CPI Day
All eyes will be on Feb’s CPI data which is set to be released today (Tues). The slightly hotter than expected Jan’s CPI has cause a little alarm in the stock market. If we get another hot CPI, investors could be rattled.
For now, the market is predicting Fed will cut interest rate in June. A hot CPI will dash this hope.
For now, the market is predicting Fed will cut interest rate in June. A hot CPI will dash this hope.
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$Arm Holdings (ARM.US)$ $Workday (WDAY.US)$ $Lemonade (LMND.US)$ $Block (SQ.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Helmerich & Payne (HP.US)$ $SPDR Gold ETF (GLD.US)$ $NIO Inc (NIO.US)$ $Rivian Automotive (RIVN.US)$ $Palantir (PLTR.US)$ $Oracle (ORCL.US)$ $Marathon Digital (MARA.US)$
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De beck : True, but if I remember correctly, the market was only down the day of reporting, gained all back in 2 days. Find out tomorrow, hot report could shock the market.
CᖇYᑌI᙭ : Trouble trouble trouble.
Cow Moo-ney OP De beck : Buy the dip crowd kept stepping in. Let’s see if they can do it again if we get a hot CPI
Ultratech : it's still Monday here. is dub step still a thing. my theory is market hates uncertainty whatever cpi is just going to flyyy
Cow Moo-ney OP Ultratech : Haha it’s Tuesday here in Asia. Where are you from?
Ultratech Cow Moo-ney OP : New England...is 9pm Monday
Cow Moo-ney OP Ultratech : I see. Nice connecting with you!
OceansWave De beck : That period was near to earnings season..I think the jump back up was due to one good earnings that carried the market back up
De beck Cow Moo-ney OP : Its a strong company with so many retail buyers, FOMO has difinitely set in, possible see $900 pre market,if report hot , dip time, if not break 9 keep rollin!
Andre88888888 : Another round of pump it up ~
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