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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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-neyOP 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-neyOP Ultratech: Haha it’s Tuesday here in Asia. Where are you from?
Ultratech Cow Moo-neyOP: New England...is 9pm Monday
Cow Moo-neyOP 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-neyOP: 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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