INFLATION REPORT TOMORROW COULD CRASH THE MARKET
In a Nutshell
Tomorrow's CPI report expects overall inflation to rise from 3.3% to 3.7%, driven by higher oil prices, while core CPI (excluding food and energy) will reveal if inflation is spreading to other sectors. A worse-than-expected core CPI could crash markets, but if it holds steady, irrational rallies like today's NASDAQ highs (led by semis such as Nvidia +3%, Western Digital +7.5%) may continue. Live updates and trading session planned pre-market.
These notes were generated by AI and may contain inaccuracies.
Another day of irrational markets. NASDAQ hit new all-time highs today, even after news that US and Iran peace talks have stalled with both sides disagreeing on the peace offering. Oil prices are pushing higher. Semiis are leading the pump, with Nvidia up 3% paving the way, Western Digital up 7.5%, Micron up almost 7%, Intel up 2.6%, and SanDisk slightly in the green. These stocks have been pumping continuously.
Tomorrow is the CPI data report, released 1 hour before markets open. Overall inflation expected to rise from 3.3% to 3.7%, mostly due to rising oil prices passed to consumers.
Core CPI excludes food and energy (oil). It shows if oil-driven inflation is seeping into other sectors. Concern is if core CPI jumps higher than expected, proving inflation now affects areas where consumers lack disposable income, injecting uncertainty.
Wall Street watches if inflation remains oil-specific or enters core CPI. If core CPI worse than expected, markets likely retrace negatively. If not, markets can stay irrational without fear.
Will keep viewers updated before the report. Considering live streaming it—comment if interested. Aim for over 500 likes on this video. Check live trading session tomorrow (second link in description) and risk calculator.
Let's make sure we end the year on a green note. Secure team.
Sign in to read the full notes
Get access to AI-generated notes, topic timestamps, and more.