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Silver & gold crash while crowded momentum unwinds through earnings season
- Highlights a significant crash in gold and silver prices.
- Discusses the unwinding of crowded momentum trades during earnings season.
- Recaps the Federal Reserve meeting and the appointment of a new Fed chair.
- Analyzes earnings reports from major tech companies, including Apple, Meta, Microsoft, and Tesla.
- Previews upcoming earnings for Amazon and Google.
- Examines price action for major indices like the SPY, QQQ, and IWM.
- Identifies sector rotation into Consumer Staples and Energy.
- Reviews market breadth and technical setups for specific momentum stocks, including MOD and Western Digital.
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