INTRADAY ALERT: Trifecta of eco today positive (=good) surprises. Supports stocks near term, but we need to respect these growing market tremors

NEW: Section (above) added identifying Key Recommendations and Super Grannies

THIS INTRADAY ALERT IS SENT SOLELY TO MEMBERS OF FS INSIGHT

After the brutal selloff yesterday, a trio of good economic news plus good 2Q EPS reports, lift equities today. It is good to see stocks show resilience.

The 3 reports, all better than expected:- 2Q23 ECI (employment cost) --> +1.0% vs street +1.1%- June Core PCE MoM --> +0.17% vs street +0.20%- July final U Mich inflation -->...

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