As I look at $NVDA $TSLA $MU $SNDK $AAPL
They all are showing they are ready for a breather/move lower.
This comes on the eve of the most important CPI reading of 2026.
The CPI Reading that could lead us to a new Rate Hike Cycle.
This would be the first Since 2022.
There is only one time the Fed has ever had a
"One and Done" when it comes to rate hikes.
That was 1997 and a 25bp hike.
@Rick61121514
Rate Hikes are normally signals to go into cash.
This one is complicated.
1. Inflation isn't clear. Its Oil and AI Infra.
2. Raising Rates wont fix this type of inflation
3. Midterms
4. We have $10T to refinance
5. Take out Oil and AI and Inflation is low.
6. Take out AI and we are in a recession.
Let's see how this plays out. But I don't think we are starting a 2022 rate hike cycle.
God Speed! I'll see you on the other side.