FOMC RATE DECISION ABOUT TO CRASH THE MARKET?!?
In a Nutshell
Markets are selling off after hotter-than-expected PPI (3.4% vs 2.9%), rising Middle East tensions boosting oil, and ahead of today's 2pm ET FOMC rate decision (100% chance of pause, possible hike). Short Micro Strategy for +$5k gains; reduce exposure, take profits, and watch Powell's press conference tone for hawkish/dovish signals that could crash or reverse markets. Join live YouTube stream; beware impersonators—only official LPP team for live trades.
These notes were generated by AI and may contain inaccuracies.
Wild start to the day. Quick market update before the FOMC rate decision. In today's live trading session with the LPP team, up over $5,000 on the day from shorting Micro Strategy as it sells off and gives back all gains from this week. Not just Micro Strategy selling off—everything is selling off. No surprise given today's PPI report in pre-market, discussed yesterday.
PPI came in at 3.4% versus expectation of 2.9%. Core PPI at 3.7% versus expectation of 3.7%. Overall PPI higher than expected (3.4% vs 2.9%), but PPI has never been too important to the market. Supports case that market is incredibly weak right now, though irrational upward moves past two days for no reason.
Middle East Tensions and Oil Prices
More news of attacks in Iran or from Iran, increasing Middle East tensions. Oil prices pushing higher. Oil prices dropped and markets rallied only because Trump tweeted that the Iran war was over. Now seeing continuous attacks and greater escalations. Understand significance of Trump's tweets and their influence, but little long-term merit. Tensions still rising, especially leading up to today's FOMC rate decision. Not looking good.
Today at 2:00 p.m. Eastern time (11:00 a.m. Arizona time), one of the most important reports this month and week: FOMC rate decision, followed by press conference 30 minutes later. Live streaming it for free on YouTube channel—subscribe and turn on post notifications (bell next to subscribe button).
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