Noticed something on the tape today. $GLD Gold is the cleanest hedge right now. Inflation + geopolitics + Fed inaction = perfect setup for precious metals.
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The more I look at this, the more I like it. $NVDA Down on macro noise. AI demand hasn't changed. $165 is a dip worth buying into. Multi-year AI buildout is still early innings.
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Interesting setup forming here. $TLT Duration is painful today with hot CPI, but 5% yields will look like a gift a year from now. Late-cycle positioning.
#StockMarket#Earnings#Analysis
Interesting setup forming here. $XLE Energy is the trade of the month. WTI at $102, supply shock from Hormuz disruptions. Oil majors printing record FCF.
The more I look at this, the more I like it. $SPY Core CPI +0.4% MoM is hot. The Fed is stuck. Rate cuts are off the table for Q3. Market adjusting to new reality.
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