Inflation eased
Srock market rose last week as inflation eased for 6 consecutive months! Some stocks picked up steam, cleared key levels and ended the week with strong gains.
This week, many Fed officials will be speaking, with a few economic reports and data to be released. Therefore, do not get too excited about the rally yet. Some stocks are quite overbought, hence some form of retracement would be expected.
$iShares 20+ Year Treasury Bond ETF(TLT.US$ $USD(USDindex.FX$ $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $E-mini Dow Futures(JUN4)(YMmain.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $Tesla(TSLA.US$ $SPDR Portfolio S&P 500 ETF(SPLG.US$ $Vanguard S&P 500 ETF(VOO.US$ $Dow Jones Industrial Average(.DJI.US$ $Financial Select Sector SPDR Fund(XLF.US$ $Morgan Stanley(MS.US$ $Netflix(NFLX.US$ $Spdr S&P Bank Etf(KBE.US$ $Direxion Daily S&P 500 Bull 3X Shares ETF(SPXL.US$ $Goldman Sachs(GS.US$ $Carbon Minerals Ltd(CRM.AU$ $Enphase Energy(ENPH.US$ $SPDR Gold ETF(GLD.US$ $Rivian Automotive(RIVN.US$ $Interactive Brokers(IBKR.US$ $Bank of America(BAC.US$ $Lululemon Athletica(LULU.US$ $Spotify Technology(SPOT.US$ $Palantir(PLTR.US$
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