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View from Toronto: Charts We're Watching This Week

03/13/2018 4:20 pm EST

Focus: STRATEGIES

Ziad Jasani

Managing Director and Partner, Independent Investor Institute

This week is about inflation, inflation and inflation! Today, the US CPI (Consumer Price Inflation) and on Wednesday (Producer Price Inflation).  The great U.S. inflation scare may be over--for now, Bloomberg reports. More from Ziad Jasani of the Independent Investor Institute.

View this week’s video commentary here:

video

A hotter than market-expected print on CPI & PPI would push the USD and U.S. Treasury yields up, which in turn would pressure Commodities down, destabilize the Bond market and likely turn the correction-bounce around.

A weaker than market-expected print on the data would do quite the opposite. Our math indicates a higher probability for a hotter print.

chart 1

We ended last week (March 9) with the S&P 500 E-Minis breaking out above resistance of 2,746-29 and the TSX moving into resistance of its 200-day average (15,604).

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Video recorded: 11 am March 12, 2018
Duration: 1:21:56

View the Independent Investor Institute trading ideas and strategies videos here.

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