
STOCK MARKET TOTALLY IGNORES THREE FED SPEAKERS AND LEADING ECONOMIC INDICATORS ON ARTIFICIAL INTELLIGENCE EXCITEMENT
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. ChatGPT On iPhone 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: There have been three negative developments today that should have dragged the stock market down. Here are the three developments: The chart shows when leading indicators were released. Leading indicators came at -0.6% vs. -0.5% consensus. Yields are rising. Rising yields are normally negative for stocks, especially tech stocks. Three Fed speakers have been extra hawkish