Despite the recent rotation out of tech, my next guest still sees opportunity there. So, joining me now is Matt Mskin, co-chief investment strategist at Manu Life, John Hancock Investments. Matt, it's great to have you on.And let's start right there. What do you think of stocks at these levels and and where do you think we go from here. Yeah, Morgan, today's a day that reminds you that the market was really looking forward to some rate cuts.And the thought that the economy is actually accelerating here into ...

Market Sentiment - Market experienced a dump due to the decreased probability of a September rate cut [1] - The odds of a September rate cut dropped from 90% to 57% [1] - The market anticipates increased clarity from Fed Powell's policy speech at Jackson Hole [1] - Industry expects rate cuts and Quantitative Easing (QE) are forthcoming [1] - Industry forecasts a "giga bullish" Q4 [1]

Jobless Claims from the Labor Bureau came in HIGHER than expected.Actual: 235K🔻Estimate: 226KPrevious: 224KHowever, despite a tiny bump in positive price action for crypto + equities, it is still not adding to confidence in a September Rate CutLikelihood of a September Cut has now shifted UNDER 80% from FedWatch, after being over 90% just last week.&& all the way down to 64% on Polymarket!?All eyes continue to be on what Powell will say tomorrow at Jackson Hole.After the Hawkish Fed Minutes from July, many ...

💥BREAKING:🇺🇸 Federal Reserve official says “rates are high right now, can cut 100 BPS into 2026.”HERE WE GO! 🚀 https://t.co/GcuGJKXLDL ...

🇺🇸 WALL STREET IS PREDICTING THATA RATE CUT WILL BE ANNOUNCED ATJACKSON HOLE SUMMIT ON FRIDAY!FED WATCH TOOL ODDS ARE NOW AT83% FOR THE RATE CUT IN SEPTEMBER🔥 https://t.co/GiDgjpOVu9 ...

In the meantime, minutes from the July meeting of the Federal Reserve reflecting a rather divided central bank. One that is worried about tariffs and inflation and another one also worried about jobs and the labor market. Let's tie it all together and get reaction from Mike Schumacher.He is the head of macro strategy at Wells Fargo Securities. Mike, good to have you on. Thanks, Brian.It is a So, the minutes today, which are normally pretty boring, let's all just admit that. Today they were not because on on ...

Market Overview & Potential Risks - Market is experiencing rotation from leading stocks to lagging stocks, leading to pullbacks in large-cap indices [1][2] - Bottom-up analysis reveals intermediate-term overbought downturns, indicating underlying deterioration [2][3] - Loss of support from mega-caps and leaders like Palantir could trigger a market correction, typical for this time of year [3] - Short-term sector rotation shows technology underperforming, benefiting oversold sectors like cyclicals [5] - Measured move objectives from previous breakouts suggest the risk-reward isn't favorable for new long positions [9] Key Levels & Technical Analysis - Initial support for NASDAQ 100 (NDX) is around 22,300, representing a breakout point [7] - If overbought downturns become widespread, the 200-day moving average and cloud model support are near 21,300 [8] - A 4-5% retreat to initial support is anticipated [9] Sector Analysis & Opportunities - Utilities sector is currently overweight, showing positive technical catalysts and intriguing relative performance [10] - Short-term rotations are positive for utilities versus the S&P 500, with oversold conditions suggesting stabilization [10] - Energy sector may perform better due to a bounce in crude oil prices [6] Interest Rate & Yield Impact - Market anticipates a rate cut in September, but the certainty is questionable [11] - If rate cuts occur, expect 10-year yields to decline, potentially breaking support around 42% (0.042) [12] - Historically, the start of Fed rate cut cycles tends to be more negative than positive for the equity market [13] - 10-year yield is in a tight range of 42% (0.042) to 44% (0.044) [13]

Bitcoin, Ethereum Rise After Fed Minutes Shed Light on Rate Cut Dissent► https://t.co/dx6AReGXzd https://t.co/dx6AReGXzd ...

September Rate Cut Likelihood continues to drop. Down another 3.7% today after FOMC Minutes Released.The Main Takeaways from FOMC Minutes Below.- Bowman & Waller dissented, wanted a 25bps cut (rare dovish split)First dual dissent in 30+ years — signals rising concern about labor weakness + inflation (excluding tariffs).- Majority Still Hawkish“Almost all” other Fed officials backed holding rates at 4.25–4.50%.Sticky inflation & upside surprises in recent data kept the Fed cautious on easing.- Powell balance ...

🇺🇸 WALL STREET IS PREDICTING THATA RATE CUT WILL BE ANNOUNCED ATJACKSON HOLE SUMMIT ON FRIDAY!FED WATCH TOOL ODDS ARE NOW AT83% FOR THE RATE CUT IN SEPTEMBER🔥 https://t.co/bebrI1xFu9 ...