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DailyPlay Updates – May 16, 2024

Yesterday’s retail sales numbers that disappointed and CPI print that came in line with expectations kept the door open for a rate cut in September. This was the boost that equities required to breakout to new all-time highs.

Our portfolio is positioned for a continuation higher in equities and we simply have to exercise some patience for your trades to come to fruition. With 7 open positions, we will not look to add additional exposure to our portfolio today. 

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Tony Zhang