MOMO CROWD SHOWS DESPERATION TO BUY STOCKS, BOJ COMES TO THE RESCUE, STAGFLATION
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Stagflation
Please click here for a chart of Amazon stock (AMZN).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of AMZN is being used to illustrate the point.
- The chart shows when Amazon earnings were released. Going into earnings whisper numbers had started ratcheting up. Along with the ratcheting up of whisper numbers, Amazon stock also ran up going into earnings.
- Whisper numbers are the numbers that analysts privately share with their best clients to drum up business.
April 28, 2023