The Trend Letter - Artificial intelligence (AI) isn’t one big process – it’s like a two-part job: training (teaching the AI) and inference (using what it learned). Each part needs different computer hardware, called chips, which is why companies like Nvidia and AMD lead in some areas, while others compete elsewhere. For investors, understanding this split helps spot opportunities […]

The Trend Letter - Intel is starting to look much stronger in the semiconductor industry, and several big trends are working in its favor. We are watching Intel closely as a potential addition to our Trend Disruptors service—but as we mentioned yesterday, we’re also being patient. Nvidia reported very strong earnings last night, and while the stock initially jumped this morning, both […]

The Trend Letter - The S&P 500 continues to trade within a well-defined long-term rising channel, and once again the top of that channel has proven to be formidable resistance. Each time the index has reached this upper boundary, buyers have faded and a correction has followed—exactly what we’re seeing now. Likewise, the lower boundary of the channel has […]

The Trend Letter - Semiconductors Nvidia is about to report earnings, so it’s a good moment to look at the overall semiconductor sector. The chart we’re referring to shows the VanEck Semiconductor ETF (SMH) along with its long-term trend line (the 200-week moving average). Here’s the key idea: When the price of SMH gets far above this long-term trend […]

The Trend Letter - During the COVID-19 pandemic, inflation surged due to multiple factors. Governments worldwide shut down supply chains, drastically limiting the supply of goods. With fewer goods available and more buyers, prices rose. At the same time, massive government stimulus inflows, with the US alone distributing about $5 trillion, fueled demand further, accelerating inflation. Central banks also […]

The Trend Letter - S&P 500 The S&P 500 closed sharply lower today, dropping 1.7% as technology shares led a broad selloff across the index. Major tech and AI-related stocks -including Tesla (-6.6%), Robinhood Markets (-8.6%), and Coinbase (-6.9%) – were among the worst performers. Meanwhile, some defensive and materials names such as Cisco Systems (+4.6%) and NIKE (+2.9%) […]

The Trend Letter - A quick review of some key market sectors. AMD AMD surged today on the news that OpenAI will ~ $100 billion in AMD. The deal also grants OpenAI a warrant to acquire up to 160 million AMD shares – roughly 10% of the company – at $0.01 per share, with the stake earned progressively as key technology and revenue milestones […]

The Trend Letter - Gold is once again approaching major parallel trend line resistance – a key juncture for both short-term traders and long-term investors. After months of sharp gains, the charts now suggest a likely pullback. Parallel trend channels have historically provided strong support and resistance, and we see this in action: the upper band held after the […]

The Trend Letter - The US Treasury plans to borrow over $1 trillion in Q3 2025, raising federal debt over $28 trillion. With foreign buyers pulling back from US Treasuries, the recent GENIUS and CLARITY Acts may signal a creative solution: using stablecoins to help fund America’s debt. What are Stablecoins? Stablecoins are a type of cryptocurrency designed to […]

The Trend Letter - Here are a few key charts that capture today’s market story. We start with the S&P 500 heatmap for Thursday. Outside of a handful of Big Tech names – most notably META and Microsoft, which delivered standout earnings -the broader index was awash in red. Despite strong results from those leaders, both the Nasdaq and […]

The Trend Letter - Equities & Major Indices The S&P 500 and Nasdaq set new record highs early in the week, before slipping on profit-taking ahead of key earnings reports. The Dow Jones Industrial Average also edged lower in the final sessions. Despite Friday’s dip, the Canadian TSX posted a weekly gain of around +1.1%, marking a year-to-date increase […]

The Trend Letter - Stocks were up slightly on Thursday, with the S&P 500 up 17.20 (0.27%) Heatmap of S&P 500 The S&P 500 is currently approaching a critical zone where two major resistance levels (red lines) are converging. This area could act as a strong ceiling for further gains. On the downside, initial support lies along the lower […]

The Trend Letter - Civilizations rarely collapse in a single moment -they erode gradually, often in full view. One of the most telling signs? People leaving. Not for better weather, but for better opportunity, greater freedom, and fiscal sanity. Time and again, excessive taxation, bloated bureaucracy, and anti-productivity policies have pushed citizens to vote with their feet. When governments […]

The Trend Letter - Today’s market action was driven by the ’black swan’ event of Israel attacking Iran. The escalation follows years of mounting tensions, covert operations, and open threats between Israel and Iran, particularly over Iran’s nuclear ambitions and Israel’s repeated warnings that it would act to prevent Iran from acquiring nuclear weapons. Israel’s Operation Rising Lion, launched […]

The Trend Letter - Gold has just made an important move by breaking out of a chart pattern that usually signals higher prices ahead. Several big reasons are behind this jump: Central banks are buying gold heavily to protect against currency drops and global uncertainty. Governments are spending way more than they earn, piling up debt—this makes gold more appealing […]

The Trend Letter - Market Summary – May 1, 2025 US stocks extended their rally Thursday: S&P 500 rose 0.6% to 5,604.14, marking its 8th straight gain. Dow Jones added 0.2% to 40,752.96. Nasdaq surged 1.5% to 17,710.74, erasing April’s losses. Microsoft jumped 9% after posting $70B in revenue, with strong AI-fueled cloud growth. Meta also beat expectations with a 16% YoY revenue gain and plans to ramp […]

The Trend Letter - Global equities tumbled Monday, driven by political instability, policy uncertainty, and rising trade tensions. Trump’s threat to fire Fed Chair Jerome Powell further undermined confidence in the Fed’s independence and the broader US financial system. The S&P 500 heatmap was a sea of red, with Netflix a rare bright spot. Major tech names led the […]

The Trend Letter - Markets End Volatile Week with a Strong Rebound – April 11, 2025 Markets capped a wild week with a strong finish, shrugging off trade war shocks and riding a wave of optimism: Stocks Bounce Back: After days of volatility, the Dow surged 600 points (+1.6%), the S&P 500 climbed 1.8%—its best week since October 2023—and the […]

The Trend Letter - Forget AI hype. Forget earnings. These days, stock prices hang on one thing: what President Trump says next. His words spark chaos, drive momentum, and overshadow everything else. After announcing ‘reciprocal tariffs’ on April 2, markets plunged for four straight days. Then, at 1:18 PM today, he took to social media to say he’s ‘substantially […]

The Trend Letter - Global stock markets suffered a steep crash today after President Donald Trump announced sweeping new tariffs, triggering one of the worst trading days in years. Major Index Losses Dow Jones Industrial Average plummeted 4%, shedding 1,680 points — its steepest single-day drop since 2020. S&P 500 sank 4.8%, approaching correction territory. Nasdaq Composite plunged 6%, […]

The Trend Letter - The S&P 500 closed higher for the second consecutive day, marking a positive turn after four weeks of negative results. The index rose 0.6% to 5,675.12, showing signs of recovery after entering correction territory last week. However, Tesla and Nvidia bucked the trend, with Tesla down 5.36% to $236.55 and Nvidia down 1.98% to $119.27. […]

The Trend Letter - On Wednesday, March 12, 2025, U.S. stock markets closed with mixed results. Tech stocks led the gains, with Tesla climbing 7.59%, Palantir rising 7.17%, and Nvidia advancing 6.42%. In contrast, consumer stocks lagged, as Target fell 4.86%, Procter & Gamble declined 2.74%, and Walmart edged down 2.56%. The S&P 500 and NASDAQ Composite saw a rebound, but until proven otherwise, […]

The Trend Letter - Following up on yesterday’s update, the S&P 500 closed lower again today, though the decline was far less severe than yesterday’s bloodbath.  Some of the Magnificent 7 stocks actually closed in the green today. The market downturn continues to be driven by escalating trade tensions between the United States and Canada. President Trump initially announced […]

The Trend Letter - Investors fearing that uranium mining in Greenland might depress market prices should consider several critical factors, including the current global supply shortfall, and an expanding supply-demand gap, Addressing Investor Concerns About Greenland’s Uranium Impact on Prices Current Uranium Market Dynamics The uranium market is grappling with a pronounced supply deficit. In 2024, production reached only […]

The Trend Letter - Here are two key charts to focus on this week. First, we examine the S&P 500 heat map, which highlights last week’s biggest losers—many of which were major tech stocks. Among them, Nvidia stood out as the biggest tech loser of the week. By now, the impact of DeepSeek on the AI modeling landscape is widely recognized. For […]