Subscribers to Chart of the Week received this commentary on Sunday, August 24.This week’s Big Tech rout drove the broader market to substantial losses throughout the week. Leading the push lower were (seemingly impenetrable) large cap tech titans Palantir Technologies (PLTR) and Nvidia (NVDA). The pair suffered an (overdue) bout of profit taking, which resulted in respective losses of 9.4% and 3.5% on Aug. 19.The Nasdaq-100 Index (NDX) shuttered 1.4% on the same day; testing, breaching, and ultimately recl ...

Market Performance - Wall Street experienced a mixed performance last week, with a slump in the middle driven by fears of an AI bubble and doubts over AI investments' substitutability, followed by a strong finish due to Federal Reserve Chair Jerome Powell's hints at a possible September rate cut [1][2] - On August 22, 2025, Wall Street rallied sharply after Powell suggested interest rates could be lowered soon, indicating a shift in the economic outlook that may warrant a change in monetary policy [2][3] - Traders' expectations for a September rate cut rose significantly, with the probability increasing to 91.5% by Friday afternoon, compared to 70% earlier that day and 85% a week prior, leading to a drop in treasury yields and a rise in stock prices [4] Index Performance - The Dow Jones Industrial Average increased by 1.9% to a record high on August 22, 2025, while the S&P 500 rose by 1.5% and the Nasdaq Composite gained 1.9%. Overall, the S&P 500 gained 0.3% last week, the Dow Jones added over 1.5%, and the Nasdaq lost 0.6% [5] ETF Highlights - KraneShares SSE Star Market 50 Index ETF (KSTR) rose by 12.8% last week, focusing on the 50 largest companies on the SSE Science and Technology Innovation Board [7] - AdvisorShares Pure Cannabis ETF (YOLO) increased by 12.5%, benefiting from potential reclassification of marijuana by President Trump [8] - ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) gained 11.3%, with Ethereum leading digital asset gains [9] - Global X MSCI China Consumer Discretionary ETF (CHIQ) rose by 6.4%, driven by steady performance in Chinese e-commerce stocks and significant gains in auto stocks like NIO, which surged by 29% [10] - VanEck ChiNext ETF (CNXT) increased by 5.1%, attracting attention due to a sustained recovery in Chinese stocks and capital inflows [12]

Hello and welcome to Ask for a Trend. I'm Josh Lipton. For the next half hour, we are breaking down the trends of today that'll move stocks tomorrow.There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. Here's some of the trends we're going to be diving into. It was a sliding start for stocks at the beginning of the trading week.Investors seem to have maybe lost their zest after Jackson Hole and as they parse retail data and await Nvidia earnings at the end of ...

We can't have an AI bubble if trillion dollar companies are growing profits 30% year-over-year.Haters are on the wrong side of history. https://t.co/m5z5AJ2bQ4 ...

Refresh As Nvidia goes, so goes the market Nvidia stock has made some notable post-earnings moves in the past two years. Here's a quick rundown of NVDA's single-session returns the day after the chipmaker reported earnings: This works out to an average post-earnings move of 6.1%. But even a below-average move could impact the broader market, says Jay Woods, chief global strategist at Freedom Capital Markets. This is because, at $4.34 trillion, Nvidia is "the largest market capitalized firm in the world," an ...

Core Viewpoint - Palantir's stock is experiencing short-term losses, with a significant increase in insider selling as executives seek to lock in profits [1][7]. Insider Trading Activity - Insiders have sold approximately $2.73 billion worth of stock over the past 12 months, while only purchasing $1.16 million, indicating a selling ratio of more than 2,350 times the value of shares bought [1][2]. - Recent transactions include Shyam Sankar selling 30,000 shares for nearly $4.8 million, CEO Alexander Karp selling 186,194 shares for about $29 million, and CFO David Glazer selling 8,047 shares worth $1.25 million [5][6]. Stock Performance - Palantir's stock has struggled to maintain momentum towards the $200 mark, with a recent weekly decline of almost 10%, despite a year-to-date increase of 111% [9]. - At the last close, shares gained 1.6% to finish at $158.74, but bearish calls have emerged, including a warning from Citron Research that the stock could fall to $40 [9][10]. Market Sentiment - The lack of insider buying suggests that executives view current prices as an opportunity to realize gains rather than to increase their exposure, which may lead to investor skepticism [7]. - Concerns are growing about the sustainability of AI stock valuations, with comparisons made to Databricks and warnings about potential bubbles in the sector [9][10].

I sat down with @jvisserlabs for our weekly conversation.We discussed Jerome Powell’s recent comments, why PMI is important, why bitcoin isn’t going up, AI bubble, MAG7 getting cheaper, and where Jordi sees risk right now.Enjoy!YouTube: https://t.co/qiK9viT90TSpotify: https://t.co/5F0le4fQ9HApple: https://t.co/NCtomjbDdzTIMESTAMPS:0:00 - Intro1:00 - What’s going on with the Fed?5:07 - How to measure inflation with AI boom15:47 - How accurate is the job data?19:08 - PMI and why it’s important27:59 - Why isn’ ...

The benchmark S&P 500 Information Technology Index is down 1.50% for the past week, as AI stocks were stuck in a blender that affected big names like Palantir PLTR, Nvidia NVDA, and Amazon AMZN.The damage could have been worse if not for a Friday speech by Federal Reserve Chair Jerome Powell, in which he indicated that a Fed rate cut may be justified due to a gloomy jobs picture. That fueled an 800-point rise in the Dow Jones Index, leading into Friday’s trading. It’s got a lot of investors wondering what t ...

The S&P 500 experienced its longest losing streak of 2025, dropping for five consecutive trading days as of Thursday. It is also the first time this year that the index has endured such a drop, according to Dow Jones Market Data.The S&P 500 declined 1.5% over the past five sessions, pressured by selling in big tech names as investors rotated away from the tech sector on AI bubble fears and overvaluation concerns. This downturn was exacerbated by disappointing Target (TGT) and Walmart (WMT) earnings, renewed ...

Core Insights - Short sellers are profiting significantly from bets against AI stocks, accumulating $5.6 billion in just two trading sessions as concerns about the AI boom's sustainability grow [1] - Major tech companies, particularly Meta, NVIDIA, Microsoft, Apple, and Alphabet, have experienced notable declines, with short bets against them yielding $2.8 billion in profits for investors [2] - Outside of the major tech firms, companies like Advanced Micro Devices, Broadcom, Micron, and CoreWeave have faced even steeper losses, with CoreWeave dropping 24% [3] Company-Specific Developments - Meta has seen a 4% decline over the past five sessions, with short sellers increasing their positions to $4.7 billion, resulting in $1.1 billion in profits [4] - Palantir, which had previously surged over 150% since April, has now fallen over 15%, leading to more than $1 billion in gains for short sellers [4] Market Sentiment and Speculation - A report from MIT's Project NANDA indicated that 95% of companies studied are not seeing returns on AI investments, contributing to a shift in market sentiment [5] - OpenAI CEO Sam Altman suggested the industry may be in a bubble similar to the dot-com crash, with limited applications for AI outside of chatbots and search [6] Future Outlook - Some analysts, like Dan Ives from Wedbush, remain optimistic about the AI sector, viewing the current pullback as temporary and predicting continued market growth driven by AI investments [7] - For those skeptical about AI stock valuations, inverse tech-based ETFs have gained traction, with several ETFs showing positive performance [8]