This week will be very interesting ones in various reasons.
CPI numbers will be reported, Chinese travelers will spread the world and a lot of speculative debates on the rate issues around the world.
And, do we still need to worry about the inflations? It seems it’s been faded out quite far.
US stock market have not moved a lot today. DJ Index was downed by 0.3%, S&P 500 Index was also downed by 0.1% but NASDAQ Index was up 0.6%
This coming Thursday, USA’s Dec CPI numbers will be reported and then people will talk about the rate again. Today is a good time for a profit taking sellers to reduce their open positions.
Apple was up 0.4%, MS was up 1.0%, Amazon was up 1.5% and Tesla was up big 5.9% today.
Why have Big high tech stocks rallied since last week? We need to look closely how Chinese money is moving around from now on. They’re moving with their own strategy and it would be very selfish ones for sure.
