Market doesn’t seem to like the CPI data. The latest data came in line with expectation, which means the Fed is unlikely to go with a 50 bps cut. A 25 bps is more likely now.
As a result, investors who were expecting a bigger rate cut are disappointed?
103775419
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hi jay! thoughts on market rebound today? especially nvdia seems to be exceptionally strong now, most of today so far its been green and now breaking 112
104183083 : 20sma going upwards towards 100 & 200 sma. Should be a good sign, right?
Cow Moo-ney OP 104183083 : Which chart? And which timeframe?
103775419 : hi jay! thoughts on market rebound today? especially nvdia seems to be exceptionally strong now, most of today so far its been green and now breaking 112