Positive research piece out....CPI aiding too obviously

MU - Chart Link

AMAT daily

DSL - Chart Link- ex dividend yesterday, but price moving back up today

CEG - Chart Link- continues following through, trail stops up, it's had quite a move, perhaps a stop at yesterday's lows now

FE - Chart Link- been on the list for a few weeks, steady eddy move higher

BIIB - Chart Link- following through nicely! finally moving pretty good. Triggered about 2 weeks ago from that flag pattern

CNQ - Chart Link - crude oil still working lower

dell nice pop

Buy as long as Janet is printing.  I tried every AI I could think of to get one to draw me a picture of Janet Yellen with a printing press with a caption reading 'saving democracy 1 trillion at a time'... But all the major ones from the Bay area refuse. Chat GPT was drawing me pictures up until yesterday. It's probably been a few weeks since I've tried, but yesterday it says that it can't do pictures and that I should try something like Adobe Photoshop. LoL  Looks like they're putting up their own guardrails little by little to not blow each other out of the water with their products. 

Grok was letting me create detailed profiles of other users just a few weeks back and now it pretends like that feature never existed. Interesting to watch a lot of stuff Get rolled back as people freak out.

$BTCUSD ... big day in the Farmville ecosystem ... but BTC is still stuck under it's 50dma for now at least  ... which is also declining .....

UNH

MRK

ESTC ... trading isn't complicated in 2024 .... just buy ...   

CRWD ... 

MSTR - Chart Link

Bullish ...    like higher or lower CPI ... lol ... 

KR daily  either or play but im thinking down.

im not holding wmt through earnings.

SMCI daily   watching

Wow, retail sales not good again. I don't think this really affects the AI overlord trade so much. They're in full-on battle mode and likely will be for I'd say a couple years at least. Most of them get their revenues from businesses and especially the government, so they're not as sensitive to this number.

This supports what I was saying yesterday about demand not necessarily being the reason for some of the commodity rallies we're seeing (Gold yes, Copper no)

Mostly inline. Inflation still pumping enough to hold up revenues. Didn't miss by more than .1 so option 2 is in play and we're likely bullish.

USA Retail Sales (MoM) For April 0.0% Vs 0.4% Est.; 0.6% Prior