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I'll be putting some more into SNAS today. Monday markets for US...

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Karlos360

1,285 Posts.

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13/02/23

08:41

Post #: 66208349
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Originally posted by swaggytrader: ↑

https://seekingalpha.com/article/4577589-january-cpi-report-shock-market
Despite all the warnings from various parts of the markets, the equity market continues to live in fantasy land. It does not appear to be greatly concerned about the upcoming CPI report. Implied volatility for the Tuesday report is just 23.6%, which is well below the readings of 35.8% two days before the January CPI report, 27.95% in December, and 40.7% in November. This suggests that the equity market may not be fully pricing in the potential impact of higher inflation on the economy and equity prices.

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I'll be putting some more into SNAS today. Monday markets for US may go higher but at this point, I'd rather be in a short than standing on the sidelines.

Value at posting: 2,958.8
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