Pristine Market Analysis & Watchlist 6.3.24
A New Economic Regime 🔥
Bonds and oil are signaling an economic slowdown
Equities are stuck in the middle
Team,
The May trading month is officially in the books. I finished +35.87% for May and +73.41% YTD. As you can see below, I’ve had 3 positive months and 2 negative months so far this year. I try not to get too high on myself on the good months and too down on myself on the bad months. Let’s keep putting one foot in front of the other! The year is still young.
HAGE🍻
-Andrew
Market Update
YTD Index Performance
Looking at these performances below, it seems highly likely that IWM small caps have a relative strength run at some point in the second half of the year👇
Economic Data/News
ISM manufacturing came in lighter-than-expected 👇
Looking beneath the surface of the headline print, we see that new orders declined significantly, while the prices component remains elevated. Stagflation? 👇
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