CPE results today - Results may push markets down again. Thoughts?

2022-09-30

CPE results for the quarter expected at 830am today, some forecasts predicts increase an increase due to high oil prices during the quarter. The bear market push starting late will lead to a lag in the indicator, and possibly pushing the Spy and QQQ further down today.

Coupled with it being the end of the quarter, the market may wish for a rally but a downward move and culmination of the markets may be the better outcome as it will influence the FED into registering the beating the markets have taken, and shift the pivot timeline forward.

Thoughts?

https://seekingalpha.com/article/4543459-reaping-the-whirlwind-a-september-2022-inflation-update

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Kel9670ong
2022-09-30
Kel9670ong
look this the result going be gloomy
halforc
2022-09-30
halforc
kk
zuhdi
2022-09-30
zuhdi
ok
kuppi
2022-09-30
kuppi
good
Reds2007
2022-09-30
Reds2007
Ok
Raj16
2022-09-30
Raj16
k

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