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#2/2024 - Betting on NIO as Markets Await Inflation Numbers
Manage episode 394095090 series 3241853
Content provided by Jim Stromberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jim Stromberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
After netting 35% from the bet on Repare Therapeutics Inc in the $1,000 challenge, a new bet will be placed. This time, the focus will be on NIO, anticipating a good week ahead.
The week may start quietly, but by the end, the market will receive the December CPI numbers and the PPI numbers. Both are expected to show a slight increase month-over-month, while the 12-month inflation is on the retreat. The 2023 inflation rate is expected to tick in at 3.2%, well above the Fed's 2% target. To top off the week, quarter results from major companies like Delta Air Lines (DAL), JPMorgan (JPM), Citigroup (C), BlackRock (BLK), Bank of America (BAC), BNY Mellon (BK), Wells Fargo (WFC), and UnitedHealth (UNH) will be released.
Catch all this and much more in this week's episode of 'Trading Tips With Jim.
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Manage episode 394095090 series 3241853
Content provided by Jim Stromberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jim Stromberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
After netting 35% from the bet on Repare Therapeutics Inc in the $1,000 challenge, a new bet will be placed. This time, the focus will be on NIO, anticipating a good week ahead.
The week may start quietly, but by the end, the market will receive the December CPI numbers and the PPI numbers. Both are expected to show a slight increase month-over-month, while the 12-month inflation is on the retreat. The 2023 inflation rate is expected to tick in at 3.2%, well above the Fed's 2% target. To top off the week, quarter results from major companies like Delta Air Lines (DAL), JPMorgan (JPM), Citigroup (C), BlackRock (BLK), Bank of America (BAC), BNY Mellon (BK), Wells Fargo (WFC), and UnitedHealth (UNH) will be released.
Catch all this and much more in this week's episode of 'Trading Tips With Jim.
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Similar to Trading Tips With Jim Stromberg
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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