Fed Funds Rate expected to see 5 interest rate cuts over the next 12 months despite hot economic data.
Tech and semis taking the reigns of this market, once again!
Haven't seen a month that was once down 10%, close less than 2% since the Great Depression.
What was once broken resistance is now acting as support on SPY.
Expectations over the course of the next year shows an ugly picture for inflation.
FOMO starting to bring back semis and tech into market leadership.
For 2.5 years now, the market simply can't get mortgage rates to go down. Big pop last week.
Retail sentiment is deteriorating as the mood has fallen in 3 of the last 4 weeks, while equities are trending higher.
Energy showing some life, perhaps new leadership from Real Estate?
Heaviest short interest, by a long shot, in the last six years.