
NO CAPITULATION – PPI BETTER THAN FEARED
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