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2024/02/26

Monday Takeaways: Red-Hot Momentum

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Monday Takeaways: Will the Red-Hot Momentum Hit a Snag?

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Shah Gilani

Shah Gilani
Chief Investment Strategist

Greetings from Ojai, California! I'm here for The Oxford Club's Annual Investment U Conference.

I hope to see some of you when things kick off tomorrow. Be sure to say hello.

But first... let's get into my Monday Takeaways.

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The markets again hit new highs last week... thanks in part to Nvidia's excellent earnings report. But there was also a very technical reason for the market's upward march.

I get into it in today's video.

There's a lot of hot momentum in the market... and things are looking, as I like to say, bubblicious. It's a bit too much... too fast. Here's where I think we're headed next.

Plus, I share my thoughts on what could happen with this week's core PCE numbers... and where the 10-year Treasury is headed.

It's all in my Monday Takeaways video.

Click here or on the image below to watch it.

Video - Monday Takeaways
 
WATCH THE VIDEO
(WITH TRANSCRIPT)

Cheers,

Shah

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