Saxo Market Call

Talk of "melt-up" now competing with "bubble risk"

Talk of "melt-up" now competing with "bubble risk"

Yen gets binned as gold hits 4k and dispersion trade catches our eye.

One deal closer in the AI capex endgame

Japan gets its Iron Maggie, while France achieves new level of dysfunction

Retail frenzy while credit concerns fly under the radar

Market partying like it's late 2021, but one asset class is on tilt.

Will the shutdown of government shut down the bulls?

Dancing away from the brink into quarter end

Structural crude outlook update. Also: the equity market faces bigger hurdles now.

Consolidation-ville or correction-ville?

Markets finally dip as shutdown risk looms. Lithium on the brain...

Our AI basket and what does it mean to call something a bubble?

The paper company suddenly worth $20 billion.

As painfully contrarian as ever here on triple witching day.

Snappy FOMC takeaways versus seeing the forest for the trees

Final thoughts on FOMC as one critical market indicator flashes red

Is there any surprise scenario for tomorrow's FOMC?

Divergences continue to build - which way for the volatility breakout?

Pssst...Europe has AI stocks, too.

Putting together an AI Bubble Basket - who should be in or out?

Oracle rewarded for betting its capex farm on AI

Which AI story might crack this market's confidence?

Bigger Fed cut weighed. Oracle the next company to set the tone in AI.

Market complacent ahead of US jobs data. Is the US set to revalue its gold holdings?

Broadcom a key test for AI space, but big bad geopolitics still loom.

The 800 pound long bond gorilla remains in the room

Markets drop-kicked into September. What's going on?

NVDA handcuffed on OpEx. Three interesting names report next week.

Nvidia's earnings greeted with mild sell-off. What now?

Has market made up its mind no matter what Nvidia delivers tonight?

Europe on edge as the bad penny of French politics turns up again

Much ado about a modest Jackson Hole something

Is Nvidia dead to China?

Dip buyers celebrate, but market fragility now laid bare

Is Palantir's goose finally cooked?

Bond markets could pressurize this too quiet market.

Correction time again as big US retailers set to report?

The music has suddenly changed. It feels like a huge vibe shift.

After US CPI, small caps for the win, for a day at least.

Stagflation and mounting market divergences on the brain

Surf is up for the bulls for now, can US CPI spoil the fun?

Countdown to Mar-a-Lago accord just begun?

Something weird is brewing, but what?

And the next Fed Chair is...

The AI train keeps chugging. Challenging our own bearish case.

The cracks beginning to show as we are flying blind on state of US labor market.

What one Mag7 name giveth, another Mag7 name taketh away

Is Meta bad for humanity, even if earnings were as good as it gets?

Most dangerous market of all time?

Euro crushed and what does Visa tell us about US equity market valuations?