
With last week being a short week due to Independence Day, it's only fitting that we made a new all-time high on the S&P 500 ($SPX) (SPY) and that Tesla (TSLA) ran higher into the holiday. The SPY closed the week up over 1.50% and Telsa closed the week up around the $250 mark.
This week the news is mostly backloaded to the second half of the week with PPI, CPI, and Sentiment all due out as well as bank earnings starting on Friday. In addition we have several fed speakers and Powell in front of the Senate Banking Committee.