Day Trading Digest: Daily Stock Ideas 4/11/2024

Nasty market today. Big dump on CPI most of the damage was in IWM and the smidcap sector. the QQQ finished own 1% which is fairly tame all things considering. We are sitting right on the 50sma on the QQQ with PPI coming up tomorrow.Guys this is not the market to take on big risk or size. Its a scalpers market and even that is hard. I am at half size risk for now and often mid day even half that. You catch a buck or two here or there take it and move on. The conditions will speed up very soon.THURSDAY, APRIL 118:30 amInitial jobless claimsApril 6217,000221,0008:30 amProducer price indexMarch0.3%0.6%8:30 amCore PPIMarch0.2%0.4%8:30 amPPI year over year--1.6%8:30 amCore PPI year over year--2.8%8:45 amFed Gov. Michelle Bowman speaks12:00 pmBoston Fed President Susan Collins speaks12:45 pmChicago Fed President Austan Goolsbee speaks1:30 pmAtlanta Fed President Raphael Bostic speaks[embed]https://youtu.be/CKry3jbS30o?si=4ATaC3zw-Ec7NbXF[/embed]