November 14, 2023

The start of a face ripping rally - violent moves - 11-14-23 Market update

46 minutes

CPI data came in line and like Tom Lee of Fundstrat said - this is likely the start of a face ripping rally.

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NOTES

CPI today - this is the monthly - if it shows Fed won the fight against inflation - that’s going to set us up for the Santa Claus rally

1 month - unchanged - that’s the low

Year over year - 3.2% - one tenth lighter than expectations

Rates down on bonds

Under 4% since May of 2021

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This is the face ripping rally that Tom Lee predicted last night - https://x.com/fundstrat/status/1724223487823298786?s=20

HD Earnings - YAWN - they were fine - ripped when market opened along with other interest rate sensitive stocks in real estate

My Weekly Stock pick is $MSFT again

$nvda up 20% this month - I’m still not back in and regret it - they released a new ai chip

$AMD and $ON semis are both a buy with an upgrade

Oppenheimer favors tech amid upbeat prediction for S&P 500

Good list of stocks

Berkshire Hathaway: Time To Be Greedy _ I agree - look at the chart

Social requests

Bullish bytes from Instagram asked about $crwd.

SCANS

$OXY

$DVN

$XOM

$PEP

$WMT

$TBT

$SRTY

$XLV

$XLE

$DXCM

$HUYA

$TRV

$HON

$PG

$FTNT - interesting - I like $CRWD and $PANW

$GD

Energy Names that are bullish

$XLE

$SHEL

$ET

$UCO

$ARCH

$HAL

$OIH

...more

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By Gary Vaughan

33 ratings