There are only 3 inflation scenarios that will happen till the end of 2023:
i. Improve CPI to 2%
ii. Range CPI to hover between the band of 5-8%
iii. Continue to trend higher breaking above 9%
Many investors believe scenario (i) & (iii) will be unlikely.
70% of the investors feel that CPI should settle unchanged from how the year started at between 5%-8%....
Kraft Heinz Company
Short Term - We look to Sell at 38.68 (stop at 40.36)
Prices have continued the bullish move higher and resulted in 2 consecutive positive days. This has resulted in signals for sentiment being at overbought extremes and we look for a move to the downside. Bespoke resistance is located at 39.00. Price action continues to gravitate...