Below are the stocks in our tech universe that have the highest consensus analyst price target upside %.
$OPEN $MARA $RIOT $NKLA $MSTR $VMEO $DISH $PLUG $DLO $VUZI
$SPY $SPX "JPMorgan Sees Stocks Exploding More Than 10% On Big CPI Miss (6.9% or lower)" -Zerohedge
10%?!
TEN PERCENT?!
So basically tomorrow we could see 4,400 on the SPX according to JPM, the same JPM which their CEO said stocks could drop -20% easily...
What. Do. I. Know.
JP Morgan's scenario analysis for #CPI Day. The most likely outcome according to JPM is a CPI reading between 7.2 and 7.4% which would send the S&P 500 higher by 2 to 3%.
$TLT Look at this Mother of All Trendlines (#MOAT) on the TLT! Dates back over 16 years.
Currently hitting major resistance now. If it can't break through convicingly, this thing is going back under 100 imo.
Really depends if Fed keeps rates higher for longer..
Después del FUD de Muddy Waters sobre #Dlocal $DLO parece que nos deja muy conveniente NO SUPPLY. Entramos en #4h. Stop en mitad del rango y TP sobre 18$. #NASDAQ100
Monday's WSJ article was another example of Fed pushing back on market's dovish narrative:
"Elevated wage pressures could lead them to continue lifting to higher levels than investors currently expect."
https://t.co/JKsenBAu2D via @WSJ