Equal-weighted S&P500 (RSP) is at all time highs.
Market price action is actually quite healthy. Speculative nonsense has gotten destroyed, breadth has returned, dispersion good and market participants aggressively pricing in walls of worry.

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Original Author: He Hao, Wall Street Insights

On Thursday, US stocks plunged, with the Nasdaq falling over 2%. Some traders sold precious metals to offset losses in the stock market, causing gold, silver, copper, platinum, and palladium to decline sharply. The US dollar index rose slightly.

Amid renewed concerns about whether massive investments in artificial intelligence can truly be implemented on a large scale, US tech stocks declined. Metal prices suddenly fell due to suspected algorithmic trading selling, forcing some investors to exit commodity positions, including metals, to obtain liquidity, while some funds turned to US Treasury bonds for safety.

Spot gold fell as much as 4.1%, and silver plummeted 11...

Gold fell more than 4% at one point, and silver plummeted 11%, as a sharp drop in US stocks triggered a sell-off in algorithmically traded precious metals.

World Liberty Financial is targeting a share of the trillion-dollar global foreign exchange market, the world’s largest and most liquid financial sector.
The crypto venture associated with the Trump f...

Trump-backed World Liberty plans to launch World Swap forex platform

Author: The Economist
Compiled by: TechFlow TechFlow
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