skythelimit
2023-11-15

$Amazon.com(AMZN)$ was among the Best Performer today with Big Tech.

$Amazon.com(AMZN)$ - gained 2.25%

$NVIDIA Corp(NVDA)$ - gained 2.13%

$Alphabet(GOOG)$ - gained 1.34%

$Microsoft(MSFT)$ - gained 0.98%

$Meta Platforms, Inc.(META)$ - gained 2.16%

70 PE, Walmart Plus growing faster, AWS stalled growth. But it's worth 350 billion more as Fed may cut .25% next yr.

Will CPI drop as expected and Fed pause again?
Trading Economics expect October CPI to be 3.3%, lower than the previous data of 3.7%; the estimates of core CPI is 4%, slightly lower than the previous data of 4%. The decline of oil prices in October will help drive the CPI down. The market expects another pause in December after Fed skips rate hike in November. --------------------- Will CPI drop as expected and lead to another pause? Or will Fed increase 25bps in December?
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