The Consumer Price Index was released today. As you can see from all the redness below that it was not well received. The FOMC meeting minutes was also released this afternoon. Yep, that didn't help either. I've yet to see the minutes but I can assure you I am not too eager either. Let's move on.
The only exciting part was during the pre-market. The S&P500 spiked so high I heard something made a crunch. It turns out to be my daughter from across the table eating her coco puffs. On to business shall we.
Tesla is down 3.35% while Apple retreats 0.44%.
Some securities worth mentioning is American Airlines, -9.22%, and Amazon -2.09%.
The biggest red mark goes to Nasdaq with -0.85%.
Bitcoin took time to simmer down and hose down it's engine. It's down to 29, 868 from yesterday's 30K pop.
You only lose if you don't have a stop loss. Cheers Traders.
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Do your due diligence if or when placing a trade. All ideas stated here are my own and do not represent trading or investment advice.