Non-Farm Payrolls Preview: Gold Prices Stall at the 4,300 Mark—Will Employment Data Add Fuel to the Fire or Pull the Rug Out?
While global investors remain immersed in the euphoria of U.S. equities repeatedly hitting new highs, a subtle signal has quietly emerged—spot gold prices briefly touched the key psychological level of USD 4,300 per ounce during Wednesday’s (August 5) trading session, marking the first time since June 18. However, gold prices retreated slightly to around USD 4,240 on Thursday (August 6). On Friday (August 7), during Asian trading hours, spot gold fluctuated with a marginal increase and is currently trading near USD 4,260 per ounce. Market participants are closely watching the U.S. nonfarm payrolls report for July, scheduled for release at 8:30 a.m. Eastern Time this Friday (August 7).
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The S&P has hit a new high—how can the Nasdaq keep up? The answer may lie in short-covering.
The S&P 500 has been hitting new highs amid short-covering pressure, while an even more intense short squeeze in the Nasdaq is poised to unfold. The massive volume of latent short positions within it, once triggered to stop out, combined with FOMO-driven buying from sidelined capital, will inevitably fuel a powerful rally toward the top. Yet beneath this euphoria, undercurrents are swirling—lingering inflation concerns remain unresolved, and investors should beware that this surge could turn into an alluring 'bull trap.'
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Goldman Sachs: The market remains in the 'post-deleveraging wreckage,' but risks have not yet been fully cleared; active protective positions are recommended.
Goldman Sachs' trading desk warned that although market deleveraging is nearing its end, institutional leverage remains elevated, and substantive risk reduction has yet to be achieved. In August, U.S. equities face multiple headwinds, including capital outflows and asymmetric selling by CTAs, leading to range-bound volatility in the near term, with corporate buybacks serving as the most reliable support. With extreme risks—such as a sharp rise in cross-asset correlations—intensifying, the current environment presents an optimal window to proactively establish protective positions (e.g., put options).
Citi Warns: Fed Rate Hike Alert Triggered; Small-Cap Stocks Could Be Hardest Hit
The probability of a Federal Reserve rate hike has surged sharply, as incoming Chair Waller's hawkish stance has put markets on edge. Citi's strategy team warned that with the Fed reducing forward guidance and placing greater emphasis on data dependence, small-cap stocks have become vulnerable targets.
The Federal Reserve is deeply divided: Is AI a threat to inflation or its savior?
The Federal Reserve is caught in a dilemma over AI-driven inflation, with Waller facing sharp internal divisions: AI infrastructure is pushing up electricity prices and costs, while the long-term productivity outlook remains uncertain. Compounded by rising oil prices due to Middle East conflicts, U.S. equities are approaching a critical inflection point.
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Tokenized stocks are poised for takeoff, yet traditional market infrastructure faces severe challenges.
Tokenized stocks enter the live trading era: infrastructure lags behind, and fragmentation risks are quietly emerging.
U.S. Market Close | Renewed rate hike expectations weighed on major indices, sending all three lower; NVIDIA led the Magnificent 7 with a strong 2% gain; Super Micro Computer surged 20%; software stocks lagged, with Palantir falling over 6%; oil prices cl
All three major U.S. equity indices closed lower under pressure, with the Russell 2000 Index down 0.92% to close at 2,959.938 points. NVIDIA rose 2.30%, while Meta declined 2.58%. Taiwan Semiconductor ADRs fell 0.82%, and AMD gained 1.45%. The U.S. dollar traded sideways overall, and the Japanese yen remained around 163.15. Spot gold briefly reclaimed the $4,150 level during the session and ended the day up 1.3% at $4,131.42 per ounce.
Lazard: U.S. small-cap stocks demonstrate solid fundamentals, presenting significant and overlooked investment opportunities.
The long-term stable returns of U.S. small-cap stocks are being obscured by the extreme concentration in large-cap technology stocks, presenting a significant and overlooked investment opportunity.
These 7 Small Caps Are on Fire as the Second Half Begins: Here's Why
Short positions in U.S. equities have surged to a record high, as the 'wall of fear' facing the bull market grows ever taller.
As risks associated with artificial intelligence intensify, short-selling activity in U.S. equities has reached a record high.
Staying Invested When Volatility Strikes
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Express News | U.S. small- and mid-cap stocks up 20% year-to-date, but analysts warn of bubble risks due to 'non-earnings-driven' gains