Saturday, December 16, 2023

Market momentum favors the bulls.

The CPI, as you know, is the most widely used measure of inflation.

A slight increase or significant decrease suggests slowing inflation — which bodes well for the economy and tilts market momentum in favor of the bulls.

This is precisely what happened following the latest CPI report this week.

And why we're seeing more high-probability setups inside Big Energy Profits.

In case you missed it, here's a quick summary of the whole story.





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It's Been One Week Since I Told You To Take Profits from the SPY (The World's Largest and Oldest ETF)

 
I sure hope you listened because here's what's happened so far:

Following the Fed's decision to pause rate hikes, the SPY rose to 470.76.

In other words, you made money whether you bought call options or sold a put.

It's now at 469.33 but still delivering gains we haven't seen in nearly two years.

For more insight, see how we're structuring our trades for end-of-year profits.

To big profits and beyond,

 

team1@hawkeyetraders.com
bigenergyprofits.com


Call us: (888) 233-8598

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