Stock Market This Week: AI Trade, CoreWeave, & Tokenization
It’s the weekend so relax, put your feet up, and watch a recap of our PreMarket Prep guests who joined us on the show this week with opinions, trade ideas and market commentary.
We have another full slate of guests joining us next week from Monday, so don’t forget to tune into PreMarket Prep live every morning from 8 am ET on YouTube and X.
Is the AI trade running out of steam?
Joining us on Monday was Tim Quast, Founder/CEO of ModernIR and Market Structure EDGE who breaks down the supply and demand data behind Nvidia, Micron, Dell, SpaceX, Verizon, AT&T, Oracle, Constellation Energy and more.
Tim explains how his quantitative model tracks demand, supply and short volume to spot momentum, breakdowns and rotation before they hit the price. He covers why his model portfolio just sold Micron and bought SpaceX, how quarterly rebalance flows boosted Nvidia and then faded, why money is moving into utilities, and how Verizon and AT&T showed warning signs before getting hammered on the SpaceX news.
The rotation out of tech is real but short-lived
On Tuesday Jonathan Corpina, Senior Managing Partner at Meridian Equity Partners and Equity Trader at the NYSE also joined us.
He’s worried that the $VIX is too low for the risks on the table, and he expects the Fed to pause rather than hike before the midterms.
Why oil and diesel prices may stay high
Blu Putnam, Chief Economist at Stock Trader Network joined us on Wednesday morning to react live to the latest, hotter-than-expected inflation report, and breaks down what it means for the Fed, rate hikes, small caps, bonds, semiconductors, oil, and gold.
Is the AI trade over, or is this a healthy pullback?
Stephanie Link, Chief Strategist at Hightower Advisors joined the PreMarket Prep team on Thursday to break down the AI stock sell-off, hot inflation data, bank earnings, and her top stock picks.
After SK Hynix’s sharp drop and Nvidia and Micron’s decline, Stephanie Link explains why she’s still buying selectively: Micron at 5x earnings, Nvidia, Broadcom, and Meta, and why she’s avoiding debt-heavy AI names like Oracle and CoreWeave.
Is the crypto bear market over?
To close out the week Louis Sykes, All Star Charts joined the PreMarket Prep team to break down why he thinks the worst is behind us for Bitcoin, and why tokenization could be the biggest back-office overhaul in Wall Street in 50 years.
