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Cleveland Fed forecasts cpi to reaccelerate near 4.1% in August. If that's anywhere near accurate the debate won't be whether the fed hikes another 25bp, it'll be whether they go 50bp in both Sep and Nov. $spy

$spy gap up bounce after 4 red days is classic. Looks on track for 430 soon

Everyone is as bulled up as you can possibly get. Now we can finally have the recession $vix through 40 $spy

$aapl has gone straight up all year, dragging $spy with it, all for a 1% y/y decline in revenue and flat earnings. Multiple expansion has no limits? When the music stops look out below.

The melt up in stocks and relentless desire to pay whatever price no matter what is adding fuel to the fire that is just ahead, but the market can't yet see. $spy

Fed not done till labor market "done". Pain trade $spy 320 with $vix through 40. Recession Q3/Q4 this year.

Waited 2 hours for LA Knight and get nothing? Is this a joke @WWE @TripleH

Revenge rally is played out. Bears await "the event" that will catalyze the final leg lower in this bear market to take out the October lows and put in the true low for this bear market. Looks imminent. $spy

All week @ScottWapnerCNBC was dunking on Mike Wilson and every bear he could find. But this bear market remains incomplete. Spiking the football before the game is over won't end well. $spy 300-340 prints with $vix through 40

$spy at euphoric pe with recession imminent. This won't end well.

The entire yield curve is below the fed funds rate. That ain't bullish and means the fed will soon be cutting rates due to recession and financial market crises. $spy

we're entering the "hide the women and children" phase of the bear mkt $vix through 40 $spy

Mkt trying to shame fed into 25bp - hard data calls for 50 and 6% terminal. The medicine doesn't always taste good. $spy

when the entire mkt is following a ticker nobody heard of before today you know it's getting real $sivb $spy

$spy 390 is pricing in soft landing with inflation returning to 2% by mid yr and fed cutting rates in 2nd half. It's fantasy land. Capitulation leg just getting started, long way down

$bac $wfc $jpm down 10% the last 3 days. New bull mkt they said $spy

March 50bp is the price for the 2023 melt up to start the year. Means bigger recession and also pulled forward. $spy

18x inflated 2023 earnings while yields are breaking out is not the place to buy $spy

Bostic already shot his shot. Next time he opens his mouth whispering bullish sweet nothings it's old news. So the 15 min sugar high is over. $spy

When fed raises above 5%, shizzle starts to break. Recession price to pay for new bull / slay inflation. 2's/10's 90bp inverted. Mkt hoped for fed pause before recession to melt up equities - inflation rebound spooked that trade. $spy under 200dma to test new "technical bulls"