Alright kiddo, so last week was a good one for the stock market because many companies did better than people expected with their earnings reports. This made investors happy and they bought more stocks, especially in the technology sector. The Nasdaq and S&P 500 reached new highs and everyone was feeling optimistic about the future of these companies.

However, this week we have some important information coming out that will help us understand how much things cost and if people are still buying stuff. This could affect how stock prices move up or down. We also have more earnings reports from different companies to see how they did in the last three months of 2023. These will be important because investors want to know if these companies can keep making money like they did before.

So, basically, we're going to watch and see what happens with the stock market this week based on some new information that comes out. If everything goes well, then people might buy even more stocks and prices could go higher. But if something unexpected happens or companies don't do as well as expected, then investors might get worried and sell their stocks, causing prices to drop. Read from source...

- The title is misleading as it implies a causal relationship between Nasdaq and S&P futures and inflation data, while the article does not provide any evidence or analysis to support this claim.
- The use of terms such as "overvaluations" and "bubble territory" are subjective and vague, without specifying what criteria or indicators are being used to measure these concepts.
- The article relies on anecdotal data from last week's trading, without providing any statistical analysis or context to explain the performance of the market indices and sectors.
- The article ignores other factors that may influence the market dynamics, such as geopolitical events, global economic conditions, regulatory changes, technological innovations, etc.
- The article fails to acknowledge the uncertainty and risks associated with the current macroeconomic environment, such as inflationary pressures, supply chain disruptions, labor shortages, rising interest rates, etc.
- The article does not offer any concrete recommendations or actionable insights for investors or traders based on the data and analysis presented.

Based on the article, I suggest a diversified portfolio of stocks and ETFs that can benefit from the current market conditions and the upcoming economic data releases. Here are some specific ideas: - For tech exposure, consider buying QQQ or GOOGL, which have strong earnings momentum and positive outlooks from analysts. Google parent Alphabet reported better-than-expected earnings on Friday, boosting its stock price by 6.8% in after-hours trading. - For energy exposure, consider buying XLE or CVX, which are likely to benefit from the rally in oil prices and the improved demand outlook for the sector. Exxon Mobil reported better-than-expected earnings on Friday as well, lifting its stock price by 2.5% in after-hours trading. - For consumer discretionary exposure, consider buying AMZN or DIS, which are also expected to report strong earnings this week and have favorable valuations compared to the market average. Amazon and Disney both beat earnings estimates on Thursday, supporting their stock prices. - For consumer staples exposure, consider buying PG or KO, which offer stable dividends and defensive characteristics in case of a market pullback. Procter & Gamble and Coca-Cola are also expected to report earnings this week, which could provide additional catalysts for their stock prices. - For value exposure, consider buying VUG or IWD, which track the performance of growth and core U.S. stocks respectively. These ETFs offer attractive valuations and dividend yields compared to the market average, as well as exposure to sectors that have been lagging behind in recent months, such as financials, industrials, and materials. - For risk management, consider selling or hedging some of your long positions with SPY or SH, which are inverse ETFs that track the performance of the S&P 500 index. These ETFs can help you reduce your exposure to market volatility and limit your losses in case of a correction or a downturn.