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Buy CANE, Sell INGR On Coca-Cola Switching To Real Sugar, A Tell For Stock Market From Trump-Powell Drama
Benzingaยท 2025-07-17 18:39
Market Reaction to Trump-Powell Drama - The stock market reacted negatively when news broke about President Trump's draft letter to fire Fed Chair Powell, but rebounded after Trump backtracked [5] - The VUD indicator remained mostly green, indicating net demand for stocks despite the initial drop [5] - The overall market sentiment suggests that concerns over the potential firing of Powell and the Fed's independence did not significantly impact stock prices [5] Money Flows and Investment Opportunities - Positive money flows were observed in major tech stocks including Apple, Amazon, Meta, Nvidia, Microsoft, and Tesla [4] - Conversely, negative money flows were noted in Alphabet Inc Class C [6] - The momo crowd's aggressive buying during dips indicates a lack of deep analysis among some investors, while smart money remains divided on the long-term implications of a potential Powell firing [5][7] Earnings Reports and Economic Indicators - Taiwan Semiconductor Manufacturing Company (TSM) reported earnings that exceeded consensus expectations, which is significant for companies like NVIDIA and Apple that rely on TSM for chip production [5] - Initial jobless claims came in at 221K, lower than the 230K consensus, indicating a strong job market [5] Coca-Cola's Shift to Real Sugar - Coca-Cola has been persuaded to switch back to using real sugar in its U.S. products, which may increase sugar demand and require more imports [5] - Investment signals have been issued to buy the sugar ETF Teucrium Sugar Fund and short sell Ingredion Inc, a major high-fructose corn syrup producer [5]