Key Events This Week: 1. Markets React to Strait of Hormuz Closure - Today, 6 PM ET 2. June CPI Inflation data - Tuesday 3. June PPI Inflation data - Wednesday 4. June Retail Sales data - Thursday 5. July Philly Fed Manufacturing Index - Thursday 6. July MI Inflation Expectations data - Friday 7. July MI Consumer Sentiment data - Friday 8. ~10% of S&P 500 Companies Report Earnings We have a highly eventful week ahead of us.(The Kobeissi Letter)