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After Monday's AI sell-off sent tech stocks reeling, we had some comeback as buyers filled the void, only for traders to take some quick profits off yesterday's bounce. The Russell 2000 (IWM) posted...
Ford F, Costco COST, and Charles Schwab SCHW will issue monthly updates in the sessions ahead, offering clues on the state of the US economy. Q4 earnings reports are coming in fast, but...
DeepSeek won’t cause the Fed to tighten monetary policy. It won’t cause a financial crisis or a credit crunch. Of course, it might have a negative wealth effect on Nvidia’s (NASDAQ:NVDA)...
SPX Monitoring purposes; Long SPX on 1/27/25 at 6012.28. Our gain 1/1/24 to 12/31/24 = 29.28%; SPX gain 23.67% Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38% Monitoring purposes GOLD:...
On Monday, markets were rocked by news that a Chinese Artificial Intelligence model, DeepSeek, performed better than expected at a lower development cost. As we noted yesterday: “The 3% panic...
In this update, we review the recent price action in the S&P 500 Futures contract and identify high-probability action areas and price targets for the week ahead.
Bitcoin continues its post-election run with the December pullback coming to an end. The emergence from a picture-perfect cup-and-handle pattern opens up 130K as an upside - and very reachable -...
We regularly assess the subjective probabilities that we assign to our three scenarios: the Roaring 2020s (55%), the Meltup 1990s (25%), and the Stagflationary 1970s (20%). The last scenario, with...
The pause in financial conditions tightening helped stocks rally. Semiconductors’ market cap weighting reached an all-time high. Mag7 corporate bond yields are almost on par with...
In a recent webinar, I mentioned that markets like to end the week on a high ahead of a National Holiday. The weekend before MLK Day and the Inauguration was no exception, with all the indices and...
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