There has been significant rotation happening beneath the surface of the markets.
Tech is the only sector down year-to-date, while every other sector has climbed—some quite substantially already. Source: Otavio (Tavi) Costa
BREAKING: ChatGPT is down worldwide with millions of users unable to access the platform.
Source: The Kobeissi Letter
Treasury Secretary Scott Bessent says Trump 2.0 focusing on 10Y yields, not Fed
Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy component for them is one of the surest indicators for long-term inflation expectations,” he said. Cheap capital is coming... Source: www.moneycontrol.com
Uber on Major Support Zone
Uber (UBER US) is testing once again the major support zone between 54.84-65.25. The stock has consolidated 31% since October. Keep an eye on the price action for potential opportunities. Source: Bloomberg
Trade Policy Uncertainty Index hits 2nd highest level in AT LEAST the last 25 years
source : barchart
As shared by Guilherme Tavares i3 invest :
Nasdaq 100 / M2 Levels never seen before...
Xi’s Reply to Trump Tariffs Shows China Has More to Lose - Bloomberg
https://lnkd.in/ez4qCpZa Source: Bloomberg thru C.Barraud
A majority of stocks (59%) underperform Treasury bills over their lifetime and more than half end up having a negative cumulative return.
“Don’t look for the needle in the haystack. Just buy the haystack.” - Jack Bogle Source: Charlie Bilello, Peter Malouk
