SPY HERD MENTALITY

Going into CPI on Thursday everyone seems bullish, you know what that means. Max pain. The only reason CPI # has come down is because of housing and used cars which are 3 months lagging or so, prices are still high at the grocery stores look at what’s happening with eggs of all things. We might get a low number but February seems like it will have a surprise in store for everyone. Earnings kicks off on Friday the 13th so lots to unpack at the end of the week. Have a plan and stick to it you never know what happens with this data it’s like a burrito you pick it up take a bite and all the good stuff is on the other end so you tell yourself next time I’ll flip it to get the good bite first and what do you know you were right the first time before you flipped it. I know that’s silly but I swear it’s difficult to gauge these numbers sometimes.
As always trade what’s in front of you good luck