What to Expect from Tomorrow's June PCE Data

Collin Martin and Joe Mazzola preview tomorrow's June PCE data, and discuss the state of the rotation trade. They talk about how the S&P 500 retreated 2% on Wednesday for the first time since 2022.
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[@scottackley9948]

How does one have a low PCE indication with today's stellar GDP result? We get a high PCE figure tomorrow, IMO..

[@Thomas-fk6ep]

Let's hope so, so that my calls print. Haha

[@scottackley9948]

Take a look at Aug Gold, infact all the monthly contract Gold months. All getting slammed. I mean out of nowhere. Kitco is saying no demand is the cause ( I disagree). Inflation returns, Powell doesn't cut in September..

[@Thrive5732]

Does that help or hurt tech stock?

[@scottackley9948]

@@Thrive5732 high inflation data hurts overall stockmarket..

[@Thrive5732]

If you don’t mind me asking how do you see the report turning out in techs favor