SPDR S&P 500 (SPY): I'm inclined to say that the broader mar...

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Re: HARVARD LAW post# 381754

Saturday, 03/16/2024 1:19:09 PM

Saturday, March 16, 2024 1:19:09 PM

I'm inclined to say that the broader market will trend down more. Chips may stilt it up, but Wednesday will be interesting...

Projecting a very bad Thursday-Friday.

PPI is more important than CPI and is a good reason for rush into gold. Producer cost means more than consumer cost. The fact that we didn't trade lower is worrisome. It may impact June cuts and we might see a structure shift away from this rally, cooling off until June. Fed meeting Wednesday offering any insight will highly impact the end of the week into next week. NVDA might rally, but I consider this, long term to be the first significant notch on the post against euphoria of higher highs.

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