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Why the S&P 500 Faded the CPI Rally: The 'Tech Island' Trap
Season 3
Episode 26
Published 3Β months, 4Β weeks ago
Description
Wednesday's session closed mostly red despite a benign CPI print. Here is why the market reversed. π THE SCOREBOARD: π Winners: Tech (Oracle and Nvidia) π Losers: Financials and Small Caps. π THE LOOK AHEAD: Tomorrow's PPI data is the #1 thing to watch. If the 6,800 Gamma Wall fails, expect a fast move to the 6,742 level.