Asian Stocks to Follow US Rally With Focus on CPI

(Muh NASDAQ closed at a record high so everyone seems to be in the long pool-which is now the crowded trade do tread lightly as the meme stocks helped but AMC basically ded meat-that FUGLY from $9 to below $6 andback to about $6.88 as the secondary told ya what it was really worth and it’s “about tree-fiddy” >>20865294 pb GameStop’s short interest is 64,370,000 shares but that is non-naked reported volumes so this has a few moar days in it then it’s over-AMC pretty much told you that plus this comes as the markets have run out of gas and not many are short….how much did they pay that douche yo “resurface” after 3 years at market highs?….not a coincide imo…Japanese Yields on Govt debt still at 11year highs and that shows no sign of cooling off -10y cap 3 and 20y cap 4 and cap 5 our 10y just under 4.5%-have broken out above the recent highs of Oct 2023 but unless the BoJ reversed its stated trajectory on bond monetizing however muh yen has retraced about 2/3rds of the total intervention so Mr. Bond has to be dealt with sooner or later)

Stocks in Asia are poised to follow a big tech-led rally in US benchmarks, as investors look to key inflation data later Wednesday for clues on the Federal Reserve’s next steps.  Equity futures for Japan and Australia pointed higher, while those for Hong Kong were little changed with that market closed for a holiday. In the run-up to US consumer price index data, the S&P 500 shrugged off Jerome Powell’s signals that interest rates will be higher for longer(the rate THEY control is Prime and rates could go higher especially if Japan doesn’t take the same route in those currency interventions as they used cash instead of US Treasuries at the end of April)a mixed reading on producer inflation. The report weighed on bond yields and oil. Tesla Inc. and Nvidia Corp. led gains in the “Magnificent Seven” cohort of megacaps, as meme-stock traders once again piled into GameStop Corp. and AMC Entertainment Holdings Inc. US futures were little changed in early Asia trading. Underlying US inflation probably moderated in April for the first time in six months, offering some hope that price pressures will start to ease again. Compared with April 2023, the core CPI is projected to rise 3.6%. While the annual increase would be the smallest in three years, it would still be too high to warrant rate cuts. A survey conducted by 22V Research showed 49% of investors expect the market reaction to the CPI report to be “risk-on” — while only 27% said “risk-off.” The S&P 500 rose to around 5,247, just shy of the March 28 closing level of 5,254.35 that would mark its 23rd record in 2024. Treasury 10-year yields fell five basis points to 4.44%, a Bloomberg gauge of the dollar declined for the first time in three days and oil slipped 1.4% in New York while gold rose. The Nasdaq Golden Dragon Index of US-listed Chinese companies slipped from a seven-month high reached Monday. US producer prices rose in April by more than projected >>20865607 pb

The options market is betting that the S&P 500 will move 1% in either direction after today’s CPI report.

Key (remaining) events this week:

• China rate decision, Wednesday

• Eurozone industrial production, GDP, Wednesday

• US CPI, retail sales, business inventories, empire manufacturing, Wednesday

• Minneapolis Fed President Neel Kashkari speaks, Wednesday

• Japan GDP, industrial production, Thursday

• US housing starts, initial jobless claims, industrial production, Thursday

• Philadelphia Fed President Patrick Harker speaks, Thursday

• Cleveland Fed President Loretta Mester speaks, Thursday

• Atlanta Fed President Raphael Bostic speaks, Thursday

• China property prices, retail sales, industrial production, Friday

• Eurozone CPI, Friday

• US Conf. Board leading index, Friday

https://www.bnnbloomberg.ca/asian-stocks-to-follow-us-rally-with-focus-on-cpi-markets-wrap-1.2073009

https://www.marketbeat.com/stocks/NYSE/GME/short-interest/

https://tradingeconomics.com/japan/government-bond-yield

https://tradingeconomics.com/japan/20-year-bond-yield

https://www.marketwatch.com/investing/bond/tmubmusd10y

https://www.cnbc.com/asia-markets/

>>20867698

>>20867737

Naked shiort selling aside those same criminal conspirators are long and unloading into the strength. They are in complete control and this will expose it to moar people but bringing it down?

Don’t make me laugh

All algo driven momo that they are reaping benefits of and when THEIR time is right it will be faded and many bag holders will be crying about a game they played but don’t understand

RCH530 DC-10 tanker/transport left Guatemala City

Speaking of Guatemala.

>>20862702, >>20862871 pb

Spanish AF AME4504 A310 arriving at San Salvador, El Salvador

>>20867849

Search rumble and yt

Plenty of old episodes

Search “hour of the time”,”William Cooper”

>>20867875

>the main Fed Bank in Washington DC

The main Fed bank is the NYFRB and as long as that remains open it’s bidness as usual

DC is just a bodega

The “store” is in New York

>>20867894

At the time I thought same

He was correct about many things

As I looked it up after hearing when originally broadcast it became moar obvious how right he was.

Some I just dint believe but time allows perspective

>>20867920

Oh the are open

Click on Menu, then ‘Markets and Policy Implementation’

See cap 2

https://www.newyorkfed.org/

Household Debt Climbs to $17.69 Trillion in First Quarter; Delinquency Rates Rise Again

Total household debt rose by $184 billion to reach $17.69 trillion, according to the latest Quarterly Report on Household Debt and Credit. Mortgage balances increased by $190 billion to $12.44 trillion, while balances on auto loans climbed $9 billion to $1.62 trillion, continuing their upward trajectory. Credit card balances declined, as is typical for the first quarter, falling by $14 billion to $1.12 trillion. Nearly 9 percent of credit card balances and 8 percent of auto loans (annualized) transitioned into delinquency.

Mortgage balances shown on consumer credit reports increased by $190 billion during the first quarter of 2024 and stood at $12.44 trillion at the end of March. Balances on home equity lines of credit (HELOC) increased by $16 billion, the eighth consecutive quarterly increase after 2022Q1, and there is now $376 billion in aggregate outstanding balances, $59 billion above the series low reached in the third quarter of 2021. Credit card balances, which are now at $1.12 trillion outstanding, decreased by $14 billion during the first quarter but remain 13.1% above the level a year ago. Auto loan balances increased by $9 billion, continuing the upward trajectory that has been in place since 2020Q2, and now stand at $1.62 trillion. Other balances, which include retail cards and other consumer loans, decreased by $11 billion. Student loan balances were effectively flat, with a $6 billion decrease, and stand at $1.6 trillion. In total, non-housing balances fell by $22 billion.

https://www.newyorkfed.org/microeconomics/hhdc

>>20867887

>>20867683

mktFag: Asian Stocks to Follow US Rally With Focus on CPI and comments

>>20867995

I get that..some frens related similar views

It’s the Ops that are the meat

Don’t have to have people to do those either…mebby a clerk or two to process formality but essentially all automated

>>20868035

>>20865294, >>20865752, >>20865887 pb

AMC Is ded meat w/ that secondary and drop

>>20868052

Had pretty great marketing in 80s w/this

Most of the teams in this form were all funded by the pots smugglers so $ laundering but these guys were first to have act together marketing wise even though the food sucked.

All depends where you lived, ‘fresh’ seafood in Omaha was moar appealing than the coasts where it came from and had better restaurants

>>20868067

Can’t tell you what to do.

Nor should you listen to anyone giving stock advice on a public board

That was a fugly drop intra-today though that’s for sure

>>20868147

Late bred BRRRTTTTT

o7