The AI trade has cooled off in recent weeks, with many of the notable companies involved in the trade, including Nvidia and Advanced Micro Devices, facing adverse price action. The recent pressure raises a valid question: Is the selling overdone?

After a day of financial market chaos, investors are dipping their toes back into the US market's choppy waters as a tentative calm returns to global markets following a period of absolute terror.

Using data available through September 2023, the probability of recession in August using a simple spread model is still quite high, while that using a debt-service augmented model is at 51%.

I’ve shared this chart many times, and it’s working great. It is the XME/GDX​​​​​​​ ratio, which has suggested that, over the long haul, being long GDX and short XME would be a great pairs trade. So far, so good, and plenty more to come!

Well, it’s finally happened. I’ve been warning for months - since it was cooler outside - that the carry trade in increasingly expensive Japanese yen was likely to blow the markets apart.

Gold price dropped below $2,400 on Tuesday, extending its losses for the second consecutive day as US Treasury yields rose amid an improvement in market mood.

In 2023, one of our best callouts and profitable swing trade was buying the Vietnam ETF on the lows and riding it to its peak in September 2023.

GBP/USD backslid nearly a full percent on Tuesday as the Pound Sterling continues to deflate against the broader FX market.

The USD/CAD pair trades flat around 1.3785 during the early Asian session on Wednesday. The US Dollar (USD) rebounds as some calm returns to the markets, which helps limit the pair’s losses.