A Look At Inflation Over The Long Term

by | May 12, 2021 | Daily Note

  • The big CPI number today really rocked the markets
  • How bad was it historically?  Yawn
  • Will it be transitory or something a little longer? 
  • The DeMark signals on the CPI chart is pretty cool
  • The market is at a make or break level with several indexes with DeMark buy Setup's
  • Sentiment remains over 50% and when that breaks it will be very clear what's happening
  • On today's note:  Weekly ETF sector focus, internals starting to weaken, SPX, NDX YTD attribution
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