One Tweet Away From...

We're escalating with Canada now.

Good Morning:

Let’s keep it simple today. We’re red this morning, and oil prices are ticking higher…

It’s all about trade and tariffs. And that’s giving us a little pressure…

Futures are red this morning.

After 54 straight days of green momentum, it’s starting to look a little hazy...

The S&P starts at +3 with ten names still breaking out and seven now breaking down. NASDAQ opens at -4 with no breakouts and four breakdowns.

The Russell sits at +10, but even there, 10 names are rolling over.

Tesla, Nvidia, and the rest of the Mags are leaning lower.

The Roundhill Magnificent-7 ETF (MAGS) is chopping on its MACD.

We’re watching for RSI and MFI to soften. FNGD, our real-time fear gauge, is up 1.5% overnight. It's still under its 20-day.

The last time it got close was June 23.

Since then, markets have powered higher on ample liquidity and surging momentum.

So far this morning, we’re seeing moves into safety.

Gold, silver, platinum, and palladium are all green. Copper’s the outlier, down 1.8% a…