Stock Market Sees Nice Bounce But Traders Can’t Get Comfortable
A close not too far from the highs is a good sign, but it is just the first step in a recovery.
A close not too far from the highs is a good sign, but it is just the first step in a recovery.
U.S-Iran fighting escalates, but oil prices dip, ADP’s August jobs figure issues, plus other headlines moving the market this morning.
The market is under severe pressure as oil remains elevated and yields are rising everywhere at once.
We initiated three positions, added to several others, and locked in massive gains along the way.
Breadth is at 33% gainers, with new lows running better than two-to-one on Monday.
An October Investor Day should bring more clarity on longer-term opportunities.
Here’s where would we add more NVDA shares.
As hyperscalers make the biggest infrastructure wager in history, there are two AI-related bets I believe in.
Cisco and Cerebras shares fall, Lenovo’s server demand soars and other headlines moving the market today.
The speculative action is cooling but individual names keep working.