The $VIX ended the day at 30, its highest close since August 5, 2024.
Fear is on the rise and stocks are on sale, providing more opportunities for long-term investors. Source: Charlie Bilello
Nvidia Entering Major Support Zone
After a 34% consolidation since January, Nvidia is now back on the major swing support zone between 90.69-103.41. Keep an eye on the price action for potential opportunities. Source: Bloomberg
ASML Approaching Major Support Zone
ASML has consolidated 44% since July 2024! For the moment, the trend remains bearish, but the stock is approaching a major support zone between 534-566. Keep an eye on the price action in the next few days for any potential opportunities. Source: Bloomberg
CEO confidence one year out has fallen to the lowest since 2010:
Apollo's Torsten Slok
The list is out...
34% RECIPROCAL TARIFFS ON CHINA 20% RECIPROCAL TARIFFS ON THE EUROPEAN UNION
➡️ Liberation Day announcement brings US tariffs to levels not seen since the Smoot-Hawley.
➡️ Rough estimate of ~1.2% drag to US growth if they persist, before any retaliatory tariffs. ➡️ ~300bln/year revenue raise. ➡️ Canada & Mexico outcome is better than expected. ➡️ Europe & Japan is worse. Source: Bob Elliott
In 2010, Forbes’ annual snapshot of the world’s billionaire population showed just 1,001 members, with Mexican business magnate Carlos Slim Helú topping the rankings with $53.5 billion
a sum that would put him in 30th position in 2025. Since then, the count has more than tripled, total collective wealth has more than quadrupled from $3.6 trillion, and the average list member’s net worth has risen from about $3.6 billion to $5.32 billion. Source: Chartr
Here’s what investors consider to be the biggest risk to markets right now 👇
Source: Cheddar Flow @CheddarFlow
