Inflation Hotter Than Expected – Momo Buys The Bad News, JP Morgan CEO Says Recession Not 'Off The Table'
Portfolio Pulse from The Arora Report
Inflation rates exceeded expectations, causing a brief dip in the stock market before the 'momo crowd' bought the dip, indicating a euphoric market phase. Jamie Dimon of JPMorgan Chase warns a recession is possible, suggesting a 70-80% chance of a soft landing but only half that for the next year or two. Early trade money flows show positive trends for AMZN, META, MSFT, NVDA, and TSLA, neutral for AAPL, negative for GOOG, and mixed for SPY and QQQ. The momo crowd is buying gold and selling oil, with smart money inactive in these trades.
March 12, 2024 | 3:00 pm
News sentiment analysis
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NEGATIVE IMPACT
GOOG faces negative early trade money flows, suggesting investor caution and potential short-term price declines.
Negative early trade money flows for GOOG reflect a bearish sentiment among investors, potentially leading to short-term price decreases.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
JPMorgan Chase's CEO Jamie Dimon warns of a possible recession, suggesting a cautious outlook despite the current market euphoria.
Jamie Dimon's warning about a potential recession could lead to increased caution among investors, potentially negatively impacting JPM's stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
AAPL experiences neutral early trade money flows, indicating a balanced investor sentiment and a neutral short-term outlook.
The neutral early trade money flows for AAPL suggest an equilibrium between buying and selling pressures, likely leading to a stable short-term price movement.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
QQQ experiences mixed early trade money flows, indicating uncertainty among investors and a neutral short-term outlook.
The mixed early trade money flows for QQQ suggest a lack of clear direction among investors, likely resulting in stable short-term price movement.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
AMZN sees positive early trade money flows, indicating investor confidence and potential short-term gains.
Positive early trade money flows for AMZN suggest investor optimism, likely contributing to short-term upward pressure on the stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
META experiences positive early trade money flows, hinting at investor optimism and possible short-term stock appreciation.
The positive early trade money flows for META indicate a bullish sentiment among investors, potentially leading to short-term price increases.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
MSFT sees positive early trade money flows, suggesting strong investor confidence and potential for short-term price growth.
Positive early trade money flows for MSFT reflect a positive investor sentiment, likely leading to short-term price increases.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
NVDA benefits from positive early trade money flows, indicating investor optimism and potential short-term stock gains.
The positive early trade money flows for NVDA suggest bullish investor sentiment, potentially driving short-term price increases.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
SPY, representing the S&P 500, showed resilience after an initial dip due to higher-than-expected inflation, indicating a euphoric market phase.
The SPY ETF, which tracks the S&P 500, dipped briefly after the CPI report but quickly recovered, showing market strength despite inflation concerns. This resilience suggests a short-term positive impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TSLA shows positive early trade money flows, reflecting investor confidence and suggesting potential short-term price increases.
Positive early trade money flows for TSLA indicate strong investor optimism, likely contributing to short-term upward price movement.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70