In this video, we discuss the huge sell-off we had yesterday after the “hot” CPI numbers. The market did not like this at all and we are now in a holding pattern until we hear from the FED next week. Will they raise rates .50 or .75 or more, and how would this affect the market?
In this video, we discuss the huge sell-off we had yesterday, after the CPI numbers came in “hotter” than expected. The market did not like this at all and we are now in a holding pattern until we hear from the FED next week. Will they raise rates .50 or .75 or more and how would this affect the market? We talk about the trajectory of the market and where we might go. Lastly, we go over an end of day trade idea that worked today, and also a set up for tomorrow that you can still take.
Today the roll shows complete for that which will roll. The rest is left to cash settle. We still have two more reports and OPEX ahead to wrap up the week. Additionally, I’d like to update the line in the sand, and should it hold, the next bearish target as I see it.
Check this video out to see how we are navigating our way through extreme chop and rough volatility with hedges and big swings.
Some key levels were finally broken in a few setups I have been stalking. Now that they are triggering, here is a few ways you can trade them.
In this update, I explain how the hot zone of the CPI moved expectations for Fed Fund Target Rate Probability and what they really mean. As well as why the media and analysts want to scare you into thinking all this is far, far worse.
Is this the beginning of a bigger move downward? Not so far. I explain why and what charts and setups are on my radar.