Fast Money Blog- 7/14/23

The big news this week on Wall Street was the release of June’s CPI report.

On Wednesday, July 12th, Consumer Price Index data showed that inflation fell to its lowest annual rate in more than two years. Prices rose just .2% in June, compared to 4% a year ago.  Inflation currently sits at 3%.

Here are how some of our favorite Wealthy Investor stocks performed  this week:

Microsoft Corporation (MSFT)

Closed on Monday, July 10th at $331.83

Closed today, Friday, July 14th at $345.24

Alphabet, Inc. (GOOGL)

Closed on Monday, July 10th at $116.45

Closed today, Friday, July 14th at $125.42

Amazon.com (AMZN)

Closed on Monday, July 10th at $127.13

Closed today, Friday, July 14th at $134.68

Lowe’s Companies, Inc. (LOW)

Closed on Monday, July 10th at $229.12

Closed today, Friday, July 14th at $228.81

The Home Depot, Inc. (HD)

Closed on Monday, July 10th at $310.28

Closed today, Friday, July 14th at $316.52

I see the market going even higher in the next 13 weeks.

Stay Patient! Stay Positive!

Tyrone Jackson, The Wealthy Investor