To The Moon

Market Rotation Shakes Up the Rally Wall Street staged a strong rebound Tuesday, but the leadership looked very different from what investors have come to expect this year… The Dow Jones Industrial Average surged 559 points (+1.2%), marking its 16th record close of 2025, while the $S&P 500(.SPX)$ added 0.2%. The $NASDAQ(.IXIC)$ , weighed down by tech and AI shares, slipped 0.3%. Only four Dow components, $NVIDIA(NVDA)$ , Cisco Systems, Caterpillar, and JPMorgan Chase ended the day lower. Broader participation was solid, with most S&P 500 constituents finishing in positive territory, but the tech-heavy Nasdaq lagged as investors rotated out of high-growth

Political Tensions Ease, Slightly It was day 38 of the U.S. government shutdown, and for the first time in weeks, Wall Street caught a faint glimmer of optimism. After days of mounting travel disruptions, public frustration, and growing fears of economic strain, investors appeared to take heart from signs of political movement in Washington. Democrats proposed reopening the government in exchange for a one-year extension of healthcare subsidies, a symbolic offer that was quickly rejected but nonetheless marked the first real step toward negotiation. Markets reacted with cautious relief. The Dow Jones Industrial Average, down more than 400 points midday, staged a late-session rally to close up 75 points (+0.2%). The $S&P 500(.SPX)$ gained 0.1%,

Weak Job Data Sends Stocks Sliding Job Wall Street took a hit Thursday as investors digested alarming private-sector labor data, reigniting recession fears and triggering a broad market selloff. $NVIDIA(NVDA)$ $Apple(AAPL)$ The $NASDAQ(.IXIC)$ fell 1.9%, while the $S&P 500(.SPX)$ dropped 1.1% and the Dow Jones Industrial Average lost 399 points (–0.8%). Hot Stock: Datadog +23.1% Biggest Loser: DoorDash –17.5% Best Sector: Energy +1.0% Worst Sector: –2.3% $Consumer Discretionary Select Sector SPDR Fund(XLY)$ Investors fled equities for the safety of Treasury bonds, pushing th

Reality Check for Wall Street After a strong fall rally built on AI optimism, trade détente, and Fed rate-cut hopes, markets stumbled as investors reassessed just how “Goldilocks” the economy really is. The $S&P 500(.SPX)$ dropped 1%, the Dow Jones Industrial Average slipped 0.2% (–110 points), and the $NASDAQ(.IXIC)$ fell 1.6%, a sharp reversal from recent record runs. Yesterday’s hawkish tone from Fed Chair Jerome Powell continued to weigh on sentiment, overshadowing signs of progress on a U.S. – China trade pact. Markets had already priced in calmer trade relations; what they hadn’t expected was the Fed’s firmer stance on inflation. Hot Stock: C.H. Robinson Worldwide +19.7% Biggest Loser: Chipotle

Don’t Count on December What was expected to be a routine Federal Reserve meeting turned into a lesson in humility for markets that had already priced in another rate cut this year. Heading into Wednesday’s decision, traders saw over a 90% chance of a December cut. But those odds collapsed after Chair Jerome Powell warned that additional easing was “not a foregone conclusion, far from it.” The hawkish tone ended the market’s early optimism: $S&P 500(.SPX)$ finished flat after flirting with another record. Dow Jones Industrial Average fell 74 points (–0.2%), snapping a four-day rally. $NASDAQ(.IXIC)$ managed a 0.6% gain, buoyed by tech strength. Hot Stock: Teradyne +20.5% Biggest Loser: Fiserv –44.0%

Banking Jitters Send Volatility Soaring Markets stumbled Thursday as fears of widening credit troubles in the U.S. banking sector rattled investors. The Dow Jones Industrial Average fell 0.7%, the $S&P 500(.SPX)$ slipped 0.6%, and the $NASDAQ(.IXIC)$ dropped 0.5%, as a wave of selling hit regional lenders and financials. Hot Stock: J.B. Hunt Transport Services +22.1% Biggest Loser: Kenvue -13.2% Best Sector: Energy +0.1% Worst Sector: Financials -2.8% $Financial Select Sector SPDR Fund(XLF)$ its sharpest single-day decline in months, following renewed scrutiny of regional bank loan exposures. The trigger: JPMorgan CEO Jamie Dimon’s warning earlier this week

A Sudden Turn South Markets were blindsided Friday after Trump reignited tariff fears, triggering the sharpest one-day selloff since April. The $NASDAQ(.IXIC)$ plunged 3.6%, wiping out a month’s worth of gains, while the $S&P 500(.SPX)$ dropped 2.7% and the Dow Jones Industrial Average lost 879 points (1.9%). $NVIDIA(NVDA)$ $Apple(AAPL)$ $Advanced Micro Devices(AMD)$ $Tesla Motors(TSLA)$ Stocks started the day in the green, buoyed by steady earnings optimism, until Trump’s midday post about China’s new export restrictions on rare e

Record Highs, Then a Pause After a week of record, breaking momentum, markets finally cooled off on Thursday. The $S&P 500(.SPX)$ fell 0.3%, the $NASDAQ(.IXIC)$ slipped 0.1%, and the Dow Jones Industrial Average dropped 0.5%. Both the S&P and Nasdaq hit all-time intraday highs before fading into the close. Early optimism following upbeat results from PepsiCo and Delta Air Lines wasn’t enough to offset broader caution. Investor enthusiasm remains high, but so do concerns about frothy valuations and crowded trades in AI and meme-linked stocks $NVIDIA(NVDA)$ $Broadcom(AVGO)$ $

Government Shutdown, No Market Meltdown Shutdown The federal government shutdown has entered its second week, yet investors remain unfazed. Despite limited progress in Washington and a few early signs of strain, like rising flight delays and uncertainty over back pay for federal workers, markets continue to power higher. $S&P 500(.SPX)$ : +0.6% (record close) $NASDAQ(.IXIC)$ : +1.1% (record close) $NVIDIA(NVDA)$ Dow Jones Industrial Average: flat Best Sector: $Technology Select Sector SPDR Fund(XLK)$ +1.8% Worst Sector: $Energy Select Sector SPDR Fund(XLE)$ -0.6% The resilien

Shutdown Fatigue, Market Momentum Wall Street The government shutdown stretched into a new week, but Wall Street barely blinked. $S&P 500(.SPX)$ : +0.4%, 32nd record close of 2025 $NASDAQ(.IXIC)$ : +0.7%, 31st record close Dow Jones Industrial Average: -0.1%, just shy of its record high Gold and Silver: Both hit new all-time highs With earnings strong and investor confidence high, he calls the current rally “self-fulfilling”. Historical data supports his view: longer shutdowns have often preceded stronger rebounds. Valuations Stretch Higher With limited government data and no major earnings reports this week, investors have focused on momentum? and that’s pushing valuations higher. The S&P 500’s