Payrolls Have Been Surpassed

Hey Traders,


The non-farm payrolls were released today


In the past this was by far the most important day on an economic calendar.


It is not anymore.


Now … markets are driven by the Federal Reserve.


And that’s why the Fed has passed non-farms in importance.


But believe it or not, not even the Fed is moving markets as much as the top economic announcement.

 

Consumer Price Index (CPI) is now THE  most important economic data point/


In this chart I have dropped a green line on all the CPI data points in 2022



You will notice that at each point the market either continues a move only harder…or completely turns around.


For the most part it hase led to sell offs … but it has also sparked huge rallies..


So what is the point?


Non-farms might start a one day move … 


But if you want a trend, trade off CPI


If the market rallies there will be several days to profit. If the market falls, ditto.


That’s EXACTLY how Licia Leslie has racked up gains of 76%, 39%, 113%, 156%, 124% and 142% over the past six months by trading around CPI.


And guess what? The next CPI number is out next week.


Your timing couldn’t be better.


Your Only Option,


Mark Sebastian

Founder & CEO
Option Pit

Mark Sebastian

Mark Sebastian

Mark Sebastian is a former member of both the Chicago Board Options Exchange (CBOE) and the American Stock Exchange (AMEX), where he spent years mastering the art of options trading in the most competitive environment imaginable. As Chief Investment Officer at the hedge fund Karman Line Capital, Mark manages sophisticated options strategies for institutional clients. He is the author of two highly regarded books on options trading: ‘The Option Traders Hedge Fund’ and ‘Trading Options for Edge.’ Mark is a frequent guest on major financial networks including CNBC, Fox Business News, Bloomberg, and First Business News, where he provides expert commentary on market volatility and options strategies.

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About the Author

Mark Sebastian

Mark Sebastian

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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