[Chart courtesy of MarketWatch.com] The S&P 500 opened pretty flat while traders kept rotating out of tech stocks, sending the Nasdaq sharply lower. The main trigger was AMD sliding 14% after its Q1 forecast came in softer than some analysts hoped, which piled more pressure on the sector. Broadcom dipped 3%, Micron fell 8%, and the rest of the chip/AI …
Metals Surge Again – February’s Weak History In Focus
[Chart courtesy of MarketWatch.com] The Dow briefly tagged a new record high early on as traders kept rotating out of tech and into more economy-sensitive names. The broader market had a mixed day, but the tone felt like “value and cyclical stocks are back in play” after recent weakness. In healthcare, Merck jumped more than 3% (and was the Dow’s …
From Risk-Off To Dip-Buying – Markets Shake Off The Weekend
[Chart courtesy of MarketWatch.com] The major indexes opened with some early juice as Wall Street kicked off a fresh month, shrugging off last week’s drama in silver and bitcoin. The mood quickly steadied, and by the end we closed solidly higher across the board—dip buyers stepped in and lifted everything. Bitcoin had a rough go early, dipping below $80,000 for …