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Market Pops On CPI

The U.S. Consumer Price Index (CPI) came in at +0.3% instead of the expected +0.5% and the market is popping on this cooler than expected reading.

Is this a legitimate move? Is the market going to have a bull run and will the Federal Reserve now pivot?

Still too early to say, since we need to see how today is digested. Heck, even a few days to see how it’s digested. But when I look around out there, the market is still generally weak and I would be cautious about being too bullish.

Let’s dive in a little more:

The final quarter of this year is full of economic variables influencing the stock market. How do you trade this market through the end of the year?

Members of my Moxie Indicator™ Mastery Program learn how to combine fast-moving signals and track movement as the market flips and flops in the volatility. Join us as we track the profit opportunities!

Your Profit Pilot, TG

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