Metals Surge, Inflation Ticks Up, and All Eyes on the Fed

In this episode of Rolling Trades, Senior Market Strategist Alexander Turro breaks down the latest CPI data, highlighting a mixed inflation picture with rising food and core goods prices. He covers the sharp moves in commodities—silver hits a 14-year high, copper reaches all-time highs—and explores the macro forces at play, from a weakening U.S. dollar to China’s infrastructure push. Plus, Alexander dives into the technical setup of the S&P 500 and previews key market catalysts ahead, including earnings season and the upcoming Fed rate decision. Stay tuned for critical insights to guide your trading strategy.TIMESTAMPS:00:30 – CPI Breakdown & Inflation Drivers01:10 – Stagflation Outlook & Reflation in 202501:45 – US Dollar Drop & Global Tailwinds02:25 – Dollar Rebound vs Commodity Resilience02:50 – Silver Hits 14-Year High03:25 – Copper at All-Time High & China’s Q3 Rebound04:10 – Metals Strategy: Buy the Dips04:30 – S&P 500 Wedge Formation & Flow Mechanics05:10 – Positive Gamma & Dealer Positioning05:35 – Market Dispersion & Goldman Short Note05:55 – Looking Ahead: Fed, Earnings, Jobs Report