Inflation continues to move in the right direction, notes Collin Martin. He and Nathan Peterson discuss how stocks are set to close positive for the week. Collin notes that the 10-year treasury yield below 4% suggests that markets aren't convinced that a soft landing is likely. They talk about what we learned about today's inflation data. Nathan highlights that seasonality for the SPX was not great here with August and September being two of the worst performing months historically. They go over the technical trends to watch on the S&P 500 (SPX). Tune in to find out more about the stock market today.
Market On Close
28 Jul 2023