I actually wanted to send you a message 2 days ago about same... regarding the POG and then decided to see how PPI will print and what weight will carry in this cycle.
PPI pressed POG down but Michigan Consumer Sentiment ensure POG to recover. Not sure if you follow this indicator (MCS) but it is very accurate and many instos do follow it and trade around those numbers. MCS hasn't been this weak since covid. And outside COVID MCS hasn't been this weak for probably last 20 years. It is screaming recession.
Ann: Boda-Kaiser Scoping Study, page-70
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40.0¢ |
Change
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Mkt cap ! $241.3M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.5¢ | 39.5¢ | $217.3K | 543.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8800 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 140277 | 5 |
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