The market works in a way that burns the most people it can.

What is your margin requirement to keep the position open? How high does NAS need to go for you to start sweating?

Good luck playa. You've got time but I wonder if Theta already has your ass in this situation. That is unless we get a real violent move down (which is possible) but will it happen by June.

Well, what Powell said could have been taken as bullish. Thinking of this as a rate raise would suggest they won't need to raise as much in the future and brings the likelihood of a pause back into the spotlight.

Agreed on the fed taking to long to act, it was a dangerous choice.

As for stagflation, you're technically wrong but I agree with you. If we didn't have a pandemic where it was hard to find workers, we wouldn't have companies hoarding employees like we have now. But over time, I expect unemployment to rise as the rate increases take effect.

Depends, the target has always been 2% and if the fed goes changing the target, it will be seen as moving the goal posts because you can't win. Fed would lose credibility quickly.

I don't think the Fed is aiming for that. Estimates are 5.4% by July it seems and then hopefully there will be good enough data to pause.

Didn't see any names just alludes to strategists. Bit of a cop out really, put your name forward or forever hold your peace IMO

Thanks, you too.

Monday didn't fill me with confidence and I'm positioned for risk off since last week. Reeks of Bull Trap to me.

Tempted on puts myself, WMT did ok on their earnings last week however I rate WMT more than TGT.

If you're looking for a higher short entry, sure.

Probably priced in already considering they beat on analyst expectations. Plus AI being the new shiny thing that the media shove in our faces, they can use this to rally investors until that bursts.