Stay with the Trend
Intel had been written off by a lot of people. Thursday night it reminded everyone it is still very much in the game. Earnings nearly doubled estimates. Revenue grew at…
Bad day. Several things went wrong at once. Oil crossed $100. Alphabet and Tesla both reported and both got sold hard. Rest of the big tech names followed them lower.…
Lot went right over the weekend to set up a positive Monday morning. Iran tensions cooled enough for markets to breathe. Oil fell 5%. Futures jumped. Now the real week…
Wall Street Journal reported it. Nvidia is discussing a $250 billion financial guarantee for OpenAI. Not a direct investment. A backstop to help lenders feel comfortable putting up the actual…
Quiet weekend for Bitcoin. Monday morning it is holding near $65,000 and waiting like everyone else for what is shaping up to be one of the busiest weeks of the…
Japanese yen is at level not seen since 1986. Four decade low. Finance Minister warning again. And the fundamental reasons for yen weakness have not changed at all. This is…
Crypto stocks had a big Tuesday and it was not about Bitcoin price or ETF flows. It was about Washington finally moving on a bill that the industry has been…
Last week chips got destroyed. Tuesday investors decided they were cheap enough to buy again. Micron up 10%. Sandisk up 10%. SK Hynix up double digits. Biggest single day gain…
Bitcoin has been trying to break through resistance for weeks. Tuesday morning it finally did. Crossed $66,000 for the first time since mid-June. ETF flows turning positive. Leveraged shorts piling…
Justice Department approved the deal in June. Federal judge paused it Monday anyway. Fourteen day freeze while the court decides whether the $110 billion merger violates antitrust law. Paramount shares…
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