Loading ...Apparently the e-mini futures have have an all time high short position and people were piling on today betting that the CPI comes in hot. So, there’s that. Unfortunately the shorts have been getting murdered this year, so, there’s also that. Hot should probably not be good for pm’s and everything else. Although oil is strong today.
Finally, we have the manic guru syndrome, and MGS is never a good thing. Ever. So, there’s that. 🤑