Consumer Price Index data came in hot Friday morning, and the stock market liked it — the initial knee-jerk reaction was to surge higher.
Inflation rose 6.8% from last November — surpassing estimates. This is the fastest annual increase we’ve seen since 1982... I wasn’t even in kindergarten the last time the market saw inflation numbers like these.
Luckily, I’ve been predicting this for months and have the perfect game plan for how to handle this week… Starting with these two charts to watch the week of Dec. 13.
P.S. A lot of traders got caught offside with the big news about the omicron variant on Thanksgiving night. And they’ve been trying to mitigate the damage since...
But right now, I see Wall Street setting up for something massive with VXX, and myRound Trip Trading Club strategy was designed to exploit it.
More importantly, I just issued a new trade to go long VXX again… and I have a great feeling about it!
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