Episode 65: The Nasdaq 100 Danger Zone? With Katie Stockton

Equity markets face a critical inflection point as major indices undergo choppy consolidation, with Katie Stockton of Fairlead Strategies noting that a technical breakdown in tech stocks and AI-related trades appears more likely than a breakout. While mega-caps provide temporary support, the loss of momentum in semiconductors signals significant downside risk. Crude oil exhibits a meaningful recovery, establishing higher lows that suggest a more elevated price environment despite persistent geopolitical risks. Gold remains at a precarious juncture, struggling to maintain support levels as momentum wanes and the dollar index breaks out of its long-standing trading range. Investors should exercise caution, limiting new long positions to sectors showing strong technical catalysts, such as healthcare or industrials, while monitoring the broader market for signs of a deeper correction as consumers face inflationary pressures from rising energy costs.