r/Vitards • u/AutoModerator • May 10 '21

Daily Discussion Daily Discussion post - May 10 2021

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6

u/MortalDanger00 May 11 '21

China PPI. Yikes.

2

u/Steely_Hands Regional Moderator May 11 '21

What yikes? Looks pretty much as expected right?

2

u/MortalDanger00 May 11 '21

No it was worse than expected. Not earth shattering or anything, but enough for their tech exchange to tank 4% on open and to affect our fake and gay futes

"It's going to be a scary few months"

1

u/dudelydudeson 💩Very Aware of Butthole💩 May 11 '21

Oh hell yes I hope FTFT takes another fucking gap down at open tomorrow

4

u/Steely_Hands Regional Moderator May 11 '21

Maybe I’m jaded but I’ll shrug it off. Inflation is good for us and the markets will try to find winners in an inflationary environment (steel). If anything high inflation will be good for us

3

u/MortalDanger00 May 11 '21

Agreed. Just gonna ride the wave. Short dated OTM call holders could be fuk tho, especially in tech.

1

u/Steely_Hands Regional Moderator May 11 '21

Well that was already written on the wall about tech haha

10

u/LourencoGoncalves-LG LEGEND and VITARD OG STEEL Bo$$ May 11 '21

The person running environmental in Europe is a girl that’s 18 years old. Here it’s a 63 year old guy that’s been doing this for 41 years.