๐ Magnificent 7 Flops, A PPI Surprise and We Haven't Seen This Since 1979!
Here's what is happening in the markets today, Friday, July 12th
- S&P hammered while RUSSELL soars
- Should we start paying attention to the S&P 493?
- PPI numbers confirm an inflation surprise
- Banks kick off earnings season
- Jamie Dimon has some inflation comments to share
- Tesla (TSLA) gets downgraded after delaying its robotaxi event
PLUS: I sold calls on HAL and we had 4 WTF exit signals and 1 entry signal.
This wraps up today's stock market news.
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