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.

Comments