Another CPI Pop And Drop

2023-05-10 / Bruce Marshall

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In this video, we discuss another wild ride for the markets today after CPI came out this morning. We had two big reversals intraday today and a 60-point swing in both directions. One thing to notice is that the VIX actually went down today and is near the year low, so it appears there is not a lot of fear in the market. What do we make of this and how do we trade it?

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Bruce Marshall

Bruce began his career working for a Wall Street firm on a bond desk after the Crash of ’87. He spent several years trading bonds until he switched to the equity side which developed his love of trading equities and options early on. He traded IPO’s, secondaries, and preferred’s. In the early days, he actually had to hand write “tickets” to buy and sell securities.

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