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Pristine Market Analysis & Watchlist 2.28.24

Pristine Market Analysis & Watchlist 2.28.24

PCE Data IncomingšŸ”„

Andrew O'Connell, CFA, FRM's avatar
Andrew O'Connell, CFA, FRM
Feb 29, 2024
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Pristine Capital
Pristine Capital
Pristine Market Analysis & Watchlist 2.28.24
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  • Equities wobble into inflation data

  • Looking ahead to February CPI

Team,

PCE inflation data incoming at 8:30 AM ET tomorrow, but keep in mind that it is January data and we are already almost done with February. Given that CPI and PPI came out hot in January, it wouldn't be surprising to see this one be the same. Does the market look through that…or does it shake out the poor location longs? Let the games begin. HAGE šŸ»

-Andrew


Market Update

February Monthly Performance

The Russell 2000 is catching up to the other indicesšŸ”„

Economic Data/News

GDP data came out slightly lower than consensusšŸ‘‡

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