Replies to post #253215 on SPDR S&P 500 (SPY)

[imiloa]

risk, welcome to the morning feeding frenzy!

re: CPI,
FOMC already confirmed march rate hike yesterday.
that gut punched my SPY calls intraday.

imo, the key issue is whether +0.25% or +0.5% (or more?)
and that's what gave SPY pause for thought at 8:30am today.

tho, seems like SPY is shrugging it off
and back to the pre-8:30am game plan of gapping up and running...