CPI is released today and PPI tomorrow. So far the monthly range in July in the stock indexes has been at levels not seen since the summer of 2019. After managing extremely high ranges earlier this year we are now trading with ranges much smaller than average.
It could be the calm before the storm. They say don't short a dull market and if the Administration gets what they want with Fed Funds rates, one way or another, it could generate a surge higher in both asset prices and inflation.
The economic reports today and tomorrow could generate some expanded trading ranges.
The hypothetical results for the Stock Index Portfolio 18 yesterday was -$3,190 per E-mini and the hypothetical results for the Two System Portfolio was -$770.
The Portfolio Calculator has been updated through yesterday's trade to download and see the latest results.