Will Core CPI Drop and Trigger a Faster Rate Cut?

Trading Economics expect Dec CPI to be 3.2%, higher than the previous data of 3.1%; the estimates of core CPI is 3.8%, lower than the previous data of 4%. FOMC minutes indicated a growing confidence in controlling inflation and rate cuts in 2024. ------------------------------- Will core CPI drop as expected and trigger for a faster rate cut?

avatarmelson
01-12

awakening of the wooden dragon

as the fed ends its rate hike cycle, the market gets excited, the market being 6 months forward looking. now the market is ahead of itself pricing in rate cuts as early as Mar. the fed officials however are looking at end 2024.  $US2Y(US2Y.BOND)$ is the leading indicator of fed interest rates. it is very sensitive to the economic and inflation data.  we shall overlay us2y on three important charts: $FTSE 100(.UKX.UK)$ $SPDR S&P 500 ETF Trust(SPY)$  and $Invesco QQQ Trust-ETF(QQQ)$  .  ukx is the leading indicator of spy. hence it is important to know the effects
awakening of the wooden dragon

Weekly Wrap: Market Swings, Jobs Surprise, and 2024 Uncertainties

Friday's Rebound:  $S&P 500(.SPX)$  ended a four-day losing streak, and the  $NASDAQ(.IXIC)$ halted its five-day slide on Friday. Week's Outcome: Despite the day's gains, the week concluded with the S&P 500, Nasdaq, and  $DJIA(.DJI)$  giving back between 0.6% (for the Dow) and 3.2% (for the Nasdaq). - Portfolio Reassessment: Investors reassessed portfolios and gains from 2023, leading to losses for tech stocks (e.g.,  $Apple(AAPL)$  down 5.9%) and gains for defensive names like  $Verizon(VZ)$  (up 6.6%). Key Events and Out
Weekly Wrap: Market Swings, Jobs Surprise, and 2024 Uncertainties
avatarKYHBKO
01-06

Preview of the week starting 8th Jan 2024 - can Delta soar?

Public Holidays There are no public holidays for Singapore, Hong Kong, China and the USA in the coming week. Economic Calendar (08 Jan 2024) Notable Highlights CPI data should be hogging the headlines in the coming week as a key consideration for the Fed coming interest rate. CPI is a reflection of inflation in the economy. If the inflation proves to be stubborn, the plans for a Fed pivot can be delayed. Initial Jobless Claims - This reflects the impact of unemployment, a data point for the Fed’s interest rate decision. Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If the trend of excess inventories continues, this is demand erosion that can lead to reduced production & weakening consumer spending. PPI can be seen as a prequel of inflation
Preview of the week starting 8th Jan 2024 - can Delta soar?

Weekly: Investors should focus on inflation and banks earnings

The Week AheadMacro Factors - Inflation Data and Bank Earnings on focusAfter a tough start of the year, the week highlight of the release of crucial inflation data, followed by the unofficial kickoff of earnings season on Friday.The December consumer price index (CPI) that’s set for release Thursday is expected to confirm the recent trend of easing inflation. Economists polled by FactSet expect headline CPI increase 3.2% year over year, and a 0.1% more than in November. But core inflation, which excludes volatile food and energy prices, is expected to rise 3.8%, compared with a 4% gain previously.The CES technology event kicks off in Las Vegas, Nev. The trade show runs through Friday.One of the most highly anticipated in cryptocurrency history: the week the U.S. could finally green light a
Weekly: Investors should focus on inflation and banks earnings

Anticipate Tonight: CPI Data Expected to Rise in Line with Projections

Volatility in global markets slowed on Thursday and moved into " big things are about to happen" mode:US CPI PreviewThe $USD Index(USDindex.FOREX)$ moved in an extremely narrow range and was only half as volatile as on Tuesday. $NVIDIA Corp(NVDA)$ on Wall Street hit record highs, with the $DJIA(.DJI)$ up 0.45%, the $S&P 500(.SPX)$ up 0.57% and the $NASDAQ(.IXIC)$ up 0.75%. $Gold - main 2402(GCmain)$ fell back, reaching 2020 levels at one point, but a weaker US dollar provided a bottom.
Anticipate Tonight: CPI Data Expected to Rise in Line with Projections

DB: Why a rapid 100bps Rate Cut by ECB concern's you?

The European economy faces the prospect of a mild recession in 2024, according to $Deutsche Bank AG(DB)$ Chief Economist, Mark Wall. Despite anticipated recovery in the 2nd half of the year, concerns loom over the decline in European corporate competitiveness, inflation rates sliding below expectations, and the need for aggressive monetary policy measures. $Euro FX - main 2403(EURmain)$ $iShares MSCI Germany ETF(EWG)$ Mild Recession Foreseen: a mild recession for the European economy in 2024, citing continued economic impact from monetary policy, unexpectedly weak labor markets, and a slump likely to persist until mid-year.Corporate Competitiveness at Risk: Dec
DB: Why a rapid 100bps Rate Cut by ECB concern's you?

[Events] How will NASDAQ index move this week?

Click to vote. Can you predict how will  $NASDAQ(.IXIC)$ move this week? If you get the right answers, You may divide 1000 Tiger Coins with other Tigers. In addition, you have the chance of winning Tiger Gifts.The U.S. stock market has faced its worst start in 20 years. Following a nine-session rally, the S&P 500 dropped by 2%. The Dow Jones Industrial Average declined by nearly 1%, while the technology-focused Nasdaq index plummeted by almost 4%. Reports from Fortune magazine indicate that this marks the most dismal start for U.S. stocks since 2003.Inflation will be the big macroeconomic focus in the coming week, with minimal earnings until the big banks including $JPMorgan Chase(JPM)$
[Events] How will NASDAQ index move this week?

Is there a temporary rebound on Dec CPI?

To start, we believe December US CPI may experience a temporary rebound. $iShares 20+ Year Treasury Bond ETF(TLT)$ United States Inflation RateIt might reaches a 0.35% MoM increase in core CPI (consensus 0.3%, previous 0.28%), and a 0.31% MoM increase in nominal CPI (consensus 0.2%, previous 0.10%). Correspondingly, the nominal CPI YoY is expected to rise from 3.1% to 3.3%, and the core CPI YoY is expected to be in the range of 3.9% to 4.0%. It is likely a rebound in both MOM and YOY nominal CPI to be mainly influenced by the narrowing of the decline in energy prices in December. Core inflation is expected to be relatively strong due to several factors: 1) Market rent and market house prices, indicates that rental inflation in the US may still be r
Is there a temporary rebound on Dec CPI?

Tech-Led Rally as Inflation Concerns Ease

Yesterday's Session -Positive Start: Monday saw a positive start to the week for U.S. stocks, with the $NASDAQ(.IXIC)$ leading the gains by closing 2.2% higher. The $S&P 500(.SPX)$ rose 1.4%, while the $DJIA(.DJI)$ increased by 0.6%. However, $Boeing(BA)$ 's 8% decline, triggered by the FAA grounding 737 Max 9 planes, limited the Dow's performance. Index Perf $NVIDIA Corp(NVDA)$ just got done announcing its mid-generation refresh of its graphics cards, but to say that's all the tech company had in store for CES 2024 wouldn't even be telling half the story.
Tech-Led Rally as Inflation Concerns Ease
avatarmelson
01-11

hot cpi?

since oct 2023 the houthis have been attacking ships using the red sea route. this has resulted in ships taking the longer cape of good hope route. how will this global supply disruption affect the dec cpi? $US10Y(US10Y.BOND)$ is on a downtrend as cpi cools. $USD Index(USDindex.FOREX)$ is on the same downtrend as us10y. you can see this clearly when both charts are overlaid on each other.  the fed officials remarked that interest rates will be kept high for longer till end of 2024. this caused a rally of us10y and usdindex.  sino-us trade war has been worsening with Taiwan presidential election looming. the surprised 3 way fight is causing jitters in the Chinese and Hong K
hot cpi?

What does Elliot step in mean to Match Group?

SummaryElliott Investment Management, known for activist investing, increased its stake in $Match(MTCH)$ , urging proactive measures to boost stock value. Match, the parent company of Tinder and Hinge, faces scrutiny due to slowing Tinder growth and executive turnover.Facts💼 Elliott Investment Management revealed a 3.30% stake in Match, pushing for performance changes, with specific demands undisclosed.💰 Match's market value sits around $10 billion, with its stock closing at $37.89 per share.📉 Pandemic-driven peak valued Match over $400 billion, but subsequent user decline led to stock depreciation.🌐 Tinder dominates with the most users globally, generating $1.8 billion in 2022, while Hinge soared with a 44% revenue growth.🔄 Concerns arise over Ti
What does Elliot step in mean to Match Group?

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Tiger Tycoon

Global markets are turning lower

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ In the first week of 2024, major U.S. indices turned to the downside. Year-to-date, the $NASDAQ 100(NDX)$ declined by about 2.2%, the S&P 500 by 1%, the $DJIA(.DJI)$ by 0.3%, and the Russell 2000 by 3%. The situation is no better overseas, where in the Chinese market, major indices also slipped lower. In particular, the $HSI(HSI)$ lost about 5.3%, the CSI 300 lost 3.7%, and the Shanghai Composite Index lost 3%. The same story also played out in Europe, where the DAX declined by about 1.7%, the UK100
Global markets are turning lower

All extended bull markets die on euphoria

$NASDAQ(.IXIC)$ $Nasdaq100 Bull 3X ETF(TQQQ)$ $Nasdaq100 Bear 3X ETF(SQQQ)$ $Invesco QQQ Trust-ETF(QQQ)$ $NASDAQ 100(NDX)$ Here are possible explanations to excessive rally:1) Despite all time highs against a new QT era of competitive fixed-income rates/yields, a shrinking M2 supply, exorbitant Fed and Consumer debt, etc., we really are in a New Bull Market...and last week's relatively minimal sell off will prove to be a dip that should be bought.2) All extended bull markets die on euphoria...and we've arguably had some of that this past year as well. So
All extended bull markets die on euphoria
avatarAsphen
01-06

S&P500 holding at Dec CPI VWAP with CPI/PPI next week; Very clear where it can go!

Price action - As shared previously, key levels need to hold and we are still holding on to the first one (even though jobs data was hot on Friday) - Coming week has CPI and PPI which can either keep the Q1 rate cut hopes alive or kill it! - VWAPs CPI Nov and Dec still points to key levels at 464 and 455. 455 is significant as it has the MA50 coming up in confluence.  - Note also a break below current level would also mean a MA5 yellow crossing below green MA20 Positive CPI/PPI reaction - A bounce off 464 and back upwards to re-test 470 and above Negative CPI/PPI reaction - Further pullback towards the 455 VWAP/MA50 confluence.  Bear case - Still points to gap fill of Nov CPI breakout at about 440 down to 438 Good luck, all! S&P500 Daily Chart - 6 Jan 2024
S&P500 holding at Dec CPI VWAP with CPI/PPI next week; Very clear where it can go!

Market would start to rally after the brief correction

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ lets go panda GIF by DreamWorks AnimationPhenomenal day in the SPX with monster upside in the CALL Options (4700, 4720 etc.) from the open and the lows scoring hundreds of percentage points in most cases. Exactly as we expected that the market would start to rally this week after the brief correction last week. We liked the $Semiconductor Bull 3X Shares(SOXL)$ too up almost +10%. SPY did well too of course and $NASDAQ 100(NDX)$ call options delivered all the way. Let's not forget the BTC rally to 47,000. Really strong market supported by the ru
Market would start to rally after the brief correction
Spending... Drop drop drop... cut cut cut... What to do... [Helpless]  [Helpless]  [Helpless]  every cent count... Everything so expensive.... If only salary, bonuses, stocks, dividends, [USD]  [USD]  [USD]  rises like these expensive things wouldn't that  be awesome!  @GoodLife99  @koolgal  @Shyon  @Aqa  @xXxZealandxXx  @Universe宇宙  
avatarXianLi
01-10
$NASDAQ(.IXIC)$ $E-mini Nasdaq 100 - main 2403(NQmain)$ The biggest trap will come when there is a meaningful correction this year (who knows when) and, at the bottom, all the CHUMPS like Brian, Andrew, Yucheng, whatever, pile on to the tech stonks and AI particularly rather than commodities and industrials. The Mag7 have seen, or will see in the coming month, all time highs that will never be revisited because of macro issues, antitrust enforcement, etc. Mark this post.[Cry][Cry][Cry]Federal Reserve Inflation GIF by eToro

SP500 H4 | Potential bullish momentum

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ SP500 is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target.Entry: 4,738.10Why we like it:There is a pullback support levelStop Loss: 4,678.99Why we like it:There is a pullback support that aligns close to the 50.0% Fibonacci retracement levelTake Profit: 4,815.95Why we like it:There is a resistance level that aligns with the 61.8% Fibonacci projectionSP500: SP500 H4 | Potential bullish momentum
SP500 H4 | Potential bullish momentum
PCT: Will CPI Core Trigger A Rate Decrease? V10.0 . PCT = Pandas Coffee Talk. My pandas understandings: a lower in rates will only be triggered. When crypto money supply decrease. Without keeping crypto induced inflations in check. But keep increasing instead. Fed won't lower rates no matter what reports show what. A Tiger PhD economist stimulations shows: Fed most likely will start lowering rates after Jun2024. His findings sounds sound. Normally Fed will play with market anticipations in lowering rates to get their Fed effects for a few months first. Before concrete actions.