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Trading Desk: A Tale Of Two Markets
A week ago we would have said that the Magnificent 7 were the only thing holding the market back from all time highs. Now most
Trading Desk: High Rates Crushing The Federal Budget
The latest Treasury Department report delivers a sobering wake-up call to the nation: the U.S. government is on track to spend an unprecedented $1.2 trillion
Trading Desk
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Trading Desk: Market Carnage! Worst Since . . . April?
This week felt like a little like an earthquake to some people. A lot of key stocks dropped hard. NVIDIA is down 8.5%. META, Alphabet and mighty Amazon dropped 5%. Apple, Tesla, Microsoft . . . all down. It started on a bumpy note. The
Trading Desk: Netflix Rides A New Subscriber Boom
Netflix’s strategic focus on ad-supported tiers and password-sharing crackdown fueled impressive Q2 results. The company’s ad business is rapidly expanding and becoming a significant revenue contributor. While Netflix will cease reporting quarterly membership numbers, it remains confident in its growth trajectory. The company is actively
Trading Desk: Cathie Wood Isn’t Backing Down
Cathie Wood’s ARK Innovation ETF (ARKK) has experienced a tumultuous year, marked by substantial outflows and underperformance compared to broader market indices. The fund, once a high-flyer, has seen its assets under management dwindle and its share price plummet significantly from its peak in early
Trading Desk: The Trader’s Edge
Some options traders like to downplay the importance of dependability or “win rate.” They come up with all kinds of numbers like George Soros only hitting 30% of his positions or world-class funds barely doing better than a coin flip. They say it’s all about
Trading Desk: Goldilocks Already Ate The Porridge
Everything looks great in the corporate economy. Earnings on the S&P 500 are tracking up 9% from last year . . . the fastest leap into record territory since early 2022, when the Fed was still keeping interest rates at zero and the post-COVID high
Trading Desk: From AI Domination To Broader Boom
The S&P 500 has enjoyed a stellar 17% rise in 2024, yet beneath the surface, a tale of two markets unfolds. While the “Magnificent Seven” tech giants, fueled by AI fervor, bask in the limelight, the remaining 493 stocks have quietly endured an “earnings recession.”