Here's what is happening in the markets today, Monday, May 8

Last week, the Dow and S&P 500 had their worst week since March despite Friday's rally
Regional banking stocks surge after PacWest (PACW) cuts dividend
This week: CPI and PPI Inflation Data release 
This week's earnings: Tuesday: Fox (FOXA), Nikola (NKLA), Airbnb (ABNB), Rivian (RIVN), Disney (DIS)
Wisdom from Warren Buffett and Charlie Munger at Berkshire Hathaway’s Annual Meeting

PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
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