Re-accelerating Markets

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Market Update

Yields are lower after the data — the market is choosing to focus on weaker jobless claims rather than slightly hotter headline inflation. The narrative remains: Jobs > Inflation. The market is now pricing a 5% chance of a 50bps cut this week.

Equity markets are gaining momentum
China is outperforming while Ex-China EM ETFs are seeing heavy outflows
Relative lows for Staples
Aggressive flows into Gold & Silver

Markets are pivoting back toward the same themes we’ve been highlighting: growth equities, precious metals, crypto, China’s relative strength, and the growing divergence between what the Fed says vs. what the bond market is pricing.

We want to take the time to review some of our recent calls and continue our coverage on key names positioned for this environment:

BMNR · TSLA · EOSE · BABA · CC · AMD · OPRA · APLD · ASML

Click here to view the full watchlist.

AMD: After that Oracle earnings report, AMD has been getting the most attention we’ve seen in years. Get ready.

Tesla is accelerating and looks ready to smash through new highs.

We’ve been pounding the table on EOSE if you have been reading.

Bitminer up +26% since we started covering it two weeks ago HERE

Alibaba’s acceleration is clear — we are always two weeks ahead.

The China breakout is real.

The Star 50 Index almost doubled in 3 months.

Tencent is up 112% since we flagged the breakout.

LOOK AT THE VOLUME ON OPERA. WATCH THIS NAME.

APLD has surged nearly 300% since we started coverage.

Iren is another 300% mover since we highlighted it.

Coupang!

Chemours: Found its bottom when it pivoted into datacenter cooling systems. Up 53% since.

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