QQQ up a decent amount to start the day, with Spy and Dow both falling, likely due to uncertainty around the president's comments going both ways on the fate of the infrastructure bill.

Bitcoin peeks up above 35k again, holding in the range of $30-35k is a good sign but of course we need a significant break above $40k before we declare real signs of strength.

Slow week on the news front, with the most significant development coming on Friday as investors wait for labor market data.

All 3 major indexes gap up to start the day, Dow continues going up while Tech and the Q's pullback a little.

Investors get excited about asset recycling, which in a nutshell is the government selling their property to private parties/companies (think airports, utility plants, and roads).

Consumer spending report comes back flat for the month, and consumer income is down 2%. These factors may help stave off inflation for a little longer.

Bitcoin still hovering between $32-34k, relatively uneventful.

Substantial gains today for all 3 indexes, with the Spy and QQQ setting new all time highs led by the Financial, Energy and Tech sectors.

Big news of the day comes out of DC, where a bipartisan committee has come to terms on an agreement to move forward with President Biden's infrastructure plan. Total cost is agreed to be around $600 Billion and will focus on items such as power grids, public transportation, electric vehicle charging stations, high speed internet in rural areas, and replacing lead water pipes.

Bitcoin crosses above 35k and holds out right below there to end the day, good sign but still looking for that cross over the $40k mark to show true strength.

Market gaps up quite significantly to start the day, coming off news of weekly unemployment gains falling and record number of job openings.

Economy is in an interesting place due to raw material shortages, inventory surplus, and record level of consumer savings. Will this play into an inflation scenario?

Bitcoin still holding between the $32-34k range which gives us a nice breather after the recent slide and volatility.

Market closes slightly down but flat for the most part, a welcome calm day given recent volatility. 

Fed Reserve Governor Michelle Bowman says inflation seems to be happening sooner than expected, but long run will be manageable. Some Fed Executives want to speed up the timeline for backing off of easy money policies, however chairman Jerome Powell seems to be remaining firm on his stance on the timeline.

 A reminder that money velocity influences inflation as well as supply, which could play a role due to the revenge spending taking place this summer. 

Bitcoin holding around 33-34k, still need to break 40k to show true signs of strength.

Dow, Spy, and QQQ all open relatively flat but up, looking to build on record closes yesterday. So far energy sector is buoying the Spy to gains on the day. Bitcoin creeps back up above 34k after erasing the 10-15% losses incurred over the past couple days, highlighting its volatility and showing it still has a way to go to show true strength.