Hot PPI Sparks Early Move
by Tony Rago
PPI came in hotter than expected, breaking price out of the overnight chop. Now it’s about seeing how stocks handle it once the cash session kicks in.
VIX needs to wake up if we’re going to get any real momentum. We’re coming off fresh all-time highs that haven’t been retested, so—believe it or not—the bears might actually have a shot to put something together today.
Same plan: let the open settle, establish the range and initial balance, then trade what’s in front of you.
Full breakdown’s in the Pre-Market Playbook below.
