Inflation will be in the spotlight this week, as the economic calendar will be a lot less busy than it has been of late. However, the Producer Price Index (PPI) and Consumer Price Index (CPI) will be released on Wednesday and Thursday, respectively. The result was another choppy and flat week, as the major indices finished virtually unchanged, despite the wild swing in both directions. Short interest was mostly influenced by the earnings releases for another week, as overall, the market was remarkably stable, despite the turmoil of recent months. RH Corp. delivered on its promise last week, as the stock made its move after a month of consolidation, getting close to its all-time high, despite its short interest of 38%.

Source: Forbes May 06, 2018 21:45 UTC