
INFLATION STILL HIGH BUT SOME COMPONENTS COOLED
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Consumer Price Index
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- QQQ is more sensitive to inflation compared to S&P 500 ETF (SPY) or Dow Jones Industrial ETF (DIA).
- The chart shows when Consumer Price Index (CPI) data was released.
- The chart shows the move up in QQQ on the release of the data.
- The VUD indicator is the most sensitive measure of net supply demand in real-time. The orange represents net supply and the green represents net demand.