Rate Of ReturnJune CPI came in lower than expected and the markets cheered slightly. Software stocks turned positive by closing while massive capital was flowing back into chips and memory stocks. However, I still hold a neutral stance as the macro risk is still very real. With companies starting to report earnings from the end of the month, I will be paying close attention to what they have to say.
☕️ [Task Coins Giveaway] Daily Market Talk — Cool CPI Lifts Chips, IBM Craters 25%
Inflation finally broke the market's way. June CPI cooled hard to 3.5%, the biggest monthly drop in six years, gutting July hike odds and sending chips flying. But it was a split tape: JPMorgan and Go...
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