Summary
A sharp upside move in Oracle and related tech names has distorted market breadth, while weaker-than-expected PPI data has turned investor focus squarely onto tomorrow’s CPI release. Today’s video reviews the coming CPI report and how it could determine whether the Fed moves by 25 or 50 basis points at its next meeting, making it a pivotal driver for rates and equity flows. Meanwhile, the write-up focuses on Oracle and Broadcom, the pitfalls of technical analysis, and the hyper-spenders.