If this speaks to you, you should enjoy this week's video...

100% of video recorded Friday, including post-close. Coming this evening.

Inflation concerns, corrections, and bear markets: opening segment of this week's video (what to monitor).

2:30 pm ET Raphael Bostic speaks
3:30 pm ET Mary Daly speaks

Noteworthy the Growth outperformed Value both Wednesday (after CPI) and Thursday. $VUG vs. $VTV

Charts similar to the May 9, 2023 chart were very helpful in May 2023 and again in October 2023. In this week's video, will cover two very important charts with similar looks in 2024. #Fed #Rates #Inflation

Ooof, quite a rush for protection.

There were nearly 25% more puts than calls traded yesterday on DJIA stocks.

That's one of the highest readings in a DECADE.

Markets and human nature:

'The future's uncertain and the end is always near.'

The Doors
Roadhouse Blues
1970

'Wholesale prices rose 0.2% in March, less than expected; The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.'

CNBC

S&P 500 AVWAP reference points, based on price action in 2024, include 5134, 5058, and 5006. 5006 is 4.72% below the March 28 closing high. Click image to enlarge. $SPX $SPY $VOO #CPI

More inflation data Thursday 8:30 am ET

Running around an 83% NYSE down day.

Eight Fed speakers between now and the end of the week. #FOMC #CPI

CPI above expectations 0.4% vs. 0.3% expected.

Inflation data Wednesday

Has the market shifted in favor of defensive consumer staples relative to the S&P 500? No. $SPY vs. $XLP was up 1.82% this week and printed a new weekly closing high, which is in stark contrast to late 2021/early 2022.

Buy and Hold Works Until

Details, Scores, and Charts: ccmmarketmodel.com/short-takes/bu…

#NFP #Inflation #InterestRates $IWM $RSP $VOO $XLK $SCHG $VUG $VTV #BullMarket $QQQ #FOMC