The Market Technicals, Energy Stocks in 2023, and Tomorrow's CPI Report 1/11/23
Despite the pain of inflation, higher interest rates, and falling earnings expectations, do the technicals suggest better days ahead for stocks? Piper Sandler's Craig Johnson weighs in. Plus, the energy sector had a record year in 2022, soaring 59% on average. RBC Capital Markets' Biraj Borkhataria discusses the outlook for the sector this year. And, ahead of tomorrow's CPI report, the bulls may be in control, with signals suggesting a continuation of the near-term price action. Horizon Investments' Zachary Hill gives his views on the markets.
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