What changed
IT WAS ANOTHER RELENTLESSLY BULLISH WEEK...
🔶 HOPES FOR A RESOLUTION IN THE STRAIT OF HORMUZ PULLED BRENT DOWN TO $91/BARREL AND TOOK THE 10-YEAR YIELD BACK INTO ITS TRIANGLE AFTER REACHING 4.69%
🔶 AI STOCKS LED THE CHARTS AS USUAL, WITH PARTICIPATION FROM THE MORE SPECULATIVE SIDE OF THE MARKET SPECTRUM (BELOW)
🔶 WITH COMMODITIES DOWN ON THE WEEK, TIPS BREAK-EVENS RETREATED BACK TO THE MID-2’S
THIS MARKET CONTINUES TO BE IN A TUG-OF-WAR BETWEEN TWO SHARP TAILS, WITH AN EARNINGS-DRIVEN AI BOOM