@Optionspuppy:Cpi ⬇️⬇️⬇️📈📈stocks up i except cpi to fall   Hey there, finance enthusiasts! Today, we're diving into the exciting world of the stock market and how the recent decrease in the Consumer Price Index (CPI) can have a positive impact on the market. So, grab your calculators and let's break it down! On Tuesday, the U.S. Labor Department's consumer price index reading is expected to show a slight cooling of inflation in May, although core prices are likely to have remained elevated. This news coincides with the first day of the Federal Reserve's meeting, where traders anticipate the central bank to hold interest rates at the 5%-5.25% range. Additionally, there's a 53% chance of a 25-basis-point increase in rates in July, according to the CME Fedwatch tool. Now, you might be wondering,

@Ultrahisham:Euphoric exuberance all around The markets have been in a very buoyant mood lately. And calm despite the macroeconomics. That just makes me more cautious. Despite overbought levels and market worries as well as bearish sentiments, the market keeps driving up. Now, sentiments have turned bullish and many are saying the markets have entered a new bull market. Really? I beg to differ. In fact, the markets have all the hallmarks of a top. 1. Narrow breadth. Only 6 or 7 megacaps lead the market. This must be one of the thinnest 'bull market' ever! 2. The equal weight broad market market index is trending down. The divergence from the normal broad market index cannot be understated. 3. The market have never bottomed so way ahead of the Fed's final rate hike. And they may not be even done yet!