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Off-Topic Stock Market & Crypto Discussion

08:30 USD Core CPI (MoM) (Jun) 0.2% 0.3% 0.1%
08:30 USD Core CPI (YoY) (Jun) 2.9% 3.0% 2.8%
08:30 USD Core CPI Index (Jun) 326.85
08:30 USD CPI (MoM) (Jun) 0.3% 0.3% 0.1%
08:30 USD CPI (YoY) (Jun) 2.7% 2.6% 2.4%
08:30 USD CPI Index, n.s.a. (Jun) 322.56 321.46
08:30 USD CPI Index, s.a (Jun) 320.58
08:30 USD CPI, n.s.a (MoM) (Jun) 0.21%
08:30 USD NY Empire State Manufacturing Index (Jul) 5.50 -8.30 -16.00
08:30 USD Real Earnings (MoM) (Jun) -0.4% 0.3%

Core CPI MoM up
CPI MoM up x3. .1 to .3
YoY up
Empire State Manufacturing up
 
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Right now 4 sectors are outperforming thanks to Trump executive orders

Drones, nuclear, rare earth miners, and crypto
 
Cmuri said:
2.4% down is nothing compared to all it’s gone up. I meant all the executive orders these past 6 months
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I bought some IBIT on Jan 21. It is up maybe 10%. 2.4% cut into that significantly.
 
TheEye said:
I bought some IBIT on Jan 21. It is up maybe 10%. 2.4% cut into that significantly.
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IMG_2147.png
IMG_2148.png

That’s the volatility of crypto.
 
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PPI measures the average change in prices received by domestic producers for their goods and services, while CPI measures the average change in prices paid by urban consumers for a basket of consumer goods and services.
12:30
USD Producer Price Index (MoM) (Jun)
0% -0.67 0.2% 0.3%
12:30
USD Producer Price Index (YoY) (Jun)
2.3% -0.69 2.5% 2.6%
12:30
USD Producer Price Index ex Food & Energy (MoM) (Jun)
0% -0.86 0.2% 0.1%
12:30
USD Producer Price Index ex Food & Energy (YoY) (Jun)
2.6% -0.51 2.7% 3%
MoM less than expected
YoY less than expected
This could mean that producers are absorbing the cost….so far
 
Bird4um said:
Pushing 3$. Very very nice. What’s your avg. ?
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$2.20ish. I added a little at 2.80 which brought up my avg to that. I was in the 2.10s before

I don’t have alot, but it’s the main crypto I have. Very underweight crypto.
My friend was telling me about XLM and ADA.
 
Last edited:
Cmuri said:
$2.20ish. I added a little at 2.80 which brought up my avg to that. I was in the 2.10s before

I don’t have alot, but it’s the main crypto I have. Very underweight crypto.
My friend was telling me about XLM and ADA.
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I don't think it ever gets to the insane numbers predicted late last year though. Banks are already using Ripple Labs for their transactions and those aren't tied to the xrp coin.
 
umcane4life said:
I don't think it ever gets to the insane numbers predicted late last year though. Banks are already using Ripple Labs for their transactions and those aren't tied to the xrp coin.
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I don’t know either but it looks promising.



As Jim mora would say-
Playoffs? Playoffs? Im just trying to win a game.

(Insane numbers? Insane numbers? I’m just trying to make a few bucks. lol)
 
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Allowing NVDA to sell H20 chips to China was a political decision to keep China dependent on American technology as we are dependent on China’s Rare Earth.
If TACO doesn’t change his mind, NVDA is getting price estimates of $250 for 2027. TSM manufactures the chips.
I don’t agree with Cramer on a lot, but he called it.
 
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