CCI is to be released tomorrow at 10 a.m.
It seems that if the number is lower than expected the market goes up on an expectation of a bigger rate cut. If the number is higher than projected market goes down.
Expected Actual Nasdaq
Dec 27 88.6 88.60 (47)
Nov 27 90.50 87.30 +39
Oct 26 82.00 80.90 +53
Sept 25 104 99.80 +15
Anybody thoughts of what the number would be?
It seems that if the number is lower than expected the market goes up on an expectation of a bigger rate cut. If the number is higher than projected market goes down.
Expected Actual Nasdaq
Dec 27 88.6 88.60 (47)
Nov 27 90.50 87.30 +39
Oct 26 82.00 80.90 +53
Sept 25 104 99.80 +15
Anybody thoughts of what the number would be?