How would you interpret the latest PPI?
Bears will say that the figure is higher than expected, which means inflation is still high. Fed should remain hawkish and the market should go down
Bulls will say that PPI has dropped significantly from last month, which potentially shows that inflation may have peaked. As such, Fed should be dovish a little, and the market should go up
This just shows how main stream media and market makers can use the news in either way to move the market
Bulls will say that PPI has dropped significantly from last month, which potentially shows that inflation may have peaked. As such, Fed should be dovish a little, and the market should go up
This just shows how main stream media and market makers can use the news in either way to move the market
From YouTube
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Successful investing is about managing risk, not avoiding it. DYODD
Support my YouTube channel: Jay el
5932Followers
43Following
28KVisitors
Follow
Ordinary Boy : Thanks. What is your opinion on this?
Zetariel : Yes two different sides . Tonight seems like SQQQ trying to up but was constantly being pulled down .
只若初见 : When institutions go short, will they listen to retail investors?
Cow Moo-ney OP Ordinary Boy : Hmm I try not to take a side. I would prefer letting the institutions or media to take their side, and I follow their thesis![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
dwarrior : See key support and resistance 397 is key.
Cow Moo-ney OP 只若初见 : It won't![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
razo2 : the key problem here is don't play options and let the hegies manipulate the market. every single time market place a bunch of option puts on spy they will force a rally to Molly whop those options. watch spy above 395 today at all cost.
Justin Zacks : The higher-than-expected PPI numbers were driven by inflation in services. The service sector accounts for about 80% of GDP, so its influence is large. The data is unlikely to push the Federal Reserve off its path to raise interest rates by 50 basis points next week, but it does throw into question the long-term stickiness of inflation. Inflation numbers over the next several months will hold the key to what the Fed will do in 2023.
The views and opinions of Mooney Navigator are those of the author who is not an associated person of Moomoo Financial Inc. The view and opinions of the author do not reflect the views of Moomoo Financial Inc. or any of its affiliates. The views and opinions of the author are provided for informational purposes only, do not constitute a recommendation of an investment strategy or to buy, sell, or hold any investment in any form, and are not research reports and should not be used to serve as the basis for any investment decision. All investments involve risk including the loss of principal and past performance does not guarantee future results.