
‘DATA NO LONGER MATTERS’ INVESTORS PREVAIL IN THE STOCK MARKET – GOVERNMENT SPIKING THE STOCK MARKET
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Government Spiking Stock Market
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 chart shows the drop in the stock market after the release of Producer Price Index (PPI) yesterday. The PPI data was significantly hotter than expected. Please see yesterday’s Morning Capsule for details.
- The chart shows aggressive buying on hotter inflation data by investors who believe data no longer matters.
- The VUD indicator is the most sensitive measure of net supply demand in real-time.