New Fed Chair Kevin Warsh delivered a hawkish message that rattled markets. Goldman Sachs slashed its gold forecast by $500 in response. Analysts note Warsh has no urgency to cut rates until December at the earliest. That shift is driving dollar strength and squeezing rate-sensitive plays. Options traders are already repositioning — hawkish rate signals are reshaping currency and equity bets across the board.
INTC jumped 11% after news of a potential Apple chip deal, though analysts warn the contract may start small. The move comes amid wider chip momentum, even as technical patterns flag possible near-term exhaustion. NVDA continues to carry near-daily options expiries stacked through September — a sign traders are treating every session as an event. Next week, MU Micron reports Q3 earnings on June 24. AI memory demand is the key watch point. Short interest sits at just 3.3% of free float.
WOLF short interest has hit 103% of free float — more shares shorted than exist in the free float. Availability has collapsed to zero. A squeeze setup is building. Separately, HIMS already burned bears this week, ripping 23% higher after earnings with SI at 28%.
Silver Lake filed over $671M in DELL sales. The Walton family trust filed $536M in WMT sales on June 16. APP CEO Arash Foroughi filed nearly $49M in sales. Analysts meanwhile trimmed targets on ACN and LULU, reflecting cooling conviction heading into summer.
In Europe, a French server company saw trading suspended after short-seller accusations triggered a stock collapse. ASML and Novo Nordisk were both flagged in Bloomberg's European market coverage, with global stocks ending a strong week on a cautious note as US-Iran nuclear talks were delayed.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
