Volatility spiked as traders "took chips off the table" ahead of Amazon and Alphabet earnings. Despite a "big leg lower," markets remain in a massive hourly trading range, suggesting a bottoming process near symmetrical support levels.

In this video, Ira Epstein discusses the current challenges and dynamics in the financial markets, highlighting the significant downturn in tech stocks despite strong performance metrics, exemplified by AMD's recent losses.

Alphabet shares experienced a rare post-earnings “hiccup” on Wednesday, as investors grappled with a massive spike in projected capital expenditures and a slight miss in YouTube advertising revenue.

Gold price (XAU/USD) jumps to around $5,005 during the early Asian session on Thursday.

GBP/USD remains trapped in a near-term cycling pattern on Wednesday, continuing to churn aimlessly between 1.3700 and 1.3650.

Truflation’s Chief Economist reports a dramatic drop in inflation, now estimated below 1%. While official data remains delayed, this real-time gauge suggests a rapid cooling, potentially challenging the Fed’s current "higher for longer" stance,

The S&P 500 price return was 17% in 2025. However, over the same period, an unhedged Euro investment in the S&P 500 only returned 1%, without counting dividends.

ADP data shows the manufacturing sector remains in a deep freeze, with jobs declining for 22 consecutive months. While some hope for a recovery, the persistent contraction in goods-producing roles contrasts sharply with steady service expansion.

Hercules Capital is a business development company based in San Mateo, California, that lends money to entrepreneurs and venture capital investors.

Stocks fell on Wednesday, but the S&P 500 declined by only 50 basis points. However, the S&P 500 equal-weight ETF RSP rose by nearly 90 bps, which is notable dispersion today.

EUR/USD dips as strong US services PMI data supports the Dollar despite emerging labor market softness.

The Nasdaq just breached the lower edge of its expected move. The Dow is pushing the upper edge of its expected move. That divergence tells you everything about what's happening right now.

Although heavy duty truck sales rebounded somewhat in December, up from their post-pandemic low of 336,000 annualized in November to 392,000, even on a three month average basis they are down -3.4% from their peak in 2023.

+22K vs. consensus of +46K, down from December (rev’d) +37K. Alternative business cycle indicators incorporating these figures show the labor market growth at near zero:

The markets are struggling to estimate and price in risk, but there are powerful forces working against genuine price discovery.

EPS $2.82, up 31% vs. $2.15 y/y, beating estimate $2.65.

Ethereum price defends the $2,000 support zone as analysts watch $2,400 and $2,700 levels for signs of trend recovery.

The Nasdaq and S&P 500 extended yesterday's losses, with the former falling 350 points as Advanced Micro Device's dismal outlook dragged chip stocks.

The oil markets had a green day today.

GBP/USD traded around 1.3712, holding above its rising 20-day exponential moving average at 1.3605, with a 14-day RSI at 62.