Good morning Market Masters,
We go LIVE at 8:45 AM EST. Be there.
This is shaping up to be one of the busiest trading days we’ve had in weeks. The market is throwing curveballs from every direction — and where there’s chaos, there’s opportunity.
Here’s what we’re breaking down on today’s show:
Futures are green — but is it real?
Nasdaq futures up 0.58% after the worst 3-day slide since April. Tech names like NVDA (+3.2%) and MSFT (+2%) are bouncing pre-market. The question is whether this is a dead cat bounce or the start of a real recovery. We’ll talk about levels and setups.
Amazon is getting destroyed.
Down 11% after hours on a $200 billion capex bomb.
Its EPS missed. And Q1 guidance came in light.
The street is spooked by AI spending that’s $54 billion above expectations.
This is going to move the entire market at the open… we need to be ready.
Bitcoin crashed 16% overnight
We briefly broke below $61,000. It’s clawing back toward $66,000 right now. If you trade crypto, you cannot afford to miss this session.
Goldman is calling the bottom on software.
IGV is down 29% from September highs…
That’s the worst weekly decline since 2008. But Goldman says positioning is flushed, institutional buyers are stepping in, and hedges are being monetized.
We’ll walk through their case and whether it’s time to start nibbling.
US-Iran nuclear talks are live in Oman.
If these break down, oil spikes.
If they make progress, risk-on. Either way, energy traders need to be watching.
There is a LOT to trade today. I want you in the room with me.
See you in there,
Garrett Baldwin