After a colossal five-month rally, the markets experienced a modest pullback in April. Despite just a 6% dip, all major indexes swiftly bounced back, nearly reaching all-time highs. Yet, I'm wary. We'll review a trade that wins if the market pulls back again. Unless there's a solid fundamental underpinning this surge, I doubt its sustainability. Inflation has been stubbornly high for months, and today's hotter-than-expected producer price index report only reinforces that notion.
Click here for the full disclaimer.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: