The immediate technical picture remains tricky.
US stocks, bonds and the US dollar lower on "loss of trust".
Stick with domestic bond proxies.
Stocks, dollar take tariff hit while gold and silver jump to all-time highs.
AI is not going to kill software companies...
...prices and expectations have gotten a little high, and some of the excess steam is coming out.
Remember, expectations remain far more important than past results!
"Rotate but no retreat", is still the correct strategy as dips will likely be bought.
Jerome Powell said threats of a criminal indictment were a consequence of its interest-rate policies.
Tech weakness offsets rally in Defense shares.
Global military risks boost European defense stocks.
Analyst upgrades for AI Semi and memory stocks.
