📈 This Week's Inflation Data: Game-Changer for Stocks?

🔴 WATCH LIVE: Stock Market News | May 8, 2023 - Here's What You Need To Know:

📗 Want a FREE Hardback Copy Of My New Book “The Wheel Options Trading Strategy”

Here's what is happening in the markets today, Monday, May 8
- Last week, the Dow and S&P 500 had their worst week since March despite Friday's rally
- Regional banking stocks surge after PacWest (PACW) cuts dividend
- This week: CPI and PPI Inflation Data release
- This week's earnings: Tuesday: Fox (FOXA), Nikola (NKLA), Airbnb (ABNB), Rivian (RIVN), Disney (DIS)
- Wisdom from Warren Buffett and Charlie Munger at Berkshire Hathaway’s Annual Meeting

PLUS: How we trade these markets and our current positions

#todaysstockmarket #stockmarkettoday #stockmarket

[jasonannable]

Mark, you shouldn't beat around the bush. Would've been funny if you called out Markus. Don't be a ____ for a tick! 😂

[NomadJoe]

I’m no expert but I doubt there will be a rate cut in September. With unemployment at an all time low and real estate prices stubbornly high Powell won’t cut unless something really bad happens.

[jefflong]

Around the 15:50 mark you talked about the FIFO principle of options orders being filled. Could you explain that in some more detail?

[Po]

Hey Markus and Mark, just curious, are you guys still in RIDE?

[brendanquinn]

The Chairman of the Fed has made it clear that inflation must be beaten. Remember all the talk of the "pivot". Well that never occurred. I say rates will go up and stay up.