AAPL breaks out to new all-time highs- Here’s what the relative picture and weekly cycles suggest

S&P and QQQ are likely to rally ahead of this week’s CPI and FOMC meeting.  However, a weaker than expected CPI report along with discussion of two interest rate cuts for 2024 might help to add conviction to the rally given what’s been priced into the current Dot plot.  Overall, more evidence of broad-based participation getting underway would be encouraging for the prospects of uninterrupted Equity gains into the Fall...

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