Up, Up And Away!
CPI, PPI, Japan Recession, Nobody Wants To Hear It. Up!
Up, Again. Zzzzzzz.
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Soon We Won't Need These Notes
If this price action continues we can just communicate by means of emojis.
Moon Emoji, Rocket Emoji, Dolla Sign Emoji and so on.
Now, don't knock it. Because laughing at this stuff and saying "It's Ridiculous" is why most people either missed out on or, worse, shorted the rally from the 2022 lows to today. Whereas by doing nothing - even just owning SPY - they could have piled up the free money very nicely thankyou. As the ideas in this service have.
We can all point to signs that the good times should take a breather, but that's always true. For now the trend is up. We'll see what impact, if any, the PPI report today has. But for now, let’s check in on our usual charts.
Paying members, scroll down for our take on the S&P500, the Nasdaq-100, the Dow Jones 30 and the Russell 2000.