Bond markets are under pressure. The 30-year Treasury yield is rising. US Treasury Secretary Bessent moved to boost long-term debt buybacks, but investors called it a "band-aid on a bullet hole." Japanese inflation is also climbing. The Bank of Japan faces growing pressure to raise rates in September as the yen weakens. Grain prices are spiking too, driven by Ukraine war disruptions. A global food price shock is now a real concern among analysts.
NVDA reports Wednesday after the close. With a $5.2 trillion market cap, it is the single most important print of the season. AI chip demand will set the tone for tech. CRM, INTU, MRVL, and SNPS also report this week. Canadian banks RY and release Q3 figures Thursday.
Options bear pressure is concentrated in semiconductors. MU leads negative bets. AMD and META follow. Short interest in RDDT jumped 4.1 percentage points this week to 17.6% of free float. CHTR hit 32.4%. Meanwhile, bullish options flow is rotating into industrials and staples. Parker-Hannifin and Colgate-Palmolive both registered 100% positive options scores.
LMT and CRWD both received positive analyst calls Friday. Defense and cybersecurity remain in favour. On the smart money side, Bill Gates filed $145M in purchases of RSG this week — a deliberate bet on waste management. On the other side, Chime Financial's VC backer DST Global filed $157M+ in sales just days after the CHYM IPO.
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.
