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Breadth Breaks in Mag 7 Rotation, Trade Optimism & Gold Loses Luster
Manage episode 519431285 series 3645668
Kevin Green has his eye on a rotation back in the Mag 7. Market breadth weakened but some mega caps like Nvidia (NVDA) and Microsoft (MSFT) briefly tapped positive territory in the first hour of Friday's down day. KG also notes optimism in global trade with the U.S. dialing back on the biggest tariff restrictions on items not made domestically like coffee and bananas. He offers a technical take on the gold and silver trade as metal prices lose steam following a volatile tick up.
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8743 episodes
Manage episode 519431285 series 3645668
Kevin Green has his eye on a rotation back in the Mag 7. Market breadth weakened but some mega caps like Nvidia (NVDA) and Microsoft (MSFT) briefly tapped positive territory in the first hour of Friday's down day. KG also notes optimism in global trade with the U.S. dialing back on the biggest tariff restrictions on items not made domestically like coffee and bananas. He offers a technical take on the gold and silver trade as metal prices lose steam following a volatile tick up.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
8743 episodes
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