@TraderJonesy While you are incredibly good on calling short term movements I would be interested to see if ur December SPY levels come true. That would bring a different level of respect for ur work.
@TraderJonesy They are predicting 0.53 for total CPI and 0.2 for core, which is at or below what is predicted (0.6 for CPI and 0.2 for core). Core is down MoM.
@TraderJonesy Cleveland Fed NowCast is great at predicting inflation over next 2 months. Based on their numbers data will match expectation, so I dont expect a major market move. https://t.co/qLFbC3SCAt
@TraderJonesy NowCast from Cleveland Fed does a great job of projecting CPI and PPI over next 2 months. For September they are predicting 0.53 for total CPI and 0.2 for core CPI, both numbers are at or below what is predicted. The hard part is market reaction to numbers that match expectation.
@TraderJonesy You are the only Guru that actually posts what you are going to do before you do it. Thank you for all the education and clear explanation . I still don't think SPY makes 712 by end of the year. Bullish unwind needs strong catalysts, but you are definitely better than me at this.