Ultimate Pair Trade, Buy Eli Lilly - Sell McDonald’s — Nick Santiago 9-13-23 #524
Source:
https://www.spreaker.com/user/appeal2/nick-524
1.The CPI numbers were released today. The August consumer price index rose 0.6% for the month, and was up 3.7% from a year ago. This number was expected so it was not a big surprise to the markets. Core CPI, which excludes volatile food and energy, increased 0.3% and 4.3% respectively, against estimates for 0.2% and 4.3%.
The bottom line, the market expects the Fed to keep rates unchanged at the next meeting which is on September 20th.
2. Tomorrow we get the PPI number at 8:30am EST.
3. The ultimate pair trade, Buy Eli Lilly and sell McDonald’s.
4. Today, all of the big tech CEOs are meeting in Washington DC. CEO's such as Elon Musk, Mark Zuckerburg, Sundai Pachai and many others are going to talk to the senators about AI. I'm not sure what is going to come out of this.
5. Gold is flat today, but it did pull down a little yesterday. As you know, gold often dips during options expiration so we should not rule that out. There is still some daily chart support around the $1913 level.
6. Bitcoin is trading up today by 0.25%. Bitcoin had a good pop yesterday, but I'm not sure it is anything more than some options expiration game playing this week.
Visit Nick at: https://IntheMoneyStocks.com
Visit Kerry at: https://FinancialSurvivalNetwork.com
-
18:37
Financial Survival Network
10 months agoTop Negotiation Hacks from Mark Raffan --The Negotiation Ninja #5925
36 -
1:20:25
Russell Brand
5 hours agoKamala’s CAR CRASH CNN Interview BREAKDOWN! + Tony Robbins On The CHILD-TRAFFICKING EPIDEMIC - SF442
138K214 -
10:18
Misha Petrov
2 hours agoTikTokers Actually Want Another LOCKDOWN?!
14.4K12 -
vivafrei
6 hours agoArrest of Pavel Durov & the Attack on Encrypted Apps: Live with Russian Libertarian Mikhail Svetov
54.4K34 -
2:54:58
The Charlie Kirk Show
4 hours agoNervous Wreck Kamala + AMA | Dr. Gad Saad | 8.30.24
95.8K45 -
1:02:44
Miss Understood With Rachel Uchitel
5 hours agoRachel Uchitel & Sarah Fraser This week in review! Super Yacht Tragedy & Kamala Harris Unscripted
23.9K3 -
1:04:53
The New American
2 hours agoNew American Daily | Arlington, Aurora & Kamala/CNN: What Are They Hiding?
12.6K1 -
15:52
PISANITY
2 hours agoGiving Free Samples of Money at the Bank 👨🏻🍳💰
10K2 -
57:55
The Dan Bongino Show
7 hours agoExplosive New Whistleblower Information On A HUGE Scandal (Ep. 2320) - 08/30/2024
661K2.04K -
52:14
Steven Crowder
7 hours agoULTIMATE FACT CHECK: Kamala Harris' FIRST interview with CNN
291K562