STOCK MARKET BULLS DISAPPOINTED ON NO RED TSUNAMI – NOW PIN HOPES ON LOWER CPI
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Murky Outcome
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:
- Stock market bulls are disappointed that there is no red tsunami, but they are hanging in tough on hopes of a better than expected CPI tomorrow
- Republicans will likely control the House by a small margin. The Senate is still undecided as three key races are too close to call.
- Here are the expectations for CPI tomorrow.
November 9, 2022