ADP Private Sector Employment shrank by -32K jobs vs +45K estimate. This is likely the most trustworthy data we have now. In addition, because of the gov't shutdown, we won't get the Non Farm Payrolls on Friday.

Drug stocks are the new bull runners. Most were trading at multi-year lows, money rotation is sending them shooting higher. PFE will likely continue higher, still riding it. Now looking for smaller $1-$20 billion size to start.

Palantir (PLTR) in freefall, be careful of high valuation stocks, big air pockets under them. They can collapse fast.

Verified Statistics: ADP Private Sector Employment: The Breakdown verifiedinvesting.com/blogs/verified…

Call option volume now the highest on record, and 30% more than at the height of the meme craze in 2021. Market upside must be a 'sure thing'.

AMD & OpenAI join forces with another "rob Peter to pay Paul" type deal. AMD will get $100B in revenue over the next 4 yrs from OpenAI. AMD gives OpenAI warrants at $0.01 for 160M shares of AMD. OpenAI can sell these warrants to pay AMD.

While there is a void of economic data due to the gov't shutdown, 3 Federal Reserve members are speaking today. In addition, earnings season is quickly approaching.

The $ORCL news yesterday was a wake-up call on the AI trade. Not every company will be a winner. Oracle lost $100M on their data center rental from $NVDA, as margins were much lower than expected. Yet the narrative is every company will make a fortune....

Ferrari (RACE) falls on lower guidance, Delta (DAL) jumps on high end travels flocking back. Stocks look to open flat after yesterday's rally. Will go in-depth with trade levels on "My Trading Game Plan" at 9am ET.

Fed Chair Jerome Powell will be speaking shortly (8:30am ET). With no economic data with gov't shutdown, this will be the main driver of action today. Warnings from Jamie Dimon on bubble risks continue to be ignored by the market.

Silver makes new all-time high above $50. Every major asset is now making or has made in the last week all-time highs. Stock market, gold, silver, bitcoin...though housing is starting to collapse.

China going on the offensive, restricting the export of rare earths again and targeting chips from $QCOM. This ahead of the Trump/Xi talks. In other words, let the bargaining chips begin to build.

The social media post heard round the world. President Trump lashes out at China. Markets, being price to perfection did not have it on their bingo card. Risk-off followed with the S&P down nearly 3%.

Trump puts an extra 100% tariffs on China as things escalate further. Crypto just crashed, now recovering. Nasdaq dropped 3.5% during market hours and another 1% after hours. Fear quickly spreading, let's see where things are Sunday evening.

Verified Statistics: Two Economies: Those That Can Invest (Not In A Recession) And Those That Cannot (In A Recession) verifiedinvesting.com/blogs/verified…

After the big stock market fall and crypto crash, the walk back has started. Trump saying he would still meet with Xi and China saying these are not new export controls, everything is the same as it was prior. Amazing how 1 day down day can shape policy.

Futures open 0.95% higher on the S&P after both Trump and China backed down after seeing the markets drop sharply. Technical traders now have a level to focus on (the all-time high).

As a chart technician, the all-time high and big drop Friday now becomes a technical level to trade against. S&P 6,765 is the level to beat in the near-term. Today's bounce is a retrace unless it takes that high out.

Sat down with David Lin for an in-depth look at what is going on in the markets, economy, gold, bitcoin and more. youtube.com/watch?v=nujcNj…

Earnings from $JPM, $BLK, $GS, $C and $WFC were all solid, beats across the board. However, the stock prices were so elevated going into earnings, most are flat or slightly lower. This should be noted for other earnings this season.