Mar 29th Stock Market Update Personal Consumption Expenditures rose 2.8% as expected

$CAVA $KSPI

Market

"Personal Consumption Expenditures (PCE) rose 2.8% (12 mo) as expected and up 0.3% from a month ago. Consumer spending shot up 0.8% vs 0.5% expected ” 🤑 🤨 

Markets were closed on account of Good Friday, so we were flat. This is Thursday’s close

For the quarter, SPY outperformed the NASDAQ and Dow as well as small cap index

Our subscription service gives specific entries and exits for both long term holds and swing positions. You should subscribe.

For the quarter, technology still did well at over 8% growth

The NAR ruling really hit real estate stocks for the quarter, but also builders are getting hammered on higher interest rates weighing on consumer mortgages.

Insights from my portfolio

Video of the day

Today’s video is on Intuitive Surgical, a robotic surgery medical instruments company.

Deep dive of the day

Good setups for swing

Buy $CAVA now and keep it for 1 Quarter - will get to $90s

$KSPI should get to $135 and then break down