$Nasdaq Composite Index (.IXIC.US)$ I suspect producer price...
$Nasdaq Composite Index (.IXIC.US)$ I suspect producer prices have come down if you look at base metals silver used in manufacturing it's down if you look at oil it's down so commodity prices are lower, there hasn't been any push to increase salary or wages no unions have gone on strike anything like that so the cost of manufacturing across the board should be less.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
1171Followers
13Following
8336Visitors
Follow
10baggerbamm OP : that being said I'd like to be wrong I'd like to see what the effect is of higher producer prices and the impact on stocks how much do they mark them down because then we'll get an understanding where the algorithmic programs are at what point do they want to smack these things down to before buyers come back in because tomorrow we got another big number we haven't had any profit taking for a week and I'd like to see where the market's going to be priced at with bad economic data
山芭佬 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
DR Chops : PPI is down, BLS will find it hard to let CPI be up. I say they will match expectations and thus no trigger to take profit on the NQ…