$SPDR S&P 500 ETF (SPY.US)$ Its looking like Vehicles sales ...
$SPDR S&P 500 ETF(SPY.US$ Its looking like Vehicles sales are being squeezed first according to the latest CPI Data ! I guess this effects Car makers like $Tesla(TSLA.US$
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I'm only 17 years old, I love stocks .. I might be wrong but I always win in the long run 😁...
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Kevin Tan20 : ya , I noticed the car cost dropped major contribute to the CPI
Nidia_Girl OP Kevin Tan20 : This means the consumer are holding back on those big purchases like cars and house , that explains why we're seeing a rise in house sells .. This is just a start to the overall effect !
73099470 : The new vehicle was a minor drop...it was the used vehicle that dropped significantly. Tesla doesn't sell used vehicles.