September 11, 2025

Markets:

S&P 500 futures were little changed Thursday, following another day of record highs, as Wall Street awaited a key consumer inflation gauge.

The latest consumer price index reading is due at 8:30 a.m. ET. Economists polled by Dow Jones are expecting the index to rise 0.3% on the month for an annual gain of 2.9%. Excluding volatile food and energy, the so-called core CPI is slated to increase 0.3% from July and 3.1% year over year.

That comes after the producer price index showed an unexpected decline of 0.1% on the month. The PPI rose 2.6% on a 12-month basis.

Thursday’s action follows a second straight finish at all-time closing highs for the S&P 500, fueled by Oracle’s monster rally. The Nasdaq Composite
finished marginally above its flatline, while the Dow lost more than 200 points.

Investors cheered Oracle’s growth outlook for its cloud business. Shares of the stock surged about 36% in the session, marking its best day since 1992 and adding $244 billion in market cap.

Traders also saw it as a positive indicator for the artificial intelligence trade at large. AI-related stocks such as Broadcom, AMD and Micron also rallied, offering a bright spot for investors in an otherwise weak day.

Portfolio:

We enter the new trading session holding setups in EOSE, ONDS, and TSLL.

Technically, SPY held the bull gap after gapping above previous ATH. Now formed a 65m TL resistance which breaking will continue to run.

QQQ almost had a breakout today of the 1 month range and counting. Perhaps CPI today will push it?!!

Patience today.  Lots to review today.