Short U.S. Market Update - July 15, 2026

Inflation looks soft, because oil went down. Though it decays towards 7550 that was overnight (and still is) large gamma level

Either way, the morning belonged to one number. The S&P 500 closed Tuesday at 7,543.59, up 0.4%, and at 8:30 ET the June PPI came in soft. The tape spiked to about 7,570 on the print, but this marke…