This week was about sorting out what matters: knowing when to step in and when to wait. I’m watching both unfold — from global capital shifts that will take years to play out, to traders trying to time a top right now. There’s a clear contrast between patience and action in this tape.
Market Dynamics;
• S&P: Still holding up. The index worked through major resistance and continues to trade well.
• Rates: CPI and PPI came in soft. That took some pressure off the bond market. Yields backed off a bit, which helped equities.
• Sectors That Performed: Aerospace and defense names have been strong on global deal flow.
• Sectors That Lagged: No real damage this week.
• Bitcoin: Holding up well.
How I’m Trading It;
Nothing’s changed in my view — I still think this market is getting repriced higher on better policy and global investment themes.
View Matrix Update;
· Picked up a few new names. It’s working — staying disciplined here.
Bulls face a critical test at daily moving averages; oil may dip, while Euro and gold show short-term uncertainty.