NASDAQ at Record Highs after US CPI report, but can it last?

8月13日

In today’s video, we break down the major market moves triggered by the July US CPI report. Headline CPI rose 0.2% month-over-month—right in line with expectations and a slowdown from the previous month. Year-over-year, headline inflation came in at 2.7%, just under the 2.8% forecast, while Core CPI rose 0.3% MoM (matching forecasts) but was a bit hotter at 3.1% YoY (vs. 3.0% expected).

These “not as bad as feared” inflation numbers kept hopes alive for a September Fed rate cut, pushing the odds of a cut to 96%. Markets responded strongly: the NASDAQ 100 closed at a record high, just shy of the 24K handle, with broad gains in tech and communication stocks, as traders bet on a more dovish Fed.

We also cover the technical setup for the NASDAQ 100 and key risk factors heading into the second part of August.

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8月20日

交易進行

Nasdaq is pulling back after hitting the round resistance of 24k, ending the short-term upside move and opening the door to lower levels towards 23k and beyond before a chance at a bounce.