Not much change...
CPI is not important, important is how the market reacts!
CPI is not important, important is how the market reacts!
What needs to happen for the (intermediate) bull case?
Market 10 MA > 20 MA in > 3% pullback while higher beta industry groups showing relative strength and breath too.
Until then stay with max 30% long exposure.
What needs to happen for the (intermediate) bear case:
SPY pullback, breath weak, higher beta industries weak.
Then its fine to consider shorts and get out of longs.
Watch this video on macro, transitionary goldilocks first, deflation crash later, the market behavior agrees!
Here is the stock list. Sorry, was not able to curate it, I had some calls this morning, it comes directly from my screen:
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