$SPDR S&P 500 ETF Trust(SPY)$   Classic.  Beautiful. 

To me, CPI just an excuse for investment firms to buy and dump stocks.  Every month the same thing, same cycle..😑😑so boring.  When the markets shoot up, they said investors welcome the data's, tomorrow they will say the fear resurface when the markets drop. 😁 I have been trading for so many years, I have never followed the CPI reports.. only the new traders without experience will grue themselves on the reports. 💩.. Simple theory, when markets keep going up, you must have fear.... When markets keep dropping, you must get ready..💰

Overview of the Markets The global stock markets experienced significant rallies as investors welcomed a cooler-than-expected US inflation report for April. This led to record highs in the US stock indices and positive performances in European and Asian markets. The report will provide a detailed analysis of the performance across major market segments: US, Europe, and Asia, followed by an outlook and insights. US Market: Record Highs Amid Cooling Inflation The US stock markets celebrated notable gains, driven by a slower-than-expected inflation rate for April. The Consumer Price Index (CPI) rose by just 0.3%, below the anticipated 0.4%. This moderation in inflation boosted investor confidence, propelling major indices to record highs. - Dow Jones Industrial Average: The Dow Jones surged b

The U.S. stock market experienced a significant boost on Wednesday, with the S&P 500 and Nasdaq Composite reaching all-time highs. This surge was fueled by a consumer price index (CPI) report that came in cooler than expected, coupled with flat retail sales, bolstering hopes for Federal Reserve rate cuts in the near future. Key Insights from Recent Data: 1. Consumer Price Index (CPI) Report: - The CPI rose 0.3% in April, lower than the anticipated 0.4% increase. - Year-over-year, the CPI increased by 3.4%, aligning with expectations. - Core CPI, which excludes food and energy prices, met monthly and yearly expectations. 2. Retail Sales: - April's retail sales remained unchanged, falling short of the projected 0.4% increase. 3. Federal Reserve Rate Cut Expectations: - The likelihoo

Mild CPI Means All Time Closing Highs   Meme stocks are Pulling back after a two day rush! Meanwhile, the S&P 500 broke 5,300 and joined the Nasdaq and Dow Jones ending the day at new record highs after the CPI print. Just after 4 PM EST, the $S&P 500(.SPX)$   traded up 1.17% past an all time high. The $NASDAQ(.IXIC)$   opened, setting an all-time closing high, and kept up a 1.40% climb to finish the day at 16,742.39.   The $DJIA(.DJI)$   reached a record close 39,908.07, up 0.88%.   CPI numbers f

Positive sentiment in preparation for rate cuts suggests this could go higher. I personally will be holding as opposed to buying. I think buying at ATH always presents more risk. I will continue to offload if it goes high, and continue to purchase on pullbacks.

$S&P 500(.SPX)$  ll still in bullrun n break

$CME Bitcoin - main 2405(BTCmain)$ $iShares Bitcoin Trust(IBIT)$ $WisdomTree Bitcoin Fund(BTCW)$  Coiled is an understatement. 🧨 $BTC It's getting ready for a big move.  Up or down? Be prepared. 

$E-mini Nasdaq 100 - main 2406(NQmain)$  $Invesco QQQ(QQQ)$   Pop all-time highs & close on prior resistance would be an interesting way to close to week. 🤔  Prediction: 18571

Winning the trade 

When I came across the post (see below), the first question that came to mind is “Why bother to wait for the big reveal from $Tesla Motors(TSLA)$ robotaxis on 08 Aug 2024?, when the future of robotaxis is already here and a thriving business ? What makes Tesla’s robotaxi is a cut above existing robotaxi services ? Is it tried & tested? No. Is it a viable business model? Absolutely not! Is it recognized and licensesd? No. So why bother? The Post I came across. If you have been seeing more Waymo robotaxis recently in Phoenix, San Francisco and Los Angeles, that is because more and more people are hailing one for a ride. The $Alphabet(GOOG)$ owned company has announced on Twitter/X that it's now serving

Producer Inflation data. On Tue, 14 May 2024 - US Producer inflation report for April 2024 was published. It was a disappointment to say the least. The price of things that manufacturers make (producer prices) went up more than expected in April 2024. This is because things like financial services and hotels cost more. In short, it means inflation is still high. Even though food prices went down a little, overall price of things companies sell went up. It is likely that the price of things one buys in stores/shops (consumer prices) will also go up soon. Will the Fed that manages US economy be “forced” to raise interest rates to fight inflation ? Producer Price Index (PPI) - April 2024. Report from Labour Department showed that: Monthly Producer prices rose +0.5% in April, for both Core P

$Gold - main 2406(GCmain)$  $SPDR Gold Shares(GLD)$ $VanEck Gold Miners ETF(GDX)$  #GOLD market focus on the #inflation data release. CPI data is set to be released in a few hours, and past releases have spurred gold prices. We are nearing the bottom of this correction. Any significant volatility and price drop in gold could present a strong BUY opportunity.

Annual CPI inflation for the March 2024 quarter was measured at 4.0%, a decline from last quarter's 4.7% annual inflation

Overview: In his recent statements, Federal Reserve Chair Powell characterized April's Producer Price Index (PPI) as "mixed" rather than "hot," signaling a cautious stance on potential interest rate hikes. Powell emphasized the need for patience amid high inflation, suggesting that interest rates may remain elevated for longer than anticipated. Despite expecting a gradual decline in inflation, uncertainties linger following subdued first-quarter price data, prompting a wait-and-see approach regarding the effectiveness of restrictive monetary policies. Market Segments: 1. Interest Rate Outlook: Powell's remarks indicate a prolonged period of high-interest rates, with the Fed likely to maintain rates within the 5.25% to 5.50% range. This segment examines the implications for borrowing costs,

$S&P 500(.SPX)$   🚨 Expect greater than usual volatility tonight with CPI coming in.