The S&P 500 Reversal Day

S&p 500 had a quick drop on the this cpi number which was uh obviously a very negative high inflation number but we reversed it within hours and we're positive on the day what's your take on the markets yeah that was a pretty crazy move watching it fall to those key levels of 3500 as i mentioned last week. Eric: This rapid reversal this morning tells us that perhaps we saw a short-term bottom but it's also possible we see new lows prior to the November midterms in the United States  on page four we have the u.s dollar indexwhat are your thoughts here eric well guys remember a couple of weeks ago when i said okay blow off top