Archive for May 2024

S&P 4566.6 …

The market has been building a valuation top for an inordinate amount of time since March 23. It appears that the reason it has taken so long is the market has been waiting on the AI capstone, NVDA. It now…Continue Reading →

A Slowing Consumer…

It will be fascinating to see how the markets interpretation of the PPI, CPI, and Consumer sales numbers end up by Friday’s close. Big question, is a slowing consumer going to be a factor. We will see. Update at 10:40…Continue Reading →