Episode Details
Back to EpisodesInflation Eases, Tech Soars
Season 1
Episode 1462
Published 9 months, 2 weeks ago
Description
Fresh news and strategies for traders. SPY Trader episode #1462.
The market staged a powerful latesession reversal, driven primarily by the November CPI report showing core inflation easing to 2.6%, fueling hopes for future Fed rate cuts. This dovish outlook spurred a narrow, riskon rally concentrated in Technology, led by strong earnings from Micron, though companyspecific risks were evident as Nike projected a sales decline.