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8:30 AMUSDConsumer Price Index (MoM)(May)0% -1.250.1%0.3%
8:30 AMUSDConsumer Price Index (YoY)(May)3.3% -1.343.4%3.4%
8:30 AMUSDConsumer Price Index Core s.a(May)318.14--317.62
8:30 AMUSDConsumer Price Index ex Food & Energy (MoM)(May)0.2% -2.040.3%0.3%
8:30 AMUSDConsumer Price Index ex Food & Energy (YoY)(May)3.4% -1.583.5%3.6%
8:30 AMUSDConsumer Price Index n.s.a (MoM)(May)314.069-1.41314.37313.548
INFLATION DOWN…across the board
 
mr.h said:
8:30 AMUSDConsumer Price Index (MoM)(May)0% -1.250.1%0.3%
8:30 AMUSDConsumer Price Index (YoY)(May)3.3% -1.343.4%3.4%
8:30 AMUSDConsumer Price Index Core s.a(May)318.14--317.62
8:30 AMUSDConsumer Price Index ex Food & Energy (MoM)(May)0.2% -2.040.3%0.3%
8:30 AMUSDConsumer Price Index ex Food & Energy (YoY)(May)3.4% -1.583.5%3.6%
8:30 AMUSDConsumer Price Index n.s.a (MoM)(May)314.069-1.41314.37313.548
INFLATION DOWN…across the board
Click to expand...
Rick James GIF
 
THURSDAY, JUNE 13
8:30 AMUSDContinuing Jobless Claims(May 31) 1.82M1.521.8M1.79M
8:30 AMUSDInitial Jobless Claims(Jun 7) 242K1.91225K229K
8:30 AMUSDInitial Jobless Claims 4-week average(Jun 7) 227K--222.25K
8:30 AMUSDProducer Price Index (MoM)(May) -0.2% -1.550.1% 0.5%
8:30 AMUSDProducer Price Index (YoY)(May) 2.2% -1.052.5% 2.3%
8:30 AMUSDProducer Price Index ex Food & Energy (MoM)(May) 0% -1.400.3% 0.5%
8:30 AMUSDProducer Price Index ex Food & Energy (YoY)(May) 2.3% -0.602.4% 2.4%
Nice drop
 
According to a survey from Resume Builder of over 1,000 decision-makers, 90% of companies plan to urge employees back to the office by the end of 2024. And almost 30% of these leaders say they will threaten to terminate employees who don't oblige with the new return-to-office plans.Mar 14, 2024
It’s happening …Customers are demanding it…These terminations, imo, will quicken rate cuts.
 

Bankruptcies, Unemployment over 4%, bank failures are next, consumer debt is up, savings rates are down, real estate is stagnant, Fed only has 4-6 months left of cash before the next big fight in Congress.

inflation will drop due to all of them

at some point soon they will need to drop rates to prevent a harder landing. The soft landing is still possible but not probable.
 
TheEye said:
I don’t know when my managers bought mine for me, but it is up 84% since they did.
Click to expand...
UPI-Nvidia (NVDA) overtook Microsoft (MSFT) on Tuesday as the most valuable company in the world just two weeks after it took the No. 2 spot from Apple (AAPL).

Nvidia's stock price rose about 3.5%, eclipsing $135 per share and giving the chipmaker a market capitalization over $3.33 trillion. With a 0.4% slide on Tuesday, Microsoft's market cap stood at nearly $3.32 trillion.
 
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8:30 AMUSDBuilding Permits (MoM)(May)
1.386M-2.001.45M1.44M
8:30 AMUSDBuilding Permits Change(May) -3.8% ---3%
8:30 AMUSDContinuing Jobless Claims(Jun 7) 1.828M1.631.81M1.813M
8:30 AMUSDCurrent Account(Q1) $-237.6B-2.99$-206.4B$-221.8B
8:30 AMUSDHousing Starts (MoM)(May) 1.277M-0.971.37M1.352M
8:30 AMUSDHousing Starts Change(May) -5.5% --4.1%
8:30 AMUSDInitial Jobless Claims(Jun 14) 238K0.40235K243K
8:30 AMUSDInitial Jobless Claims 4-week average(Jun 14) 232.75K--227.25K
8:30 AMUSDPhiladelphia Fed Manufacturing Survey(Jun) 1.3-0.4854.5
Jobless claims higher than expected, but less than last month
Building and housing starts down
 
TheEye said:
I don’t know when my managers bought mine for me, but it is up 84% since they did.
Click to expand...
I'm kicking my self so ******* hard. I bought in on Sept 1 2022, those positions are up 847%. Should have bought waaaaaay more, and I knew it too because they were the clear and obvious chip leader especially in AI. I bought right after Stable Diffusion was released. Re-bought more this january..

Honestly I think there is no going wrong keep investing in them. AMD is okay, but waaay behind with their software. Intel is behind at least a few years until their chip fabs come online, and even then its honestly mostly banking on taiwan getting ****ed. I actually really like AMD, they have excellent CPUs. But their GPUs are just not really close to Nvidia unfortunately.
 
9:45 AMUSDS&P Global Composite PMI(Jun) PREL 54.6--54.5
9:45 AMUSDS&P Global Manufacturing PMI(Jun) PREL 51.70.645151.3
9:45 AMUSDS&P Global Services PMI(Jun) PREL
55.10.8953.754.8
This confirms that private sector business is expanding….
 
I knew the post today would be on nvidia… just a cash out for employees and long term holders is all it looks like.

Apple isn’t going anywhere. Too many people like
Myself brainwashed with their products
 
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Canefan4life said:
I knew the post today would be on nvidia… just a cash out for employees and long term holders is all it looks like.

Apple isn’t going anywhere. Too many people like
Myself brainwashed with their products
Click to expand...
AI and rate cuts will drive the mkt.
 
mr.h said:
AI and rate cuts will drive the mkt.
Click to expand...

You have a ton of hopeium for AI. Near term: rates are a much bigger factor along with unemployment, bank failures, defaults, and inflation. Long term: AI will have positive and negative impacts to the economy and market.
 
8:30 AMUSDContinuing Jobless Claims(Jun 14) 1.839M1.741.82M1.821M
8:30 AMUSDCore Personal Consumption Expenditures (QoQ)(Q1) 3.7% 0.673.6% 3.6%
8:30 AMUSDDurable Goods Orders(May) 0.1% 0.11-0.1% 0.6%
8:30 AMUSDDurable Goods Orders ex Defense(May) -0.2% --0%
8:30 AMUSDDurable Goods Orders ex Transportation(May)
-0.1% -0.940.2% 0.4%
8:30 AMUSDGoods Trade Balance(May) PREL --$-96B$-99.2B
8:30 AMUSDGross Domestic Product Annualized(Q1) 1.4% 0.001.4% 1.3%
8:30 AMUSDGross Domestic Product Price Index(Q1) --3.1% 3.1%
8:30 AMUSDInitial Jobless Claims(Jun 21) 233K-0.40236K238K
8:30 AMUSDInitial Jobless Claims 4-week average(Jun 21) 236K--233K
8:30 AMUSDNondefense Capital Goods Orders ex Aircraft(May) -0.6% --0.2%
8:30 AMUSDPersonal Consumption Expenditures Prices (QoQ)(Q1) 3.4% 0.983.3% 3.3%
8:30 AMUSDWholesale Inventories(May) PREL --0.1% 0.1%
GDP 1.4% vs 1.3%
Fractional movements
PCE Monthly and YOY tomorrow
 
90scane said:
You have a ton of hopeium for AI. Near term: rates are a much bigger factor along with unemployment, bank failures, defaults, and inflation. Long term: AI will have positive and negative impacts to the economy and market.
Click to expand...
I am predicting rate cuts will follow all those negative factors you list. Looking into 2025 before those are a major factor.
 
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