This article provides an early-week update on the highly volatile and under-pressure semi-conductor sector, as well as the Mag 7 stocks with AAPL, AMZN, META and MSFT reporting earnings this week. It also looks at SpaceX (SPCX), which is well below its IPO price and falling like a stone.
Stocks and bonds diverged last week, as volatility kicked into high gear especially around semi-conductor stocks. Yields came in across the curve as long term inflation expectations subsided. Gold and Bitcoin lost ground, and the US Dollar continued to grind higher.
