May 10, 2022

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

A Smart Move Or Jumping The Gun?

Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the following:

• The all important Consumer Price Index data will be released tomorrow at 8:30am ET.
• In yesterday’s Morning Capsule we wrote,

CPI data has the potential to be a binary event.

Bulls are contending that the CPI data will show lower inflation and trigger one of the biggest stock market rallies ever.