Jul. 14 at 3:48 PM
CPI: 3.5% vs. 3.8% Expected
Cooler-than-expected inflation is giving growth stocks a boost.
Lower inflation can improve expectations for future monetary policy, which is generally supportive for higher-duration sectors such as fintech and software.
$AFRM Buy Now, Pay Later leader. Improving consumer sentiment and lower-rate expectations could support growth multiples.
$HOOD Strong retail trading activity and expanding product ecosystem make it a key fintech name to watch.
$UPST Credit-sensitive business that could benefit if financing conditions continue to improve.
$PYPL A mature payments platform showing signs of stabilizing after a long consolidation.
For
$SOFI, the key technical level is whether buyers can build on today's macro-driven momentum and reclaim nearby resistance with strong volume.
Charts tell the story before headlines do.
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