Microsoft Sparks a Rally, Trump Promises Peace, Truth About Traders
Let’s find out if the relief rally can last, whether we can believe fighting will stop in Gaza … and … what I know about that footage of traders on the news.
The Market Has Changed Its AI Test
Four hyperscalers combined will spend $725 billion this year, but some are achieving better returns. The single AI trade era is over.
Did Short Covering Ignite a Rally in the QQQs?
Bob Prechter once said that all rallies begin with short covering. Was today’s gain the start of something bigger?
A Classic Washout and More Mixed Reactions to Earnings
Amazon is up and Apple is down after their reports.
Latest Earnings Move the AI Goalposts From U.S. to Asia
The market’s response to the Microsoft-Meta earnings pair and Hynix-Samsung numbers gives a clear indication.
AI Is Not a Chatbot Trade
Wall Street is treating AI like one crowded trade, but the companies building its future have very different risks—and very different potential.
Rinse, Warsh and Repeat; More War; Wall Street Ugliness
Let’s see what just happened at the FOMC, ask whether the Fed is really ‘fractured,’ assess the market damage and look at the latest in the war.
The Bond Market Delivered the Verdict, and It Isn’t Pretty
The 30-year yield hit a 19-year high, and the earnings reports split the hyperscalers.
Rooting for a Rally in the SOX, but Is the VIX About to Get Jumpy?
While the SOX have become oversold, the rest of the market has held up. Is that about to change?
Unfriendly Fed and Meta Disappointment
The hawkish bloc is growing, and the rotation that was absorbing the damage reversed.