Spree At Last
All Star
this dip the last few days has been due to rising inflation fears which might be unfounded despite the CPI increase today. this article explains pretty well Don’t Be Fooled by April's Inflation Jump. It's Being Driven by Reopening Quirks basically most of the increase came from increased prices of used cars. we'll see if these kinds of increases normalize over the next few months (in which case being long is definitely the play) or whether they continue and do in fact signal higher inflation than the fed can tolerate.getting long puts but should've got them sooner, especially once stocks started selling off after good earnings.