DailyPlay Updates – November 14, 2023

Every investor has their eyes on the CPI print this morning that is set to release at 9:30AM to provide a better outlook to the Fed’s interest rate path. While we do not expect to see a significant surprise in the number, there has been a meaningful uptick in inflation in Oct that will show that the fight to 2% isn’t done just yet. While we wait for this important economic number, we will refrain from adding any further exposure in our DailyPlay portfolio. There are 2 positions that a potentially near take-profit levels, TMUS and UAL, which we will monitor closely after the CPI print and send out an alert if necessary intraday to close them out.