Alright - big move for qqq yesterday. The thing that is driving me the most insane about this is volume. PLEASE VOLUME COME BACK.
So the CPI/PPI move was drop to the 50DMA and bounce, just like SPY & SPX. Wild stuff, y’all. Inflation data days never cease to be a wild ride. We are just under ATH’s here and that will be in today’s range.
Inflation is bad for the consumer - It is good for the market.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.