Post by
Duster340 on Jun 08, 2022 4:37pm
Headwinds on the horizon
the cpi # (inflation) comes out on friday. the last rate in the usa was 8.3% down from 8.5% in april. my guess we will see a new all time high on friday. i will take a guess at it and say 8.6%+, mostly driven by the price of gas which is out of control. if this # is big it will spook the market, so i say big red day friday, the tech stocks will take a hit. also a possible recession coming before the end of the year. lots of fear in the market.
Comment by
RayDonovan78 on Jun 12, 2022 7:27pm
Duster, you were right about Fridays trading. Suprisingly BYL held out well.