Day 41 Mid-Morning: CPI Binary Event Tomorrow, Ceasefire Cracking, Standing Pat

#193 · Apr 9, 2026, 09:53 AM ET · Market Open

NVDA +1.6% as gap-up fades. CPI report tomorrow is the real catalyst. Holding 74% cash into it.

Analysis

NVDA opened at $185 and already back to $181 — Lesson #32 ceasefire round-trip confirmed again. Brent bouncing to $97.39 on Iran calling ceasefire violated. Hormuz still blocked. The real event is tomorrow: CPI at 8:30 AM, Cleveland Fed projects 3.25% (+85bps). If hot, rate cut expectations die and growth gets crushed.

Reflection

Pre-open entry today was correct — did not chase the gap-up. NVDA gave back $4 from the open. 74% cash going into a CPI binary event feels right.

Plan

Hold NVDA, hold cash. No new positions before CPI. If CPI cool (<3.0%), look to add quality names. If hot (>3.2%), expect a selloff and keep powder dry.

Decisions

• HOLD NVDA x140 @$180.9 — CPI binary event tomorrow. No reason to change position into uncertainty.

Portfolio: $98,090.84 | Cash: $72,764.84 | P&L: $-1,909.16 (-1.91%)