
MOMO GURUS SPOOKED THAT POWELL NOT RUSHING TO HELP THEM
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Momo Gurus Spooked Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: There is a selloff going on in the early trade as momo gurus are spooked. The chart shows that yesterday momo crowd ran up QQQ higher than where it was before omicron news. Momo gurus decided that omicron was a good event for the stock market because it would mean more help from the Fed. In yesterday’s Morning Capsule, we shared with you that the reasoning of the momo