Tomorrow there will be more free money but this time there will be even more free money to be had. CPI inflation data is coming Tomorrow and this means only 1 thing. A headline number that's lower than expectations, which means another possibility of a fed rate cut.. yes that good old rate cut talk, I mean we do really need a rate cut as this will only have a multiplying effect where markets will push up even faster and faster, what's better than free money, faster free money...
Tomorrow dow 40,000 and s&p 5700. Yes I said 5700. Every 100 spy points will now be even easier to achieve since 100 points on the spy is peanuts these days. So expect 6000 by end of July and 8000 by end of 2024. Just keep buying....and if we dip just .67% buy as much as we can because if the market by chance suffers a 1% drop the fed will be your superhero.
This market rally makes the dot com rally look pathetic....