Will $QQQ hold its 50-day moving average? Tomorrow might be the big test, considering Mondays are perma-bid.

GS: Preliminary Data Suggest That Initial Claims Were Unchanged

Fed Fund Futures pricing in an 1/8pt cut for December

Crypto drawdowns: Bitcoin -21.5% Ether -34.3% Solana -45.4% Cardano -82.5%

$IWM 2nd-worst day since April -2.9%

$QQQ 2nd-worst day since April -2.1%

Artificial Christmas trees are expected to see a price hike of 10% to 20% this year. Real trees ~unch

BofA: Tariffs pose a threat to the typical holiday cheer -A sales-free holiday is one way to pass on costs -Goods prices may not see the usual seasonal decline

GS: The national and almost all regional power markets in the US are likely to become critically tight by 2030, especially in a scenario with faster data center growth

GS: The US hosts 44% of global data center capacity

GS: Power Bottlenecks Could Slow the US in the AI Race With China

$TSLA -6.66%

$TLT LoD

Best SPX stock in the past year is the worst one today $HOOD -9%

Russell 2000 -3% Small-cap growth hit the hardest

$VIX drinking > 21

Ether turns negative on the year

No-cut November/December

Borrowing to Fund AI and Comparing Capex to Cash Flows. Merrill

The Rise of Tariffs, Their Revenues, and Layoffs

Frosty morning yesterday, but we're back in the 70s around Jax!

$MAGS could have its lowest close in about 4 weeks

Remember 2016-2019, when everyone felt great? @StockCharts articles.stockcharts...

$CSCO total return chart looks better though

$CSCO close to its 2000 peak

Handful of big tech-ish names down 2-3%

$DIS shares not magical in the last 10 years

Median Age of All US Homebuyers: 59 Years. It was 39 in 2010. Torsten at Apollo

Dec rate cut... 62% chance @Kalshi kalshi.com/markets/k...

International stocks have beaten the US Russell 1000 EW and $RSP over the past 4 years $VEU $EQAL

TOM LEE still expecting a year-end rally.. comparable-year finishes are bullish @fundstrat fsinsight.com/macro-...

$USD $DXY dollar continues to retreat from the 100-100.6 level on the DXY @StockCharts articles.stockcharts...

Silver right near its all-time high from last month

$NFLX dominates profitability of DTC segment of streaming @WSJ

Streaming Prices Are Soaring—and Consumers Are Still Paying Massive hikes since 2019 @WSJ

$CSCO $BABA $NKE $IBIT $GLD up

It's about time! SPX +2.45% during the shutdown though

BofA: Total card spending per household rose 4.2% y/y in the week ending Nov. 8. The gain mainly reflects an easy comparison against a few weak post-election spending days last year. Overall, consumer spending appears stable heading into November.

Monthly restaurant spend data review through 10/26/25 lots of "slowed" $EATZ

BofA Consumer Survey: Fewer respondents expect to have/adopt a baby compared to 12 months ago

BofA: October US credit card spending trends show relative stability -Readthrough to V/MA: modest credit decel, debit accel -Readthrough to AXP: higher income continues to be strong -Restaurant and Travel both accelerate y/y

2025 on pace for best global vs. US returns in >30 years (annualized) $VEU $SPY @AugurInfinity

BofA: Borrowing to fund AI datacenter spending has exploded

BofA: K-shaped data: sentiment is poor, reality is fine State-level initial claims for unemployment benefits show no steady rise

BofA: It’s not time to sell the AI ecosystem, It’s the right time for global, uncorrelated value Value never stopped working outside the US

GS Japan: Passenger Car Export Prices to North America Rise on Lower Tariff Rate

Bears driving down the field this week.

These northern lights really are breathtaking.

S&P 500 ... another successful government shutdown. +2.45%

Mentions of “economic slowdown” in corporate earnings calls have fallen to their lowest level since 2007. @markets @AugurInfinity augurdigest.com/p/au...