Sleepwalking into a trap
|S&P 500 brought clients fine gains ever since the late Monday bullish call, and for all the tech retracement rewarding the DeepSeek and capex winners, now is the time to be cautious. True, even if bonds and USD don‘t flash immediate warning signs – it‘s that market breadth and sectoral view had been quite tricky as I explain in today‘s in-depth video.
Review the calls made ticker by ticker (thanks for liking the videos and subscribing to the channel),, yesterday vs. today, and benefit from positive ASML bookings that will help semis till the FOMC, which I expect to be a non-event (we would be very unlucky to get such a bungled conference as in Dec, wouldn‘t it be so). Stay tuned for more about MSFT, TSLA and META earnings after the close – will be pretty decisive, and I keep liking financials very much. AAPL tomorrow.
Couple of charts to feel the intermarket pulse follow, to top off yesterday's smashing intraday and swing gains, with Ellin's NVDA call play as well.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.