Monica Kingsley
Monicakingsley
S&P 500 shook off initial hesitation, and rose on low but not negative PPI figures. Rate cut odds increased meaningfully, bond yields retreated, but Russell 2000 didn‘t really surge. Why and what‘s going on with discretionaries – how come that Nasdaq was among the best performing sectors yesterday?
All valid questions that I answer in the following text – enough said that the move allowed extension of recent swing and intraday gains.
Today‘s CPI will serve more volatility, after we newly have calm in Japan as BoJ is being made to explain rate raising before Parliament, and Iran attack risk has receded. Fear is either too hot or too cold inflation figure (headline and core) today, and I‘m laying out further where I see the data coming, and its impact on equities.
All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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