$Intel (INTC.US) - Moomoo Sees Market Volatility Ahead
The US inflation data is expected to be released today at 8:30 AM ET. The market will closely watch this announcement, as it has the potential to impact stock prices significantly.
According to a community post on Moomoo, if the PCE (Personal Consumption Expenditures) index exceeds 3.4%, the market is likely to dump hard. On the other hand, if the CPI (Consumer Price Index) comes in at 3.3-3.4%, the market may remain flat.
The source also highlights the busy schedule of announcements and releases today, which includes GDP data, a $2.1 billion Fed injection, an FOMC emergency announcement, NVIDIA earnings report, and a speech by President Trump.