The Arora Report

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October 10, 2022

WAIT FOR PPI, CPI AND EARNINGS – MOMO BUYING AHEAD OF THE EVENTS

By Nigam Arora & Dr. Natasha Arora

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

Wait For PPI and CPI

Please click here for a chart of oil ETF USO.

Note the following:

  • Prudent investors are waiting for Producer Price Index (PPI) and Consumer Price Index (CPI) data as well as earnings.
    • PPI will be released on October 12.
    • CPI will be released on October 13.
    • Bank earnings this week include JPM, C, and WFC.
    • TSM is the largest contract semiconductor manufacturer in the world.  Its earnings this week will provide significant insights.
  • In The Arora Report analysis, Wall Street’s earnings estimates are still too high.  
… Please click here or the title below to read more.
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