Manage episode 519420687 series 3645668
Kevin Green and Diane King Hall examine the overnight equity weakness continuing Thursday's sell-off. From stocks to gold to the U.S. dollar, KG provides a broader glimpse at the potential catalysts for this recent selling. On A.I. tech stocks, KG cites Michael Burry's recent position on the refresh cycles for Nvidia (NVDA) technology as a possible factor in its pullback. KG adds that credit default swaps in A.I. names are rising on increased institutional trading. Meanwhile, Applied Materials (AMAT) is down after earnings, but KG points to a positive in its DRAM/Memory segment. Later, Diane and KG discuss the fall in crypto assets including Bitcoin (/BTC) dropping below $95k. For the S&P 500 (SPX), KG's watching 6760 to the upside and 6600 to the downside.
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