The Setup Nobody’s Watching While Everyone Argues About the Bond Sale The noise around Nvidia (NASDAQ:) this week is the $25 billion bond offering and another round of “is the AI trade overheating” think pieces. The chart is telling a quieter, more useful story. After the early-June chip-sector flush dragged NVDA from its highs near ...
Headline-driven capital flight out of defense equities routinely engineers textbook fundamental mispricings. When the framework for a Middle East peace agreement hit the newswires recently, algorithm-driven selling accelerated the rotation, triggering a sharp flight from defense and crude oil. The logic appears sound to a passive observer. Fewer active regional conflicts must equal reduced defense ...
Legacy media faces a structural crisis that cannot be solved by simply greenlighting better television shows. Owning premium content means very little if a network does not control how that content physically reaches viewers. just acknowledged this harsh reality with a $22 billion cash-and-stock deal to acquire . The headline numbers are aggressive, and the ...
Listen to the audio version of this article (generated by AI). The FOMC decision is in … what Warsh signaled … why the market’s inflation relief may be premature … the curveball every new Fed chair faces … As I write on Wednesday in the wake of new Federal Reserve Chairman Kevin Warsh’s press conference, ...
The HUI Gold Bugs Index Is Well Along in Its Correction In the precious metals, like other markets, I am usually focused on market internals, especially by way of ratio charts. I am into other aspects, especially about the macro environment in which a given sector or market exists. Indeed, the ratio and ‘internals’ charting ...
The public debut of SpaceX (NASDAQ:) is officially in the books, and the sheer velocity of the price action caught even seasoned institutional desks off guard. Priced at $135 just days ago, SpaceX quickly re-rated, recently pushing past $225 on intraday volume exceeding 200 million shares. This aggressive accumulation briefly sent it beyond the $2.5 trillion ...
That is the SpaceX debut in one frame. Scarcity was not a footnote. Scarcity was the product. Of course, none of this should come as any surprise to anyone who has followed the Korean café crypto crowd over the years. These are traders who have repeatedly moved markets en masse with almost surgical technical precision, ...
I saw a chart a few weeks ago, which someone sent me from The Daily Shot. It has been bothering me since then. Here’s the chart: Well, it looks amazing and a great reason to invest in global equities, right? Global earnings are surging due to the AI revolution! What bothers me is the simple ...
Back from holiday, and indices flash another round of topping patterns following earlier patterns which were breached, so while one could go short, you don’t want to be holding if pattern highs are breached. While I missed the announcement, the real shocker was the multi-decade lows posted by the Survey – perhaps one of the ...
Today is the big day, with the Fed meeting and Kevin Warsh’s first major press conference as chair. One thing that seems likely is that Warsh will be very different from the Bernanke-Yellen-Powell lineage. Recall that Warsh resigned from the Fed before the completion of his term and was openly critical of the Fed’s use ...
