Tupperware Brands Corporation

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$1.86

(%)
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$1.86

Day Range

$ - $

Previous Day Range

$ - $

Market Cap

$86.5 million USD

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Previous Day Vol.

Currency

USD

Primary Exchange

New York Stock Exchange

Tupperware Brands Corp is a consumer products company that designs innovative, functional, and environmentally responsible products. The company distributes its products into nearly 70 countries. The company engages in the marketing, manufacture, and...


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To gain an edge, this is what you need to know today. Hotter Inflation Data Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is in the resistance zone. As is their pattern, the momo crowd was buying ahead of the release of the Producer Price Index (PPI) on hope strategy. The momo crowd’s hopes were dashed when PPI data came much hotter than expected. Here are the details: Headline PPI came at 0.5% vs. 0.3% consensus. Core PPI came at 0.5% vs. 0.2% consensus. The chart shows the stock market first dipped on bad inflation data, but as of this writing in the premarket, the momo crowd is aggressively buying the dip. Prudent investors, in The Arora Report analysis, would want to wait to see Consumer Price Index (CPI) data tomorrow before taking any action. CPI will be released tomorrow at 8:30am ET. The Arora Report previously shared that the Fed’s second blunder has loosened financial conditions way beyond where they should be based on the economic data. The Fed’s blunder is now showing up in meme stocks roaring back. Earlier this morning, GameStop Corp (NYSE: GME) was up 163% in the premarket on top of 74% gain yesterday. The meme crowd ran up AMC Entertainment Holdings Inc (NYSE: AMC) 156% this morning, trading as high as $13.30 in the premarket. AMC took advantage of the meme crowd to raise about $250M of new capital by selling shares at $3.45. When the company is selling shares at $3.45, why would the meme crowd buy the same shares at $13.30?  The answer is the meme crowd is not doing any analysis other than becoming a meme to cause a short squeeze. The last meme craze ended in tears for the meme crowd with big losses. As full disclosure, The Arora Report gave a number of successful, short term signals on meme stocks, taking advantage of previous crazes. If the ...Full story available on Benzinga.com

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What the heck is Uncle Bob going on about now?

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