Strong Retail Sales Data And Nvidia Help To Lift Stocks For Now

[@PoBox-ix7lc]

The insight you bring to charts is more valuable than most people know....thank you!

[@JoePieczynski]

I feel you, emotionally letting go of a correlation that has worked is hard.

[@molecularpathology]

Keep going. When people laugh at you, you know you are right!

[@caleb-g7y]

good catch on bearish engulfing candle..

[@mjbucar]

Thank you Mike.

[@MarkHorne-mp2gu]

thanks Michael! especially the Kospi / Russell chart !

[@JDdollars]

i feel u about when we talk about stuff.someone always listening for sure.

[@mistermcluvin2425]

Great information! Thanks Mike.

[@bssb936]

Amazing thanks

[@mauriceholton6972]

Thanks Mike

[@BAT_SHooT_CRAZY]

I'm not a correlation guy, I was but it never panned out. I developed very specific tools for the indexes and I'm quite happy with them. Hope they'll continue to work for years to come....

[@blank-964]

thanks

[@janremus1539]

Inventory levels? Sales? Measurements?

[@Kombaiyashii]

Thanks again mott. I was wondering whether the reasonable inflation data has anything to do with the fall in oi. In a recession, oil would likely drop very low and we could be heading that way but markets aren't recognising it because we obsession over inflation numbers because that would make the fed less inclined to cut interest rates as aggressively. Thus stocks are increasing because of this while in the background, deflationary recession like forces are materialising. Wondering if you have any thoughts on that?

[@istvanpraha]

Not aimed at you, but the market: the market things everything is positive. If its not positive, just don't report it! Say it in an earnings call and the media will "forget" to report it. Also, rally multiple times on the same news! I've never seen anything like this.

[@JDdollars]

great info sir

[@Blastoplastify]

Do you not think its concerning that nasdaq is dropping despite good economic data and strong earnings from NFLX and TSMC?

[@Servistus]

It’s down a little off ATH because chips pulled back after ASML’s earnings disclosure

[@mjrenn0000]

Everything is concerning but the market is not concerned.

[@JDdollars]

its tsm and asml er that its crazy like this

[@louismatherne6808]

What does the KOSPI versus the RUT look like if you take Samsung out?

[@TY-qn6ed]

They have to sell today and tomorrow for anything to happen to the downside

[@wavymcfly]

🔥🔥🔥🫡🫡🫡

[@blank-964]

thanks