...what inning of short covering are we in?

"The positive is that hopefully we’re coming to the end of all the tariff cloudiness"

...despite muted activity at the index level it was a 'Bloodbath in Paradise' for momo traders riding the 'Crazy Train'...

"We are to gauge where the hit from tariffs will come through."

"...it's getting chasey out there..."

"Let’s remember that we were going into this reporting season with very low expectations"

The week was dominated by rising tariff/trade uncertainty...offset by improving domestic macro and micro situation, and a drop in geopolitical uncertainty...

“We remain positive on risky assets over the coming weeks, though we have taken some chips off the table. Technicals will start to  shift in August.”

...'growth' surging while 'inflation' plummets.

"After yesterday’s scare, the bar will be even higher to take Fed independence threats seriously."

Ethereum dramatically outperformed Bitcoin, dollar dumped, gold spiked, yields drop...

“Newsflow of more deals being struck over the coming weeks should offset some of the negative trade rhetoric.”

Small Caps slammed as Mega-Cap tech's melt-up continues...

...it's vewy vewy qwiet in stocks but the dollar is up 8 days in a row...

“If the data points to stronger-than-expected inflationary pressures or a tight labor market, the Fed may be forced to delay rate cuts — potentially triggering a valuation shock for equity markets.”

...seven straight weeks of short-squeezes and a momo meltdown.

“The market’s sensitivity toward tariffs has diminished”

NVDA leads the charge, surging to a record-breaking $4 trillion market cap... Bitcoin 'record close'...

"The market has already overreacted in the past on Trump’s trade announcements, so investors are being cautious"

...no 'great' reason for the 'violent' unwind action today...