State of the Market: Q2 Earnings Deep Dive Replay

While indexes and key sectors have been falling, there hasn’t been true capitulation in the market. This is what we generally need to hit and maintain lows on a downward move like this. However, in this case, it has been a somewhat volatile but steadier decline than anything. Today, that is changing, as the Nasdaq … Read more

Nasdaq & S&P Remain Below Their 200-Day SMAs The Nasdaq and S&P 500 both closed below their daily 200 SMAs again. While it’s not the first time they’ve dipped below these levels, they are now remaining below them on the daily charts. This is the part institutions respect: the failure to reclaim the 200-day moving … Read more

AI Infrastructure Buildout Hey traders, If you’ve been following the AI boom, you may know that the big hyperscalers (AWS, Azure, Google Cloud) can’t keep up. Demand for raw GPU compute and the infrastructure required to run high-level AI models is expanding exponentially as more companies and individuals adopt AI. Multiple large companies, including Meta, … Read more