ndx

Equity side versus the technicals and equities are crazy... earnings growth... For 2024... 54% year on year growth... So I'm bullish on stocks and urged to continue to look at stocks.

yields

I think the Fed can cut rates, but until then you got yield levels. You can get it down faster and more aggressively than where they are today.

yields

We do think the fed does get underway. That recalibration that was hibernating comes out of hibernation. And they begin cutting in September. Given the expectation of the Federal Reserve starting rate cuts in September due to slowing labor market and inflation data, yields are expected to move sharply down in the short term.

yields

So, they're ready to come down. I think they'll cut here in September. Probably again later in the year. And as I said last time, I think you could continue that into next year. So, you probably get a 100 basis points by this time next year.

ndx

higher growth and upward revisions for NVIDIA and AMD

yields

...that the Fed will likely start cutting rates by 50 basis points next month, reopening credit channels and easing policy.

ndx

I do Joe. And ultimately it's going to come down to growth rate next year. Street's looking for 5% just on this upgrade pool. ... I think Apple is going to be one of the top two performing mag sevens over the next year.

metals

Silver prices have rallied over 28% year to date, silver is stepping out of gold's shadow, and a potential silver squeeze could drive prices higher; uranium equities show strong fundamentals with increasing free cash flow and term market improvements. Precious metals bull markets typically start with gold but leadership moves to silver as investor momentum builds; structural deficits and record demand support price rises; uranium markets have term contracts lowering capital costs, indicating a bullish long-term outlook.

metals

John Woods mentioned sharp increases in lithium due to supply constraints, leading to potential sharp ups in the metals market short term.

ndx

I continue to believe there's going to be a melt up between now and Thanksgiving.

yields

Now is a very good time for if people are going to buy bonds because they can make a lot of money as yields plummet.

metals

Gold prices spiked sharply higher in the New York ComX this morning. CPM Group has been projecting for its clients that the price would touch 3,500 in August or September and would probably get up to 3,600 in September or October with higher prices later in the year and into 2026.

ndx

No, I'm keeping the money in the market. You know, we have we're juggling balls just fine. And I think you can get yourself all distracted by, you know, just the sheer velocity of change that's happening here. But if you look at the details and look at those different balls and look at the skills of the jugglers involved here, how can you not be invested?

ndx

So I think that's normal. I expect it to we've said that third quarter. We think this is the best chance we could have for some correction or moderation, if you will. But I want to be very clear, it's still early in the new bull market.

ndx

We still are big believers in the tech story. The AI story is only gaining momentum.

metals

I think the same dynamics which have us setting those record highs almost on a weekly basis are alive and well. Gold miners are starting to outperform and have operational leverage, generating massive free cash flow, leading to major upgrades.

ndx

I think the Nasdaq is the place to be. The AI boom is alive and well within the choppiness we've seen with tech earnings.

metals

MIKE: ... GOLD IS MUCH BETTER UPSIDE IN THE FUTURE DURING THE TRUMP ADMINISTRATION ... GOLD IS OFF TO THE RACES.

wti

MIKE: $40 A BARREL. IT'S A MATTER OF TIME, MATT. I DON'T KNOW IF IT STOPS IT. WE HAVE A GLUT IN THE U.S. AND POTENTIALLY DECLINING DEMAND. I MADE THE CALL A FEW YEARS AGO, PEOPLE OF HEARD IT FROM ME BEFORE. $40 A BARREL.

yields

it's now time to cut rates The economy has slowed, and the Fed needs to respond to economic data.

ndx

big Tech has blown through the numbers... It's outside of tech especially Bitcoin.

ndx

The biggest lift in markets coming from Big Tech.

ndx

I buy Google... I just think it's two different business models. I think the commercial element of Google's paid search business is going to continue to be one of the most robust businesses on the planet for a long period of time. So I'm not fearful that there's going to be a meaningful slowdown in the paid search growth.

ndx

this is a phase in the markets where it feels like 1999, we could have this accelerated uplift in markets

ndx

Jack said, 'the market continues to be dominated by the magnificent 7' and he referred to the big tech earnings growth which is driving the market higher, highlighting strong earnings expectations and optimism for AI growth.

ndx

The expectation for the S&P (which includes the Nasdaq 100) is around 5% up by the end of the year and almost 10% over 12 months, reflecting earnings growth of around 7% this year and next year.

ndx

I think that the next leg of this bull market's going to come from a broadening out beyond just the AI story.

yields

Well, interest rates are going lower. That's all we need to know. So if you're overweight in cash, you're getting a pay cut.

metals

I would suspect that the gold price gain may very well mirror the decline in the purchasing power of the US dollar. If the US dollar loses 75% of its purchasing power, one would expect gold to mirror that on the upside.

metals

we continue to expect higher gold prices over the course of this year into next year because we don't see those political and economic factors changing Strong investment demand driven by economic and political uncertainty is keeping gold and silver prices elevated, and open interest data shows market participants expect high and volatile prices to continue through the medium term.

wti

Crude oil down to $66 a barrel as investors digest OPEC’s latest plans to put production in September, and energy stocks were the weak link on the day.

ndx

there are factors at work right now that mean I think this market goes higher in the near to intermediate term.

ndx

The only thing that's up is stock prices. That's really up and that's through the roof. The stock market has been hitting all-time records, all-time highs.

yields

‘by the third end of the third into the fourth quarter a lot of the inflation statistics will go over 3%.’; ‘We’re going to see long-term interest rates move up and that could really bother the stock market.’; ‘If you want to borrow to keep a 24 25% of GDP at the budget and 7% deficits to GDP interest rates are going to skyrocket.’; ‘4 and a half percent is normal; zero interest rates 2010-2019 was an aberration.’

yields

"the probability the fed cutting in September has gone up"; "there are now five rate cuts priced in between now and the end of the year, end of next year"; "markets are thinking, okay, the Fed's going to get down to 3% raise"; "long term rate can come down a little bit"