In today’s report, gain valuable insights into key indices such as E-mini S&P and NQ, as well as commodities like Crude Oil, Gold, and Silver. Our market strategist carefully interprets the current market conditions, providing you with a thorough understanding of the prevailing trends and potential opportunities.
E-mini S&P’s market sentiment and potential resistance/support levels.
Crude Oil’s bias and critical resistance/support zones.
Gold and Silver’s outlook with key resistance and support markers.
Meta Meltdown: Analyzing AI Investment Trends with Bill Baruch
Bill Baruch, President and CIO of Blue Line Capital and part of the CNBC Investment Committee discusses the recent revenue guidance and increased AI investment of tech giants, emphasizing the necessity of ongoing spending in the AI arms race for companies like Meta amidst market concerns.
Earnings and Weak Economic Data Sends the Stock Market Lower!
Meta beat earnings, but weaker guidance is putting pressure on tech stocks. Q1 GDP was released and came in at 1.6% vs 2.5% expected and the GDP Price Index came in at 3.1% vs 3.0%. Yields are higher, will we get relief ahead of the 7-Year Note auction?
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