CPI In Focus As Market Teeters on Key Levels | Individual Stock Setups Are Back
We finally have some good setups in individual stocks.
Our View — Turnaround Tuesday
Today, we’re keeping it simple.
The highly anticipated Consumer Price Index (CPI) will be released this morning at 8:30 ET and is expected to show an 8.4% annual increase in prices, the highest level since December 1981.
With the ES down 4.8% over the last 9 days, it’s my guess that the CPI number is already priced in.