkokinsomnia OP DreamyLucid : My opinion is Jpow only cares only about core inflation. If core inflation continues increasing, the rate will probably continue increasing as well.
DreamyLucid bangkokinsomnia OP : Actually no. He looks at the labour data and Core PCE more than CPI/Core CPI
bangkokinsomnia OP DreamyLucid : Well I’m still putting my money on a red market by end of this week let’s hope I’m not wrong ;)
丟丟 : As long as you stand firm at 262, the next step is to go to 276