149: This Week In The S&P500: Trading Iron Condors and Truflation

Welcome back to the Stock Market Options Trading Podcast! I'm your host, Eric O'Rourke, and in this episode I break down the latest market action, key technical levels, and how I’m trading SPX options during this volatile stretch.

📉 This week, the S&P500 dropped over 2% to start the week as uncertainty around tariffs continues to dominate headlines. I talk through how I’m navigating the range-bound market with iron condors and why I'm keeping trades short and wide.

📊 I also share insights from Alpha Crunching’s Weekly Triumph Rate (WTR), which remains below 50% across the board — a rare occurrence signaling more weakness under the hood.

📈 We take a closer look at:

• Real-time inflation data from Truflation
• How truflation compares to CPI and what it may signal before official reports
• Historical SPY reactions to Fed rate cuts, with a helpful chart from TrendSpider

🗓️ Plus, I touch on key economic events to watch this week including flash PMI, durable goods, and consumer sentiment.

📌 Resources mentioned:

• 🔗 Alpha Crunching Weekly Triumph Rate
• 🔗 Truflation Dashboard
• 🔗 TrendSpider Rate Cut Chart Tweet
• 🔗 Grok on xAI (for research)

Thanks for listening! Be sure to subscribe and check out AlphaCrunching.com for data-backed trade ideas and SPX forecast tools. Get 50% off your first month or year!