🚗Inflation In For A Landing?

[] [The daily rundown of everything happening at Option Pit.]( [.]( MARK-et Open Hey OP Crew, Griff here with the Chart of the Day. Inflation data is front and center this week with Consumer Price Index (CPI) on Wednesday and Producer Price Index (PPI) on Thursday. Meanwhile, Global Air Fares have taken off. This may mean we get our second consecutive beat on inflation following the hourly earnings +.2% upside surprise on Friday. [ Another beat on inflation could fuel a correction in gold, presenting a buying opportunity later in the week near the 1950-60 area. Let’s Go! [ MARK IN THE MEDIA [( [ - OPTION SHOPPER: TSM May12 84 calls closed for a 46% gain Want to find YOUR winning fit? Give our Customer Care Team a call at 1-888-8772-3301 Monday-Friday from 9 a.m.-5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:support@optionpit.com?subject=) VIX Edge: How Low Can You Go? The Option Pit VIX Traffic Light Is Yellow: Volatility is likely to move wildly. And I am back! After an incredible week-long event in Chicago at our Live Conference, I have plenty to talk about over the next few days. But I actually want to start with Friday’s trading. On Friday, the S&P 500 boomed higher by 75%. This was after a week of serious movement. Yet, VIX managed to close right back near 17, closing at 17.19. Could we be heading to a new low for the index? Maybe … or maybe not … [Click here to see how to trade it for the week.]( - Mark Power Income: Buy Gold On Strong CPI/PPI This Week Last week’s Fed meeting, payroll’s number and regional bank’s market gyrations have shifted the market narrative. Do not put any faith in economic numbers – they are packed with revisions and distortions meant to confuse you and get you off-sides. The regional banking crisis will most likely moderate for a while, driven by the large Wall Street banks who have their own agenda. You see, Wall Street and their dealer desks are creating conditions ideal for a melt-up scenario in the near-term, prior to a massive deflationary spiral in the second half of the year. [Today, I’ll share why Gold is the key signpost for knowing the melt-up is on motion and when to jump on board.]( - Griff AG's Views: CPI, Oh My! From the desk of Option Pit Director of Education Andrew Giovinazzi I say this because VIX took another drubbing today with VIX up on the Weekend Effect in the morning, only to drop by midday Monday. There might be a Debt Ceiling Crisis, but for now VIX is in danger of dropping below 17 and possibly into the 16s for Wednesday morning’s number. [ The consensus is that the Fed is done raising rates for now. But they might keep it going if Congress does not get the message. After all, this inflationary cycle was created by the Fed and Uncle Sam creating and spending too much money. Will they get the message? Who’s to say? It’s also putting a hardtop on stocks since they won’t go anywhere while the Fed can still raise. Historically, stocks don't find a rally until the inflation is licked. We’ll see on Wednesday … - AG OPTION PIT GLOSSARY [( There are plenty of terms in the trading world that need defining. The [Option Pit Glossary]( is here to help. Today's phrase is: Inflation trade: This is in reference to an economic environment that has accelerating growth and inflation. An investor should consider being long stocks in the energy, Industrials and materials sectors as well as commodities. That would be a portfolio built for an inflation trade. [( DISCLAIMER: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. The materials presented from Option Pit LLC are for your informational and educational purposes only. 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