ppi rebounding?

feb ppi out tonight. this is missing from economic calendar of tiger? in jan, ppi came in hotter at 0.9% versus 0.6% estimate. cpi came in hotter at 3.2% vs 3.1% estimate. feb pce came in at 2.8% as expected. 

ppi - producer price index

cpi - consumer price index

pce - personal consumption expenditure

the inflation data so far suggests inflation resilience. this is making the fed hesitant to cut rates. cutting the rates too early will result in the rebounding of inflation. cutting too late will result in recession as borrowing costs are too high to sustain economic activity. 

$SPDR S&P 500 ETF Trust(SPY)$  is jittery in the short term as the fed rate decision will be coming soon 21 mar. in the long run, the bull market rally is confirmed and will last for 4 years at least. magnificent 7 pulls back as well as chip makers. spy may pullback to 450. 

$HSI(HSI)$  is also heavily affected by fed rate. the high rates exert great pressure on the chinese market. after a good runup, it looks poised for a healthy pullback to 16,660.

$US2Y(US2Y.BOND)$ charges up after inflation data showed resilience.

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@koolgal for tagging

merci beaucoup@Asphen for sharing

merci beaucoup@TigerStars for vouchers and coins

merci beaucoup@TigerWire for topics