📡 Signal Integrity: The Spring Equinox Reset
Markets enter March with cautious optimism. S&P 500 futures are flat as traders digest the latest PCE print which came in exactly at expectations. The narrative is shifting from "Landing" to "Orbit" - sustainable growth with slightly elevated inflation.
Robotaxi fleet expansion confirmed for Austin and Phoenix. Valuation models adjusting for recurring revenue streams.
Consolidating after the all-time high run. Support at $2,450 looks solid.
"Algorithmic correlation between Cocoa futures and Semiconductor stocks hit 0.85 today. A spurious anomaly, or is climate stress pricing into the chip supply chain water usage? Investigating."