Eventually fundamentals do matter. Todays Wholesale Prices number rose 7%. That’s not going to get the Fed to stop raising Fed Funds rates.
Along with inflation growth, retail is pushing stocks such as #TSLA higher via weekly options. Yesterday the #Tesla Feb 17 $215 Calls had a volume print of 174k plus! This is forcing shorts 🩳 to cover intern pushing Tesla higher.
Is the steam engine running out of coal?
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