Everything lined up for the rally to continue today. Inflation numbers came in better than expected, and this was huge. Consequently, bond yields dropped, and stocks have risen pretty steady across the board.
The volatility this week has been interesting, and it can be contributed to conflicting views coming out on interest rates and inflation, as well as lots of options activity. We should settle in a little more next week, and this will provide a good indicator of where we'll be heading over the summer.
At this point, I'm still a little cautious. I'm thinking we'll still see some volatility, and this will allow investors to make some money. So if you've done your research, you can catch some swings.
Have a great weekend!