Stock bulls cheer as CPI drops to 3 percent

The June CPI report has stocks rallying, yields falling and betting the Fed is one and done. Oil continues to make gains. But this chart is flashing a major sell signal.See a transcript of this show at Seeking Alpha.Show Links:This Morgan Stanley chart is flashing the biggest stock sell signal in recent memoryFood inflation is moderating - watch these stocksAirline fares fall 19% in June from a year agoActivision drops amid report that UK may need to do a new probe of Microsoft dealMicrosoft gets 'trophy moment' with Activision court win: WedbushZIM Integrated Shipping cuts full-year guidance, weighed by weak freight ratesDomino's Pizza soars after striking global delivery deal with Uber TechnologiesCathie Wood's ARK Innovation takes some profit on Coinbase stock surge