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August 10, 2022

The July CPI data was lower than expected, coming in at 8.5%, signaling that inflation has peaked. The Fed moves to increase rates seem to be doing it's job, as long as it doesn't slow the economy to a stall. With the peak of inflation seemingly in the rear view, markets shot up today, adding 1.5% to 3.0% for every major average.

Our traders found 2 trade opportunities this week and were able to pull in a 6.2% gain! Have a wonderful week and enjoy the weekend!