Critical Core PCE inflation arrives tomorrow, Thursday, at 8:30 am EST, followed by Chair Powell’s speech in 4 days on Sunday at 8:30 pm EST and ISM data Monday at 10:00 am EST. Next Wednesday at 8:15 am EST, ADP employment change tests labor resilience amid stagflation fears. Traders should hedge ahead of Thursday's PCE; a hot print may spike yields. Monitor Monday's ISM for recessionary signals and use tight stops during Powell’s remarks.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.