The market story of 2024 encounters some “second-act problems,” where conflicts escalate and characters are tested.

Reawakened bond volatility and a repriced Fed path take the S&P 500 back to levels of five weeks ago - the moment of peak “we can have it all.”

What’s changed,…

Product-testing company $ULS closing up 24% after debuting on the NYSE today. Could there be more upside for the stock? Michael Santoli takes a look at the Renaissance IPO ETF to assess, which he calls 'a decent indicator for the appetite for some mature potential IPOs.'

As the S&P 500 clocks in back-to-back weekly losses, Michael Santoli takes us to the charts to break down the data and track commodity prices against the software sector over a five-year period.

Is pain at the pump imminent? 'Gasoline prices up 15-16% in less than three months certainly has the attention of people wondering what it means for inflation,' says Michael Santoli. He breaks down the average hourly wage vs. the cost of filling up a tank on a gallon of unleaded.

'Apple was a big part of the story as to why the headline S&P 500 did well today...and also why it's outperformed today and for the last little stretch,' notes Michael Santoli, who breaks down the index's performance and what sectors are on his radar.

“This general view of a strong U.S. economy with pricing power & an upswing in earnings hasn’t been applied equally to all cyclical sectors,” says Michael Santoli. He takes a closer look at the charts:

Tracking the momentum trade! @MichaelSantoli digs into the charts:

How have market-based inflation expectations been tracking? 'They've been tracking higher, at least since late last year,' says Michael Santoli, who adds that nominal treasury yields are up. He breaks down where the market is forecasting inflation over the next five years.

While the rest of us are on watch for another $AMZN record close, Michael Santoli takes a look back at the mega cap giant's run over the last five years. 'You remember the massive move in the heat of the pandemic that Amazon had? It's been working off that for quite some time.'

The top year-to-date performers in the S&P 500 all heavily for sale today. Pin it to tax payments, heavy-handed rotation or a general 'Enough for now' message from the market...

As economic forecasters keep expectations in check, economic data has been continuing to actually outpace expectations. Michael Santoli looks at the Citigroup Economic Surprise Index– a representation of the sum of the difference between official economic results and forecasts.

How are markets postured ahead of key inflation data coming this week? Michael Santoli takes a closer look at the charts:

A 2% dip after a five-month, 28% ramp: mere noise or possible signal?

The wobble in what’s been an unusually steady S&P 500 climb comes with bond yields and oil prices pushing the upper end of their range and a staticky Fed message.

A little shakeout to wake the complacent? Or…

A 2% dip after a five-month, 28% ramp: mere noise or possible signal?

The wobble in what’s been an unusually steady S&P 500 climb comes with bond yields and oil prices pushing the upper end of their range and a staticky Fed message.

A little shakeout to wake the complacent? Or…

A powerful current

Our @MichaelSantoli takes a look at some shocking market outperformers in the past year: electrical component suppliers

We got a little bit of a stutter step in the broad markets this week - but will it turn into a stumble?
@MichaelSantoli digs into the charts

Sure, this is when the earthquake hit but I was reacting to the DJIA trying to test its 50-day moving average from below right here.
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