September 14, 2022

By Nigam Arora & Dr. Natasha Arora

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

No Capitulation

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:

• Thank you for all of your great questions about capitulation.  Knowing about capitulation is extremely important because a capitulation provides a major buying opportunity.
• The bottom line is that yesterday’s price action was not a capitulation.  Please see the post “ASK ARORA: TIME TO BUY — WAS THE PRICE ACTION THIS AFTERNOON A CAPITULATION?”
• Producer Price Index (PPI) is better than feared.