Low gas prices feeding into rising core inflation…..

YoY inflation strong at 2.1 and will surge next month….as Feb 2018 (0.17) was quite weak.

Unemployment claims to cross 0 soon:

USD returns to uptrend and continues to indicate an overall bear market this year.

Q4 GDP will be announced Feb 28.

Conclusion:

SPY and Oil have risen slowly during Feb. Most likely to go flat weeks 3 and 4. Inflation becomes a problem again for Mar 20.