JPM DESK: “.. While we had thought the market was setting up for a pullback based upon the price action during earnings season, narrowing breadth, reduced HF positioning, and the potential for markets to take some profits given the almost 32% gain in the $SPX since this bull run… pic.twitter.com/NNa0WmzpgL

* Evercore ISI’s Emanuel Lifts S&P 500 Target to Street High 6000 @business @JohnSpall247 $SPX 🇺🇸 pic.twitter.com/Ehra7P4Enq

As core CPI (blue) has continued to roll over, longer-term inflation expectations (orange) per ⁦@UMich⁩ have stayed in higher range relative to average before pandemic pic.twitter.com/gGGFODOZ1a

Spread between S&P 500's forward earnings yield and 10y Treasury yield continues to hover near two-decade low pic.twitter.com/7dZTV1lc86