Monica Kingsley
Monicakingsley
S&P 500 broke below 5,515 on poor ADP employment change and advance GDP coupled with price beat. That says it all, and while stocks somehow shook off SMCI miss, the plunge in yields especially on the short end, has gotten more good confirmation in the data just in, that‘s what I talked about hard data catching up to (poor) soft data around the weekend. It‘s also seen in silver and copper – kind of mirroring UBS economic expectations a couple of hours ago from Switzerland… all talked in today‘s video.
DAX is also confirming today‘s cautious turn – tariffs are biting, and today represents fear of US recession striking, maybe for the first time seriously as latest earnings hadn‘t summarily sold (even if not too good)… this ay start to change as today‘s data had been really bad. So which level will hold, where can some intraday bounce develop?
All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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