Sam Weiss

It’s no coincidence the S&P 500 has pushed all the way back up toward its all-time highs. The market is setting up for a huge move after the FOMC decision on interest rates. Chances are the next leg of the bull market will kick off on Wednesday.

The market has likely already bottomed on the CPI report. But with the Fed Pivot set to happen next week, will there be more selling ahead?

With Core CPI coming in marginally above expectations (0.1%), all hope for a 50-basis point cut at the September meeting has all but evaporated. But the market’s are still on track to bottom within the next week. Likely on or around Fed day next Wednesday.

The near-term rebound is almost over, but will tomorrow’s CPI data save the market for another leg lower?

With Apple’s new AI powered iPhone 16 set to be launched today, and with the markets having reached deeply oversold conditions on Friday, we’re due for a big bounce. But how long will it last and are we getting any closer to a final bottom in the markets?

Market is now the grips of a full-blown double-correction. AVGO reported sound earnings and the employment came in as expected. But when the market enters a corrections, nothing will stop the bleeding until the market is oversold.

Nvidia (NVDA) reached a rare buy point at $104 a share today. While we may see a retest, the price is now attractive enough to buy at least at least an initial entry. We bought a little more than half of our targeted allocation.