Saturday, June 19, 2021

What We Expect From Inflation After This Week’s Reports

 
June 19, 2021
 
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What to Expect From Inflation After Fed Chief Powell's Speech
OK, folks, the time has come... On Monday, I pointed out the three key factors that would have a major impact on the markets this week. As of Wednesday evening, all three have come to pass.

On Tuesday, the May retail sales report was released along with the Producer Price Index data (PPI). And Wednesday brought us the much-anticipated June 2021 Federal Reserve meeting.

As I've been saying for months — literally — inflation is the hot-button issue, and these three factors give us a good indication of where we're headed...

But before we get into what everyone's favorite former private equity partner, Fed Chair Jerome Powell, said after the meeting about inflation and interest rates, we should talk about the first two items from Monday's list…
A Look at Inflation Going Forward
 
Is It Time to Move Back Into Solar Energy and EV Stocks?
Members of my VIP Trade Room have been asking me over the past few sessions or so if it's time for us to move back into solar energy and EV stocks.

If you can remember, I was hot and heavy with these names for quite a while.

But since then, it seems like solar energy and EV stocks and ETFs took a dump below their 200-day moving averages. They went from being darlings of Wall Street to the weakest-performing sectors.

So the real question is whether they'll continue moving lower, or begin to spike higher once again…
Here's What I Think
 
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"First of all would like to thank you for the highly valuable content you're providing in your videos and blog. I really appreciate that!"

Gerhard A.
A Choppy Market refers to a market condition whereby prices swing up and down considerably either in the short term or for an extended period of time.  Choppy market scenarios from day to day are generally a result of efficient market pricing.

 
 
 
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