MARKETS,Anybody even yet?

[dinghy]

More MJ for me, now trading at an all-time low below 7. I'm in from about 9. Also own MSOS which is US-only cannabis.

The potheads are afraid of Republicans taking control in November, but the Democrats currently in power take their support completely for granted. This looks like a situation where all the bad news is priced in.

[olds442jetaway]

Just added to my BGS. 71 consecutive dividends. Paying nearly 8 percent now

[FAA]

Worse than yesterday, and tomorrow may be the real hammer drop. My one ray of good news was almost completely erased. Samsung has been rumored to buy a semiconductor, specifically Invidia or NXP. I own both; a larger NXP stake. Today NXP talk was strong; it rose 8.2%. By 4 PM, the selloff smoke cleared. NXP +4%, Invidia -3.2%.

[wildman49]

got some SQQQ at 47.69 holding over night, don't see CPI changing much looking for selling at open then might reverse mid day thats my thought

[FAA]

Quadfather is also the Pickles Pasha. I regret not opting for a traditional, generic portfolio. It was a relief to offload six securities at either a small loss or a gain. It means six less worries.

[wildman49]

Sold SQQQ pre market thought I could get a bit more holding over night not, looking to get back in sold 50.52

[dinghy]

I feel your pain.

CPI 8.6 vs 8.3 expected.

Stocks are selling hard on the news. Gold was already down, but isn't reacting.

SQQQ +5%.

[dinghy]

Just before the release, SLV (physical silver) was -1.5% at 19.65. I was ready to buy if it moved further down on the news, but it went the other direction and is now green.

For a lot of these releases, you could tell me the result and I still wouldn't be able to predict the market reaction. Hot inflation suggests more aggressive rate hikes, which could have been interpreted as bad for precious metals.

I was also considering TLT for purchase, but it's up on the news as the yield curve is nearly flat from 2 years to 30. VGSH at the shorter duration is priced down to 58.88, but I have no cash to buy it.

CNBC headline: "2-year Treasury yield surges above 2.9% on hotter-than-expected inflation report."

[dinghy]

I'm stabbing at VWOB:



Emerging Markets Government Bond ETF. Yield is above 6% and pushing toward 7.

EM countries are notorious for defaulting on debt, but seems to me the developed countries have been more profligate in the current bubble. The EMs are vulnerable to contagion, but I'll hold long-term if necessary.

SQQQ +10% for the session. Gold miners have been epileptic. I'm continuing to add on the plunges and reduce into the rallies because I don't see any logic to the volatility.

[dinghy]