Hot CPI Fuels Inflation Concerns: Will the Market Shift, and Friday’s PPI?

Join me at 9:15 a.m. ET for “Morning Monster”!

I’ll be live at 1 p.m. ET TODAY to show off my “Options-Trading Algo” that’s hit on 30 of 35 trades — snag a few for yourself! Hot CPI Fuels Inflation Concerns: Will the Market Shift, and Friday’s PPI?  Producer Price Index inflation numbers are out at 8:30 a.m. ET this morning before the market opens, and on the heels of Thursday’s hot Consumer Price Index data. Third-quarter earnings start picking up next week...  Come join me as we dive in and see what is moving!  Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.  Hot CPI Fuels Inflation Concerns: Will the Market Shift? The CPI report came in hot Wednesday morning, and the market reacted as you'd expect: a little knee-jerk, but nothing major.  Core CPI came in above expectations at 3.3%. Regular CPI also a bit high, and the year-over-year number ticked up to 2.4% — just above the forecast of 2.3%. I was actually expecting a 2.5% number, and we got close.  Now, the market is still biased to the upside despite this. Sure, we saw some quick reactions, but overall sentiment hasn't shifted dramatically. We’ll have the latest Producer Price Index data this morning — which we’ll discuss on “Morning Monster” at 9:15 a.m. ET! — and if that comes in higher than expected, we could see a more significant market move.  But remember, PPI typically leads CPI by three to six months, so don’t expect an immediate inflation spike in reaction to today’s 8:30 a.m. ET report. The jobs data has also been spicy of late...  We had jobless claims at 258K, and that continues to show some resilience. With inflation still running hotter than predicted, all eyes remain on how these numbers will feed into the Fed’s next moves.  Rate cuts are still the prevailing narrative, but with numbers like these, they may hold off a bit longer. So for now, the market remains poised for more upside. But if these inflationary signals continue to build, especially with a hot PPI on the heels of a hot CPI, we could see a shift in the narrative. Keep your eyes on the bigger picture — because the game is far from over. Today’s Daily Chart Setup: Everest Group (EG)     This idea came directly from my Daily Chart Setup that automatically signals potential plays.    • EG is a new potential entry. Target: 412.87 Stop below: 367.8 • EG has a historical win rate of 83.33% • EG has a profit factor of 2.205 • EG trades last 33 trading days on average over 30 trades since 1995. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. You can find full details on exactly how this works by scrolling down further in this newsletter.  Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And please hit that Subscribe button on my YouTube page! _____________________________________________________ LIVE at 1 PM ET: My ‘Options-Trading Algo’ Has Hit on 30 of 35 Winning Trades!   The Consumer Price Index came in hot Wednesday, and now the Fed might delay future rate cuts. That’s why I’m expecting a big spike in market volatility as we get closer to the November elections. But the good news is… Volatility is perfect for my new automated “Options-Trading Algo”!  Since Tuesday, it’s been on fire — alerting 30 winners out of 35 trades. And those who have been following along have been crushing it…      That’s why I’m going live at 1 p.m. ET today to show you exactly how the algo targets 50% gains in 60 minutes or less, up to 10 trades a day! Of course, I can’t guarantee future returns or against losses… But you’ll get to watch over my shoulder and take any trades as they come — for free, of course!   Can’t Wait to See You There! The profits and performance shown are not typical and you may lose money. From 7/10/24 - 10/6/24 the result was a 74.2% win rate on 686 trade signals with an average hold time of less than 24 hours on the underlying stock. Performance is not indicative of future results. Trade at your own risk and never risk more than you can afford to lose. _____________________________________________________ How the Daily Chart Setup Works   Here’s a more detailed description of how the pattern triggers:   1. The price breaks upward through the orange Market Roadmap Line.  2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.  3. Once it touches the line and starts moving back up, that signals an entry.  I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! Please check out my channel and hit that Subscribe button! I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.  *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

I’ll be live at 1 p.m. ET TODAY to show off my “Options-Trading Algo” that’s hit on 30 of 35 trades — snag a few for yourself! Hot CPI Fuels Inflation Concerns: Will the Market Shift, and Friday’s PPI?   Producer Price Index inflation numbers are out at 8:30 a.m. ET this morning before the market opens, and on the heels of Thursday’s hot Consumer Price Index data. Third-quarter earnings start picking up next week...    Come join me as we dive in and see what is moving!    Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.    Hot CPI Fuels Inflation Concerns: Will the Market Shift?   The CPI report came in hot Wednesday morning, and the market reacted as you'd expect: a little knee-jerk, but nothing major.    Core CPI came in above expectations at 3.3%. Regular CPI also a bit high, and the year-over-year number ticked up to 2.4% — just above the forecast of 2.3%. I was actually expecting a 2.5% number, and we got close.    Now, the market is still biased to the upside despite this. Sure, we saw some quick reactions, but overall sentiment hasn't shifted dramatically. We’ll have the latest Producer Price Index data this morning — which we’ll discuss on “Morning Monster” at 9:15 a.m. ET! — and if that comes in higher than expected, we could see a more significant market move.    But remember, PPI typically leads CPI by three to six months, so don’t expect an immediate inflation spike in reaction to today’s 8:30 a.m. ET report.   The jobs data has also been spicy of late...    We had jobless claims at 258K, and that continues to show some resilience. With inflation still running hotter than predicted, all eyes remain on how these numbers will feed into the Fed’s next moves.    Rate cuts are still the prevailing narrative, but with numbers like these, they may hold off a bit longer.   So for now, the market remains poised for more upside. But if these inflationary signals continue to build, especially with a hot PPI on the heels of a hot CPI, we could see a shift in the narrative. Keep your eyes on the bigger picture — because the game is far from over.   Today’s Daily Chart Setup: Everest Group (EG)     This idea came directly from my Daily Chart Setup that automatically signals potential plays.    EG is a new potential entry. Target: 412.87 Stop below: 367.8 EG has a historical win rate of 83.33% EG has a profit factor of 2.205 EG trades last 33 trading days on average over 30 trades since 1995. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.   You can find full details on exactly how this works by scrolling down further in this newsletter.    Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!   And please hit that Subscribe button on my YouTube page! _____________________________________________________ LIVE at 1 PM ET: My ‘Options-Trading Algo’ Has Hit on 30 of 35 Winning Trades!    The Consumer Price Index came in hot Wednesday, and now the Fed might delay future rate cuts.   That’s why I’m expecting a big spike in market volatility as we get closer to the November elections.   But the good news is…   Volatility is perfect for my new automated “Options-Trading Algo”!    Since Tuesday, it’s been on fire — alerting 30 winners out of 35 trades.   And those who have been following along have been crushing it…    That’s why I’m going live at 1 p.m. ET today to show you exactly how the algo targets 50% gains in 60 minutes or less, up to 10 trades a day!   Of course, I can’t guarantee future returns or against losses…   But you’ll get to watch over my shoulder and take any trades as they come — for free, of course!   Can’t Wait to See You There! The profits and performance shown are not typical and you may lose money. From 7/10/24 - 10/6/24 the result was a 74.2% win rate on 686 trade signals with an average hold time of less than 24 hours on the underlying stock. Performance is not indicative of future results. Trade at your own risk and never risk more than you can afford to lose. _____________________________________________________ How the Daily Chart Setup Works   Here’s a more detailed description of how the pattern triggers:   1. The price breaks upward through the orange Market Roadmap Line.    2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.    3. Once it touches the line and starts moving back up, that signals an entry.  I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!   You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places!   Jeffry Turnmire Jeffry Turnmire Trading   I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!   Please check out my channel and hit that Subscribe button!   I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.   I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.    *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub