SPY REWEIGHED CPI

Another big week ahead but nothing bigger than CPI and it’s different this time I’m expecting a big head fake with the new way they are calculated. This report will be tricky to understand due to the changes since it will no longer be based on 2 year data it will be 1 year data which is good I think. Energy, cars and homes will be less which is good we don’t buy a car every month right but gas and energy are still going up. The biggest thing is keeping an eye on bonds for Monday if we jump again on the 10 year say 3.8 we will have markets go down. But Tuesday we could see equal or higher number on CPI which could send the market down. Also a lot of the revisions have come in for past cpi numbers which show higher inflation than reported seems like the big picture is coming in play the dollar looks like it wants to take off. I should have typed this up earlier it’s been a busy weekend the game is about to start see you y’all tomorrow
As always trade what’s in front of you