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Hot US Inflation Jolted Markets, But Key Levels Held. What's Next?

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ticker lesson

Breakdown

0:09CPI· ticker

CPI data shakes markets, Fed rate hike expectations

  • US inflation data shook markets
  • Investors rethink Fed's rate hike preparedness
  • Impact filters across stocks, currencies, metals, rates
2:46Fed· ticker

Fed's rate hike expectations and inflation data

  • CPI month-on-month increase 0.4%
  • Year-on-year data unavailable due to 2025 shutdown
  • Core numbers match September at 0.3%
5:29CPI· ticker

CPI three and six-month annualized rates

  • Three-month annualized rate 5.7%
  • Six-month rate 3.07%
  • Core three-month rate 3.75%
7:54CPI· ticker

Services inflation and goods price trends

  • Services inflation steady climb since June
  • Goods prices inch down
  • War effects on supply chain costs
10:26S&P 500· ticker

S&P 500 negative response to inflation data

  • S&P 500 came off support-turned-resistance level
  • Rebound as close approached
  • Negative overall response
13:04NASDAQ· ticker

NASDAQ negative reaction to inflation data

  • NASDAQ down, came off support-turned-resistance
  • Not ready to break below 27,500
  • Negative overall response
13:05Bonds· ticker

Bonds negative response to rate hike expectations

  • Bonds negative response as rates rise
  • Unclenching without crossing critical levels
  • Hold at key levels
13:06Gold· ticker

Gold sharp decline but holds at 4,000

  • Gold sharp move lower
  • Holds at 4,000
  • Intraday range not taken out
13:07Silver· ticker

Silver holds at $51, no break in range

  • Silver holds at $51
  • Intraday range not taken out
  • Sell-off but no break
13:08USD· ticker

Dollar mixed response to inflation data

  • Aussie down to bottom of range
  • Positive RSI divergence
  • Euro stronger with hotter inflation
13:09GBP· ticker

Pound shows wear but holds levels

  • Pound shows wear and tear
  • Holding swing low from late last week
  • Positive RSI divergence emerging
13:10CAD· ticker

Canadian dollar struggles at critical levels

  • Dollar stronger, CAD struggles
  • Running into critical levels
  • Struggling to make lasting headway
13:11USD· ticker

Market sentiment on inflation and Fed policy

  • Markets not ready to run away from hot economy
  • Buoyancy in demand fueling growth
  • Consumption is five times larger than investment
13:12Gold· ticker

Long gold position despite data stale

  • Still holding long gold position
  • Mixed view on dollar
  • Long euro, pound, short Aussie, CAD
13:13Bitcoin· ticker

Bitcoin as a lottery ticket with max loss

  • Still holding stale Bitcoin position
  • Max loss, either expire or bounce
  • Large short position in NASDAQ
13:14S&P 500· ticker

S&P 500 and NASDAQ pullback expectations

  • Still long bonds, expecting larger turn
  • Long S&P 500, NASDAQ pullback
  • Long silver 100 ounce futures
13:15USD· ticker

Anti-dollar turn and long positions

  • Long dollar positions may come off first
  • Anti-dollar turn brewing
  • Still holding Bitcoin position

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