o The US stock market, which has fallen for four consecutive trading days, could surge sharply based on four reasons.
o Concerns about the seasonal weakness in September, which currently dominates the market, and fears of rising oil prices and interest rates could paradoxically have a preemptive effect on bad news, paving the way for a strong rebound.
o Since most investors are waiting or taking a pessimistic stance, even small good news (such as CPI slowdown) can trigger short covering and buying, leading to a sharp rise in stock prices.
Even though the market is currently full of bad news <>, the fact that the market has not fallen further suggests that if the bad news subsides, the upward momentum could increase.
Well~ Let's see what happens with today's CPI announcement...
▶ Original source: https://www.marketwatch.com/story/the-four-reasons-stocks-are-about-to-embark-on-a-face-ripper-rally-e1e05e5e?mod=newsviewer_click
