Coffee - Has anyone else seen the news that coffee is being removed from the CPI calculations? I also read that it might just be the publication on coffee will no longer come out but if they were to remove coffee entirely and it's had a crazy run the last few months then this would be another drastic manipulation and give the people a false sense of inflation coming down. Coffee has to be one of the biggest commodities everyone buys so inflation on it affects us all.

Any update on this? I thought we needed $5,170 on SPX to go back long. 

The chart on the 401k KISS Trend tab says it needs $5,170 to go back long, did it change?

WOW! This has been a wild roller coaster the last 2 hours and I apologize to everyone for having to listen to me rant as we're now back to red on the day. It's so crazy how things like this can cause SO MUCH volatility these days and I like how you guys said that these Fed interviews used to mean nothing.

Oh, I definitely do sound like that mastermind and that's only because I've been short and losing my ass the last few months. I think we will crumble soon and I'm just too early (kinda like Blurry LOL)...    with that said, once I sell these shorts soon, I will be full bull for the long term. I can't keep taking these big bearish bets if I ever want to retire early.

BS ANSWER JP! The current rates are not doing their job because inflation is increasing again. Just because we don't have the super high rates we saw 2 years ago, doesn't mean they still aren't high and getting better! People believe this TRASH and JP has gotten so good at the narrative. Just raise the Fed Rate to 7% and lets get this over with! The lower and middle class is going to get demolished soon and there will just be extreme gap between lower class and upper class soon with the middle class non-existant. 

mla127, are the volume bars in the last 10 mins of each day normal?

steve, I wish I could day trade but I can't with my job, my work is being hindered by me on here at this moment. Even if I knew how to read all the charts, I can't all day sadly...

I understand the demand zones and we've been in them all day and then JP starts talking and that means a 1% bounce. It wouldn't have bounced off the demand zone like this if there was no conference today but I'm sure it would still go up but gradually.

So buy SPXL every time JP talks, got it!

I'm hearing nothing positive in his press conference but people still want to pump when he talks....   SMH

Thanks for the feedback and book reco, Matt!

I understand your technicals and trust you guys, I just wish I had your emotional bandwidth because my emotions run HARD and I feel like now we're just going to skyrocket to new ATHs. My personal issues are why I've never been a successful trader.

From SPX down 1.6% today to AH being up almost 1% is WILD!

Any way to implement a "like" button on the community so I can like certain posts without responding "good one" or "thanks" to a bunch of them? No pun on META...

I was thinking the same exact thing as I wonder if this will bounce back to even by lunch time. I hope it holds...

The bad part is that I'm not following the STS KISS system yet and have learned the very hard way that I should have been this entire time. Once I take all my losses on this short, the STS KISS is my only path forward.

Brother, I need the SPX around 4650 to break even on my shorts, I really sh!t the bed on my end and have learned to just follow the systems and stop thinking I know what I'm doing on my won.

It can be hot or cold and it'll spike the S&P another 1%, especially with today being a down day. Every down day is just a rubber band pullback for the next bar up.

It didn't like it initially and now it loves it. Such weird moves. I hope JP keeps raising rates until we get to 10%.