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%.

+1% after a -1% day yesterday, I seriously don't get it and it's driving me insane...

I'd be fine with that scenario LOL!

Probably hit $6k by the time Matt returns. I can't even remember what "bears having the ball" feels like.

There is your 5th wave up LOL, now it's time to turn down...

Market went from -.3% to +.3% on this and it was flat, odd

Good point Digi, I'm not fundamentally sound enough for these short-term ideas and don't know exactly when they trigger. Also, work is usually too busy for me to watch for triggers and exits all day so maybe I should just avoid them.

Hey Matt, when there are trade ideas in the newsletters, can you guys then add those to the KISS Tables? I couldn't find AZUL and BW but I thought it would be cool to see when they trigger on the tables and then follow STSs.

Just another slingshot waiting to be released on Tuesday, that's what every down day has been since end of Oct.

Yeah I think $6T on the sidelines is a little misleading but we definitely are crashing up and the the govt will continue to print money to pay all these debt payments. No idea when it ends or if we go into a catabolic hyperinflation period like Japan did back in the day.

That is pretty interesting and not that far-fetched. I'm also reading that so many people and companies these days are trading using algos and auto-trading systems that you can't try to fight them as they'll just out-perform and eat up all your mistakes to keep the train going in the right direction.

There is not a damn thing in hell that will slow this market down! Not even something catastrophic. I have $200k in dry powder on the sidelines and I'm about to just dump it all in at this point, the pullback isn't coming!

That does make a ton of sense Digi, it seems like everyone's reaction the day of data is that rate cuts might get pushed back and then it just releases the rubberband the next day or 2 as inflation is good for stocks, like you said. It's overreaction and then correction and I'm left holding the bag again...

UNG is already in the KISS STS Tables and BOIL is just a leveraged version of UNG so you can trade BOIL when UNG goes long if you want. It's not going to have KOLD on there as the KISS tables aren't for shorts.

CPI came in HOT HOT HOT on all fronts!

Someone once told me the market doesn't only go up, boy were they wrong...