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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (72127)	10/14/2022 7:50:33 AM
From: Lee Lichterman III	4 Recommendations Recommended By ajtj99 catou1 LoveAG towerdog Respond to of 97912

I listened to a room last night and they thought yesterday's reverse and ramp was all foreign based. The CPI plunge was immediately followed by a Japan currency intervention as the dollar spiked. As the dollar plunged back down, it caused oil to move first, then equities and bonds as the algos kicked in. Then as the UK Chancellor was recalled (and fired this morning), the rumors of the tax U-turn added fuel to the fire and everything went risk on. These are expected to only be temporary catalysts so earnings and our own policy need to take over for it to last. I'm eyeballing 3740 for now if we can hold over 3680.