AI, Inflation and the Stock Market - what's coming?

June 27, 2024 - Update

Here is my quick weekly update.

The Nasdaq closed up 1.4% and looks good heading into this week. Volume was above average and the MACD momentum indicator is very close to completing a bullish crossover.

Looking at the 10-year treasury, we finished the week slightly up. Yet, the trend is still pointing down, which is what I want to see.