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January's Fireworks Finale - Metals Melt Down, MAGS Are Mixed Up And Tesla Pivots [Seeking Alpha]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Gold and silver melted down shortly after the news of President Trump's nominee for Fed Governor, Kevin Warsh. The size and speed of the violent correction were more of a function of market positioning. Last week, I said I was waiting for the market to tell us its bias through its response to the Microsoft and Meta earnings. It was very clearly a split decision, and the market's response was equally mixed. Bychykhin_Olexandr/iStock via Getty Images By Geoff Bysshe Last week ended with the fireworks of: Precious metals melting down. Three Mag 7 earnings reports: Microsoft ( MSFT ) fell, Meta ( META ) flew, and Tesla ( TSLA ) pivoted. A new Fed Chair nomination. President This article was written by Quick Insights Warsh's hawkish stance on quantitative tightening and inflation triggered a sharp liquidation in gold and silver, exposing overextended speculative positions and likely reducing short-term demand. META delivered strong AI-driven ad monetization and cre
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