Dan Deming, trader at Stutland Equities, appeared on CNBC this morning giving his interpretation of the CPI data. He feels the new bull market will continue should we hold the SPX mark of 1270, which appeared to have occurred by 9am. Listen more to what Dan had to say on CNBC:

http://www.cnbc.com/id/15840232?video=823833826&play=1