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Greed is back on Wall Street
Bloomberg’s Fear/Greed gauge hit 298 — the highest since March 2024 — after jumping ~800 points in 10 weeks.
CNN’s index is at 65, nearing “extreme greed,” while $VIX is down 73% from April, now at 16.3.
The S&P 500 has recently hit new all-time highs
But the % of stocks above their 200-day moving average is still around 51%
Indicating that the current rally has not seen broad market participation, increasing the risk of a pullback
JUST IN: The dollar is experiencing its sharpest first-half decline in at least 40 years. The ICE Dollar Index has decreased by over 10% in 2025, and the WSJ Dollar Index has fallen by 8%, marking the worst performance since 2002.
This drop is attributed to worries about Trump's tariffs, the independence of the Federal Reserve, and increasing U.S. debt, which are impacting the primary global trade currency.
Some analysts believe the selloff may be exaggerated and foresee a rebound, while others caution about a potential deeper decline as more investors protect against further dollar weakening.
The chances of a rate cut at the September FOMC meeting have jumped to 94%.
Читать полностью…Tesla shares down again premarket after multi-day slide
$TSLA is down 1.3% in premarket trading, extending its decline after dropping 9.5% over the past four sessions.
price returning to prior value:
- offside traders close position
- inefficiencies get filled
- late traders begin to enter
all of which can be fuel for reversion.
example ↑
JUST IN: Donald Trump states he is not providing any offers to Iran.
Читать полностью…Housing defaults have just hit the highest levels since 2011
Читать полностью…JUST IN: Donald Trump expressed intentions to halt trade negotiations with Canada unless they eliminate specific taxes, according to a Fox News interview.
Читать полностью…Trump on Powell:
“We have a stupid person working at the Fed.
Very qualified — but maybe not the right fit for us.
The interest rate should be at 1% or 2%.”
JUST IN: OpenAI has secured customized AI contracts with the Pentagon, the government of India, and Grab, according to The Information.
Читать полностью…Thinking clearly under pressure is more valuable than any trading concept out there.
Читать полностью…JUST IN: Bessent warns that nations should be prepared for a potential return to April 2 tariff levels. If countries remain uncooperative, tariffs might increase again.
Читать полностью…Julius Baer: Fed may start cutting rates in October
– The Swiss bank expects 4 rate cuts of 25 bps starting in October.
– By March 2026, the rate could fall from 4.5% to 3.5%.
– After that, the Fed is likely to pause.
– The main reason is easing inflation, not recession or rising unemployment.
– Inflation is projected to stay around 3%, above the Fed’s 2% target.
JUST IN: Bybit has collaborated with Swiss issuer Backed to introduce tokenized U.S. stocks and ETFs on its platform.
• COINX and NVDAX will be listed at 10 PM tonight.
• Supported assets include AAPLX, GOOGLX, and AMZNX.
China overnight data surprises to the upside
• Manufacturing PMI: Beat
• Services PMI: Beat
• Composite PMI: Beat
Stronger-than-expected numbers across the board signal resilience in China’s economic activity.
Investors are dumping U.S. Bonds at the fastest pace since the onset of Covid
Читать полностью…$AMZN is entering its most bullish stretch of the year.
Since 2010, the first half of July has delivered gains nearly 80% of the time, averaging +6%.
With Prime Day ahead and momentum building, its one to watch
Key Events This Week
— Tuesday, July 1
• Fed Chair Powell Speaks
• ISM Manufacturing PMI
• JOLTS Job Openings
• ISM Manufacturing Prices
— Wednesday, July 2
• ADP Non-Farm Employment Change
— Thursday, July 3
• Average Hourly Earnings m/m
• Non-Farm Payrolls
• Unemployment Rate
• Unemployment Claims
• ISM Services PMI
— Friday, July 4
• U.S. Bank Holiday — markets closed or low activity
JUST IN: President Trump mentioned that he does not believe extending the July 9th deadline for the 90-day tariff pause is necessary, but it remains a possibility.
Читать полностью…Founder Jeff Bezos to dump $5.4 BILLION worth of $AMZN shares
Читать полностью…Some days will be better than others
It’s all part of the process
you can’t build confidence from theory, confidence comes from execution
you show up when it’s boring, you follow the rules when it’s hard
you keep going when you feel like giving up
that’s how conviction is built, character gets forged, and self-respect emerges
JUST IN: Elon Musk claims the latest Senate draft bill will harm U.S. jobs and pose strategic risks to the country, according to a post on X.
Читать полностью…"Trading is a psychological game. Most people think they are playing against the market, but the market doesn't care. You’re really playing against yourself."
~ Martin Schwartz
You don’t need to get better at trading
You need to get better at doing nothing
Days with 0 trades are part of the job
Treating boredom like a problem is why you keep losing