MOMO CROWD BUYING STOCKS AHEAD OF THE KEY INFLATION DATA
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,
… Please click here or the title below to read more.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.
May 10, 2022