Positive Seasonality Fails as AI Trade Sees a Shift
The action looked good ahead of the July 4 holiday but then a major shift took semiconductors to the downside.
Stunning South Korea Stock Shock Triggers Circuit Breaker as Semi Names Strike FOMO
The Seoul market and select chipmakers around Asia saw wild volatility, but the chaos is highly sector-specific.
Positive Seasonality Traps the Overconfident Bulls
As the first trading day of July brought positive action, the bulls got a bit too excited.
Quarter-End Markups Make Presence Known in Tone-Setting Session
Tuesday’s stock market action was all about position for the second half of the year.
Quarter-End Positioning Drives Narrow Bounce
Traders are increasing speculative action ahead of the holiday.
Broken Stocks Lead a Bounce as Small Caps Lag
The most beaten-up names enjoyed a reprieve, but don’t be too trusting.
Betting on a Rate Cut Might Not Be the Consensus, But Here’s Why it’s Likely
My interest rate projection appears to go against the grain.
Chips Drive a Rebound After the Fed Selloff
The market bounced back from a Fed-induced sell-off on Thursday, but it was news about an Apple price hike that drove most of the strength.
New Chair Kevin Warsh Wants to Bring Fed into the AI and Data Age
The new Federal Reserve chair outlined his vision for the future.
Financial Stocks Benefit as Rotational Action Intensifies
Technology names led on Monday, but lower interest rates were the focus on Tuesday.