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Writer's pictureStéphan

Middle East : tensions escalating / #TSLA / #JOLTS / BoJ hikes to 0.25% as exp. / #Mag7 <50dma / FOMC next



  • Japan’s central bank has raised its benchmark interest rate to “around 0.25%” >>> huge key long-term support #USDJPY still 151.80 area

  • Hamas chief Ismail Haniyeh killed in Iran, Hamas says >>> Middle tensions escalating #Brent , as US Carries out strike in Iraq amid escalated tensions after Israel airstrike in Beirut >>> #brent crude sitting near lows of recent range

  • BoJ raised its benchmark interest rate to “around 0.25%”, as exp.

  • BofA's Savita Subramanian sees a rangebound S&P 500 for the rest of the year and little stock price upside for the next decade. "Valuation suggests paltry price return for next 10yrs but dividends should contribute to healthy real total returns from here." #incomeportfolio

  • Donald Trump’s pitch to the crypto crowd lacks logic. Being a force for stability is a tough ask for a volatile asset. Trump's son-in-law-backed Software Giant QXO dropped 80%, Valuation nosedived from $90B to $8.6B

  • Prof. PAUL CHRISTENSEN Electric Vehicle Battery Fires/Video, 9months old, but well worth few mins, even 30mins

  • US interest on debt payments as a % of tax receipts 2025: 25% and 2015: 6%

  • Private sector hiring rate fell to 3.7% in latest JOLTS (lowest April 2020 and in line with 2013-2014 trend) - Bloomberg. US JOLTS Job Openings Jun: 8.184M (est 8.000M; prev R 8.230M)

  • NVDA is down 25% in five weeks

  • Buffett cuts BofA stake again, unloading $3 billion in July

  • Tesla analyst nearly crashes while using ‘Full Self-Driving’ and Tesla is recalling over 1.8 million vehicles because the hood can open while the car is moving

  • #GOLD vs #Copper ratio higher again, usually not a great sign for markets

  • New poll says Kamala Harris has pulled even with former President Trump among swing state voters

  • As of 3 weeks ago, the Nasdaq 100 was beating the Russell 2,000 by 20 percentage points over the prior six months. Now the Russell 2,000 is outperforming the Nasdaq 100 by 5.2 percentage points over the last six months #rotation as expected few weeks back and it came fast! #rotation out of techs, into financials, energy and small caps

  • #Mag7 below their 50dma

 







US National Debt as % of GDP...

1980: 31%

1985: 40%

1990: 52%

1995: 65%

2000: 58%

2005: 61%

2010: 87%

2015: 101%

Today: 122%

















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