AI Trade Under Pressure As Credit Spreads Widen And Global Yields Rise
The options positioning heading into NVIDIA’s results is razor-thin, with the stock down almost 4.5% this week. The setup has shifted slightly, with the stock moving closer to the zero-gamma level around $180.
Rejoinder To Comments On House Price Affordability
Despite claims of stable home prices, inflation-adjusted price-per-square-foot has climbed sharply, rising over 22% through 2024. Updated metrics show a clear long-term surge in housing costs, not a flat trend.
Rates Spark: An Eye On Risk Sentiment
Equity jitters steepened curves within prior ranges, keeping 10y UST above 4%. Bunds richened vs swaps as long-end rates stayed sensitive to Dutch pension news. TIC data also showed solid foreign demand for US assets, especially Treasuries.
Have The S&P 500 And Nasdaq Stock Markets Peaked?
Technical signals in the S&P 500 and Nasdaq hint at a possible major top, with gap fills and steep downside targets ahead. Sentiment complacency and AI-driven excess add to risks if a routine bear-market decline unfolds.