It is out and it is much worse than I thought In fact Pump...

It is out and it is much worse than I thought In fact Pump prices for Petrol dropped the last few days of June and have continued to drop in July. So just like petrol prices caused a drop in MOM in April to 0.3%. It was also very clear that it would be much higher in May which it was 1% MOM. I do not know how Fed could say they were surprised when May was high. So, food and fuel cause June to go up. Fuel is going down So I expect July CPI to be lower. Food will go up then down since fuel is a major component of Food but there is a lag.

What does this mean for Lynas SP. Unless Revenue is much better than I expect, AUD 395 ~ 425M . Lynas will be announcing right into the turbulence caused by this report. It may pop to AUD 8.00 but I doubt it will hold above 8.00 for very long. If revenue is great then Profits will be great and all numbers will increase dramatically with 22 AR over 21 AR. July CPI should be lower and that will cause a general run up in ALL Stock Prices. If the AR is realy good which we should be able to predict Monday And Lynas can release AR close to August 10th, CPI release, than a pop to AUD 9.00 would not surprise me. Still doubt it will hold that level not because of anything at Lynas just overall stock market conditions.

Here is the BLS Web site. I maintain for the next year this will have more impact on stock prices than anything companies do. It is not hard to predict if you know how it works! https://www.bls.gov/cpi/

Here is one that is out of date but gives lots of incite to CPI https://cpiinflationcalculator.com/the-consumer-price-index-cpi-grew-by-0-3-in-april/