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Stocks gained and the Dow stunned once again on strong-ish economic data suggesting that a soft landing is still on the table. Small Caps have achieved “meme” status in recent sessions as tired tech bulls rest their horns.

Stocks rose yesterday in a bumpy ride to fresh highs for the Dow. Small caps have gotten a boost with the increased likelihood of lower rates sooner.

Markets gained on Friday as the first of the bank earnings came in with positive surprises. The latest sentiment survey from University of Michigan showed a decline in confidence which can portend weaker growth.

Stocks sold off yesterday despite good news on inflation as weak hands holding high-flying tech shares decided to take profits and head to the beach. Inflation is cooling according to June’s CPI figure that was released yesterday morning.

Stocks rose yesterday because Powell signaled that he was ready for a well-earned vacation. Traders look to today’s CPI release for confirmation that the edge of the woods is near.

Stocks inched higher yesterday with a not-so-scary testimony from Jerome Powell. The guy wants more proof, but he likes what he is seeing – same story different words.

Stocks rallied to fresh highs yesterday as investors prepared for 2 days of Jay Powell talk on The Hill. Investors are hoping to see a softer side of the Fed Chair as he answers to lawmakers.