The CPI Inflation Report was right where I predicted
Hotter than expected Inflation numbers caused a sell-off in equites
In my newsletter article published yesterday, I predicted that the CPI report would show that inflation was running hotter than the predicted 3.6%. I traded this by buying put options on the SPY Index. I was correct, inflation came in at 4.2%, much higher than predicted.
This trade netted a significant increase in the premiums of the put options on SPY. I netted nearly 42% gains on my SPY puts since Friday.
These alerts normally only go to paid subscribers. If you are interested in getting trade alerts like this to follow along with how I am trading this market, sign up to be a paid subscriber. The link below offers a 12 month subscription at a 10% discount.