Please feel free to read the blog post: #investing #stocks #bonds #options
https://www.linkedin.com/pulse/week-barrons-06072026-r-f-culbertson-qtyve
Factually: (a) It’s convenient that the Nasdaq ($42T in market cap) plunged 4.18% on Friday = $1.75T == delivering the exact liquidity required for SpaceX’s IPO this Friday. (b) With the S&P denial, investor expectations are being reset for this Friday’s IPO. (c) Mag6 buybacks have evaporated, and the semis are closer to coming ‘Down-to-Earth’. (d) Investors should be closing their tech shorts early this week, and (e) last week’s rotation into relatively smaller-cap financials, healthcare, consumer staples, and utilities was extremely orderly. Overall, Friday’s rotation was just the liquidity SpaceX required for Friday’s ‘coming-out party’ and gave the semis the room they needed to at least ‘tread-water’ until the next FED meeting. One day does not a trend make, and the trend is still our friend ... until it ends. Please feel free to read the rest of the blog post: #investing #stocks #bonds #options
https://www.linkedin.com/pulse/week-barrons-06072026-r-f-culbertson-qtyve
Please feel free to read the blog post: #investing #stocks #bonds #options
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