Volatility is back and Bitcoin mania is here again. Need a new CTP Stock! China stocks on a run… PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - Volatility is back - Bitcoin mania - Need a new CTP Stock! - LSD - making an interesting comeback Market Update - NVDA had 2 down days! - Markets still want to go higher - not matter what the data - Yields move up with CPI - Big rebound for NVDA - not letting it go down too much... CPI Release - Total CPI increased by 0.4% month-over-month, meeting expectations, while core CPI (excluding food and energy) also rose by 0.4% month-over-month (0.3%). - On a year-over-year basis, total CPI was up 3.2%, compared to 3.1% in January, and core CPI increased by 3.8%, versus 3.9% in January. - Excluding shelter, CPI rose by a more modest 1.8% year-over-year. - Despite the headline disappointment for core CPI, the market seems optimistic about the future, anticipating a reduction in the isolated impact of the shelter index in the coming months due to an expected moderation in rent prices. (in other words, thinking the Fed's PCE will not be so hot next time and the Fed will still cut sometime this year) CPI Report key takeaways: - The food index showed no change month-over-month and increased by 2.2% year-over-year. - The energy index rose by 2.3% month-over-month and declined by 1.9% year-over-year. - Used cars and trucks saw a 0.5% increase month-over-month and a 1.8% decrease year-over-year. - The apparel index was up 0.6% month-over-month and unchanged year-over-year. - The all items index, excluding food, shelter, and energy, increased by 0.3% month-over-month and 2.2% year-over-year.