ndx

higher growth and upward revisions for NVIDIA and AMD

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

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

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.

ndx

The biggest lift in markets coming from Big Tech.

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

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.

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"

ndx

I think we're going to rally pretty strongly in August. So, I think yeah, I think we can get back to 65 or get to 65 6600 all-time highs this in the next couple weeks and then uh 7,000 in the next 12 months. Above that. Yeah, probably well above that next. Well above that. Yeah.

ndx

I think we're going to rally pretty strongly in August. So I think yeah, I think we can get back to 65 or get to 65, 60, 600 all time highs this in the next couple of weeks. And then 7000 in the next 12 months above that.

yields

‘this rate cut that’s likely, I think in September could be larger than 25 basis points… that may be put a little bit more downward pressure on Treasury yields, maybe some 4% because that’s not really priced in at this moment 50 basis points’

yields

"I think it makes it even more likely that they're going to cut in September. We have had a series of 25 basis point cuts in September, October, December."

ndx

Reinstated his S&P year end target of 7100. We have a Fed that will cut rates, and markets like earnings and revenue growth.

yields

We are seeing a huge drop in short-term yields, especially the two-year Treasury yield dropping 27 basis points, the biggest plunge since early 2023; bond investors are rallying at the front end in response to weakening labor market data and increasing odds of a Fed rate cut in September. The jobs data revised downward significantly indicates a weakening labor market, pushing investors to expect a rate cut imminently, leading to a sharp drop in short-term yields as reflected in the front-end Treasury market.

ndx

we think that tech and those secular growth stories are really the powerhouse here Microsoft and Meta strong earnings and continued CapEx growth driven by AI indicate tech will lead market higher

yields

From the bond market perspective, the cumulative cash flow surplus of the corporate sector this cycle is down 75% from where it was a decade ago, implying less liquidity and higher yields.

ndx

U.S. exceptionalism is back for the AI trade and in particular those big tech names. The bar is relatively low in terms of expectations. That would be a positive for sure.