razo2 :
this is not true. this clearly shows that PCE is lagging by a lot. last CPI reading oil is at 75. today oil is back at 82. it will show in the MoM reading sooner or later. that is why the market is doubtful about the federal government, heck even some of the new members are doubtful of themselves.
Fedex has had significant insider and institutional selling over the past week, especially on Friday 6/28. One insider sold off a whopping 25% of his position, which is a hefty transaction. There are currently many overbought signals on multiple indicators, including an RSI>81. These sales greatly resemble Nvidia insiders selling at the top. $FedEx(FDX.US)$ $Apple(AAPL.US)$ $NVIDIA(NVDA.US)$ $SPDR S&P 500 ETF(SPY.US)$ $Invesco QQQ Trust(QQQ.US)$