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.
All hands on deck this week. Between the pace of the roll, the width of the gap, the constant news cycle, and the OPEX at the end of the week, there is more than enough on deck to make a difference. Stay alert.
With the news cycle that we have ahead of us this week I will keep a close eye on the US Dollar. Currently it looks to be coming in, but will that change starting tomorrow with CPI? Stay tuned and we will find out.
Inflation data has been a key metric for the market recently and I’m sure tomorrow will be no different. Patterns are constructive, but could look quite different after tomorrow’s open.
In this video, I walk through another way to consider trading SPX in this volatility using wide out-of-the-money vertical spreads. I also discuss a couple of symbols to consider if the news is bullish and causes the market to continue to bounce this week.
This year has been a volatile year for the market, and with big news later this week we could see that volatility spike up once again. In this video, I walk through an options strategy I have been using this year to trade SPX in this kind of volatility.
Market has come down to the decision point for the Final Act. In this video, I show you the path that I believe is setting up into the end of the year.
