Monitoring Key Economic Data for SPY

Stay ahead of CPI, PPI, and FOMC shocks to trade index volatility like a pro.

(Bureau of Labor Statistics)

* Headline & Core CPI, plus PPI, sourced from the U.S. Bureau of Labor Statistics.

The S&P 500 rips or dips on macro prints. Know the schedule, understand the mechanics.

CPI & Core CPI: Inflation beats/misses reshape Fed expectations and shift equity risk-premium.
PPI: Upstream price pressure often foreshadows future CPI moves—watch revisions too.
FOMC Rate Decision & Powell Presser: The dots, statement language, and Q&A can re-price terminal rate odds in seconds.
NFP & Unemployment Rate: Labor surprises swing growth outlook and yield curve—indices follow.

Plan the trade before the number drops:

Implied Move: Check weekly SPY straddle pricing to gauge expected range.
Position Sizing: Cut size by 50-70% ahead of binary events; liquidity can vanish.
First Reaction vs. Real Move: Fade knee-jerk spikes that stall at key VWAP/AVWAP levels.
Vol Crush Exit: Post-release IV collapses—harvest theta by selling premium if direction aligns.

Keep these feeds on a second monitor:

Trading Economics Calendar: Real-time print vs. consensus plus historical charts.
CME FedWatch: Instantly see how rate-hike odds shift after data.
Bloomberg ECON GP: Professional-grade release tracker with surprise indices.
ForexFactory: Color-coded impact levels and community reactions.