Dan Deming, trader at Stutland Equities, appeared on CNBC this morning giving his interpretation of the CPI data. He feels the new bull market will continue should we hold the SPX mark of 1270, which appeared to have occurred by 9am. Listen more to what Dan had to say on CNBC:
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Are option traders expecting a major sell off in June? $VIX had been smashed today prior to last 30 minutes of trading and then $SPY puts found a bid. #EAVOL https://t.co/dpBynvQkB7
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Brian Stutland