Risk: They're Conspiring Against The Markets

The Commitment of Traders Report shows a big divide in sentiment.

Markets are treading water this morning as investors grapple with ASML's surprise early earnings release, which is sending ripples through the tech sector. 

The chip equipment giant's slashed forecast casts a shadow over the AI-driven rally that's propelled stocks to record highs. Meanwhile, weakness in crude and gold's sharp climb toward fresh highs paints a complex picture of global economic health and geopolitical tensions. 

With earnings season ramping up, all eyes are on corporate America's navigation of this shifting landscape of tech uncertainties, commodity swings, and persistent inflation concerns.

Insider Buying: 

• A small improvement in buying on the 5-day moving average

• The Big purchase: $5.4m of Lions Gate Entertainment (LGF) by Steve Mnuchin (10% Owner)

Market outlook:

• Futures pointing to a flat open as markets recover from tech rout

• The oil market is facing potential oversupply due to slowing demand growth and increased production

• UK inflation drops to 1.7%, below BOE's 2% target…