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Yields Spike, DXY Rises: Tech's Pain Trade Unveiled!
Season 2
Episode 51
Published 6 months, 2 weeks ago
Description
Here is the trade setup for the open. Geopolitical tensions boost metals, but surging yields & a strong DXY create a 'pain trade' for tech.🚀 NVDA: AI infrastructure leader.📉 PLTR: Focused on government & commercial contracts.🔔 LLY: GLP-1 dominance in pharmaceuticals.📈 S&P 500 (/ES) Key Support: 5000, Resistance: 5075.📊 Nasdaq 100 (/NQ) Key Support: 17,850, Resistance: 18,100.