PPI Meets Mideast

S&P 500 pushed higher as per weekend premium predictions, and then the warning about Iran disrupted the bulls. Weak risk-on gave way to fast selling and then cautious trading range. And today we have PPI, which I‘m not looking to dramatically move markets one way or another, but have an opinion on what the figure will do to rate cutting prospects, ES, NDX and IWM (premium).

 

Here is VIX to illustrate the cautious entry to today.

(Click on image to enlarge)

S&P 500 and Nasdaq

Keep enjoying the lively Twitter feed via keeping my tab open at all times (notifications on aren’t enough) – combine with subscribing to my Youtube channel, and of course Telegram that always delivers my extra calls (head off to Twitter to talk to me there), but getting the key daily analytics right into your mailbox is the bedrock.


More By This Author:

SPY Breadth And Underperforming Bonds
Unemployment Claims Magic
Told You So, Buyers

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