SPY and QQQ both holding up.
CPI came in mostly as expected—headline at 4.2% like predicted.
The bright spot was core month-over-month: 0.2% vs the expected 0.3%, and way better than last month's 0.4%. That's half the previous number.
Owner equivalent rents eased a bit
$PLTR
If we drop below $123, $100 could come fast.
Price has been looking weak since that third rejection at $160.
Think this could slide pretty quick over the next few weeks.
EBITDA? It’s a biz metric—earnings before interest, taxes, depreciation & amortization. Basically, how much cash a company makes from its core operations. Simple.
Iran's oil exports are tanking.
May saw just ~209,000 barrels a day—lowest since early 2020. Down -84% from April and -89% from March. China imported 1.1m bpd in May, lowest since Jan 2025 per Kpler.
US naval blockade (started April 13) is blocking most ships from Irania
🚨The S&P 500 $SPY shed about $1.8 trillion in total market value this week.
Most of that hit came from the tech sector that was on fire. Could this be the beginning of something bigger?
@i_sino_i@sircalebhammer@joerogan Following Pelosi trades has been a decent strategy for a while now. Not sure it makes you a "real one" though, just means you pay attention to where the smart money flows.