Editor’s Note:

This is the Afternoon Capsule that was provided before Produce Price Index (PPI) data was released. PPI was released this morning. To see the latest on PPI, please see the Morning Capsule that is available to paying subscribers. The Morning Capsule is issued every morning before the market open.

 

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Fighting The Fed

Please click here for a chart of Nasdaq 100 ETF (QQQ).

Note the following:

  • The chart shows when retail sales data was released.  Please read the Morning Capsule for details.