Inflation Data Was Released This morning

[] Inflation data was released this morning and the results came as quite a surprise. [] [] [] Inflation Data Was Released This morning Before markets opened this morning the Bureau of Labor Statistics (BLS) released Consumer Price Index data (CPI, which measures inflation) and the results came as quite a surprise. Inflation came in at 3% year-over-year. That's .1% lower than expected on a year-over-year basis and .2% better than expected on a month-over-month basis. [] Despite this, the cost of renting and owning a home still climbed. Prices for shelter climbed by .2% which is actually the smallest gain since August of 2021 and owners’ equivalent rent — which measures the cost of owning a home — climbed to .3%, which is the slowest rate in three years. Core CPI, which excludes food and energy costs, climbed 0.1% since May. It’s the smallest advance in three years and the first time that core CPI has fallen since the COVID-19 pandemic. All this sounds pretty positive from the Fed's perspective, right? We’d think the markets would be rejoicing at the results. But instead, the opposite is happening. The S&P dropped today, as did the Nasdaq. And money is pouring out of high-growth tech and communication services stocks into “safer” stocks as we see investors making a flight to safety. We may be seeing the beginning of the sector rotation I’ve been discussing with you the last couple of weeks: [] As you can see above, major selloffs are happening in tech, communication services, consumer discretionary, and consumer staples. Meanwhile, capital is flooding into real estate, utilities, industrials, materials, energy, healthcare, and financials. That's certainly what I would call a sector rotation, at least for today. And it's not uncommon to see money move in and out of sectors like this on a single day basis. In fact, just a couple of weeks ago we observed a similar day where investors made a flight to safety only to dive right back into high-growth tech the very next day and send it booming. What we need to watch for here is if this trend continues. If we continue to see sell-offs from tech and communication services and further capital poured into things like real estate, energy, utilities, and financials for a prolonged period of time, then that would signal to us that a longer-term sector rotation is trending. If that happens, I have plenty of companies I am very familiar with in those sectors that would perform quite well. Let’s stay tuned and see what happens as this week finishes up. — Nate Tucci P.S. If you’d like a strategy that can help insulate and grow your portfolio in changing market conditions, then I’d recommend checking out [my 3 Rivers Portfolio right here](. [] Inflation Data Was Released This morning Before markets opened this morning the Bureau of Labor Statistics (BLS) released Consumer Price Index data (CPI, which measures inflation) and the results came as quite a surprise. Inflation came in at 3% year-over-year. That's .1% lower than expected on a year-over-year basis and .2% better than expected on a month-over-month basis. [] Despite this, the cost of renting and owning a home still climbed. Prices for shelter climbed by .2% which is actually the smallest gain since August of 2021 and owners’ equivalent rent — which measures the cost of owning a home — climbed to .3%, which is the slowest rate in three years. Core CPI, which excludes food and energy costs, climbed 0.1% since May. It’s the smallest advance in three years and the first time that core CPI has fallen since the COVID-19 pandemic. All this sounds pretty positive from the Fed's perspective, right? We’d think the markets would be rejoicing at the results. But instead, the opposite is happening. The S&P dropped today, as did the Nasdaq. And money is pouring out of high-growth tech and communication services stocks into “safer” stocks as we see investors making a flight to safety. We may be seeing the beginning of the sector rotation I’ve been discussing with you the last couple of weeks: [] As you can see above, major selloffs are happening in tech, communication services, consumer discretionary, and consumer staples. Meanwhile, capital is flooding into real estate, utilities, industrials, materials, energy, healthcare, and financials. That's certainly what I would call a sector rotation, at least for today. And it's not uncommon to see money move in and out of sectors like this on a single day basis. In fact, just a couple of weeks ago we observed a similar day where investors made a flight to safety only to dive right back into high-growth tech the very next day and send it booming. What we need to watch for here is if this trend continues. If we continue to see sell-offs from tech and communication services and further capital poured into things like real estate, energy, utilities, and financials for a prolonged period of time, then that would signal to us that a longer-term sector rotation is trending. If that happens, I have plenty of companies I am very familiar with in those sectors that would perform quite well. Let’s stay tuned and see what happens as this week finishes up. — Nate Tucci P.S. If you’d like a strategy that can help insulate and grow your portfolio in changing market conditions, then I’d recommend checking out [my 3 Rivers Portfolio right here](. [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](