Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance Next week is going to be a doozy! The Federal Reserve is meeting on the 13th and 14th, and the consumer price index data (which measures inflation) is going to be released on the 13th. In short... WOW! This is a short-term trader's dream! Recent history shows that the market has moved between 3% and 5% in the days immediately after a Fed meeting or a CPI release. Both occurring at the same time is almost unprecedented... and is sure to confuse the heck out of everyone. But the truth is... Confusion equals volatility. So, how are you going to play this? Are you going to sit it out? Or are you ready to engage in a possible monster move up or down? |
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