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Inflation Down! Is This The Market Rally We Needed?

Aug 12, 2026

The creator discusses positive inflation data (CPI down to 3.4%) and a decreased probability of a Fed rate hike in September, leading to a market rally. While the NASDAQ is up 1%, chip stocks are performing significantly better, driven by strength in the South Korean market. The creator highlights that Micron is approaching a resistance range and advises caution, while also noting the rise in Japanese 2-year bond yields and its potential implications for US Treasuries.

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The S&P 500 has remained elevated despite the confirmation that a peace deal was not true, prompting caution at these overextended levels.

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