
MOMO BUYS STOCKS ON THE FIRST PUNCH BUT CANNOT OVERCOME SMART MONEY SELLING ON THE SECOND PUNCH
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Double Punch 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 a double punch to the stock market today. The first punch occurred when CPI showed inflation significantly hotter than the consensus. For details, please read today’s Morning Capsule. To see a 20-year chart of CPI please click here. Smart money sold the first punch in the stock market as the chart shows. To