Is the stock market rally driven by big tech and AI companies destined for a sudden halt? In today's episode, we dissect the market's intricate dynamics, including key data releases from the US government and major earnings reports that could flatten the market. We scrutinize stock movements with a focus on the significant drops in Micron and Levi Strauss, and delve into the broader market trends. Gain valuable perspectives on the cautious outlook for consumer stocks, and join us as we decode the pre-market activity and the buy signals from tech behemoths like Amazon. We'll also explore the curious phenomenon of hedge funds selling tech stocks while retail investors keep buying, and discuss what this could portend for market dynamics. Plus, a look ahead at how upcoming inflation data might shape market movements.

In the next segment, we turn our attention to today's macroeconomic data, breaking down critical indicators such as durable goods orders, GDP growth rate, jobless claims, retail inventories, and corporate profits. Although most metrics align with expectations, the notable dip in corporate profits raises alarms about the sustainability of the stock market rally primarily fueled by big tech and AI companies. We'll delve into potential investment strategies, suggesting a contrarian shift towards undervalued utilities and exploring the promising growth potential of small caps through ETFs like IWO. Tune in for practical insights and strategic advice to help you navigate the current investment landscape with confidence.

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