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Let’s clear up the CPI confusion...

From

evolvedtrader.com

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mark@evolvedtrader.com

Sent On

Thu, Oct 13, 2022 09:00 PM

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Few predicted this… 10/13/2022 Let’s clear up the CPI confusion… Hey, Heading into th

Few predicted this… 10/13/2022 Let’s clear up the CPI confusion… Hey, Heading into this morning, everyone on the planet who follows the stock market was waiting for one thing… The consumer price index (CPI) report, a key measure of inflation in the U.S. economy. And it once again showed that the prices of goods and services are continuing to rise… But before we get into today’s reading, let’s look at recent history for some perspective… Two months ago, the July CPI report came in at [8.5%]( representing a 0% month-over-month increase in the prices of goods and services. The market [rallied]( in response, with the S&P 500 ETF Trust (NYSEARCA: SPY) surging to a high of $429. The following month, the August CPI numbers came in at [0.1%]( representing a 0.6% month-over-month increase… Unlike July, the market reaction to the August numbers was overwhelmingly negative. The SPY was down a whopping 3% intraday following the print, placing us right back into the overall downtrend. This brings us to today’s CPI report, which showed [0.6%]( core inflation — higher than analyst expectations, but exactly the same reading as August. And this time, the market reaction has been absolutely mind-boggling… After opening down more than 2%, the SPY soared into a bullish frenzy, erasing all of its morning losses to complete a full red-to-green move. (The index is currently up 1.52% at the time of writing.) How can we make sense of this madness? What does this CPI report mean for stocks moving forward? And what setups are worth watching now that it’s behind us? Let me show you what I’m seeing and tell you how I plan to trade accordingly… [>>Click Here To Read My Thoughts On The CPI Report<<]( Keep evolving, Mark Croock Editor, Evolved Trader Daily P.S. In times as volatile as these, it’s crucial to develop a consistent trading strategy. If you’d like to learn the strategy that’s earned me millions in the stock market, check out my brand-new ebook for free [right here](. sponsored   [Why Tim’s Trading ONE STOCK]( [Before the Weekend Begins…]( Once a week a bizarre market anomaly opens a new trading opportunity… And this small window of opportunity is about to open… [Click here to get ahead of the next trade opportunity now.]( sponsored   [Are you familiar with this trading “loophole?”]( Now, I’m doing it again… But this small profit window closes in a few days… [Click here to see it now before it disappears!]( [Alternate text] 66 West Flagler Street STE 900 Miami, Florida 33130 United States [Click Here To Unsubscribe]( All content in this newsletter is intended for educational and informational purposes only. The material in this newsletter is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following Evolved Trader Daily strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by Evolved Trader Daily to adjust for those fluctuations may change without notice. There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments. You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.

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