The new trade on Wall Street: T.A.C.O (Trump Always Chickens Out)
Stocks and bonds retreated last week as fiscal & trade worries resurface. Over the week-end, Trump agreed to delay the date for a 50% tariff on goods from the EU to July 9 from June 1. This morning, US Stock Futures are spiking ("The T.A.C.O trade" idea comes from a tweet on X by HolgerZ)
Right smack in the middle of a 5 year channel...
Which side gets tested next? Source: Trend Spider
The best performing stocks in the SP500 this year....
Source: Charlie Bilello
The flood of German trans-shipments to Russia continues unabated.
It has been 3 years now. Will the government do something about it? Source: Robin Brooks
APPLE, TESLA, NVIDIA—NOW TRADING ON THE BLOCKCHAIN Kraken is launching tokenized stocks—starting with Apple, Tesla, Nvidia, and the S&P 500—on Solana.
Buy, sell, or hold them like crypto. No broker. No weekends. No borders. U.S. users are locked out, but overseas investors get 24/7 Wall Street with a DeFi twist. It's called xStocks. Just don’t forget: the SEC’s watching, and Binance tried this in 2021. It didn’t end well. Source: WSJ thru Mario Nawfal on X
BREAKING: OpenAI and $NVDA unveil “UAE Stargate”
• Massive 5 GW AI campus planned for Abu Dhabi • 200 MW AI cluster set to launch in 2026 • Oracle, SoftBank, and Cisco onboard to help build out the datacenter infrastructure Source: Stocktwits
Apple $AAPL has now declined for 7 consecutive days, its longest losing streak since March 2024.
Source: Barchart
SOLAR STOCKS CRASH AFTER HOUSE PASSES TRUMP TAX BILL ENDING 30% ROOFTOP CREDIT
$SEDG -19%, $ARRY -19%, $ENPH -17%, $FSLR -6% 😳 Source: Shay Boloor @StockSavvyShay
