Chip stocks down eighth straight day longest run on record and $32B short profit shows shorts are right - PPI 1 point ab…
Chip stocks down eighth straight day longest run on record and $32B short profit shows shorts are right - PPI 1 point above forecast, hot CPI, Oct hike odds doubled, 5.35% 10Y kills sems. At home banks have split is bearish divergence - after early bounce faded and MAS surprise hold, split means foreign selling OCBC UOB while propping DBS, STI breaks lower.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.