Magnificent Seven Hits All-Time High but it’s Not What it Seems
It was an upbeat day driven by poor positioning and too much negativity.
It was an upbeat day driven by poor positioning and too much negativity.
Continued gains in AI beneficiaries lead a broader rally Monday morning.
Ahead of a big China meeting, and what could be a meeting with Iran’s leadership, let’s see why clouds appear to be parting over Wall St.
“The Fed is behind us, growth has been upgraded, and positioning and sentiment have reset as investors have reembraced the Tech trade.”
Identifying chart patterns is easy. Anticipating the catalysts that trigger them is the secret to success.
During the week of challenging developments, we refreshed out shopping list, exited one holding and added to four others.
Buffett steps down, the FCC and SpaceX’s Starlink Mobile and other headlines moving the market this morning.
Stocks and bonds rallied together Thursday after having fallen in unison the day before following a hawkish Fed decision, helped by oil prices easing back for a second day.
Equities are starting the Thursday session with a strong tech-led rally aided by investors scooping up treasuries.
Abysmal breadth and widespread selling suggests Kevin Warsh will have a hard time calming markets.