The Gemini Deep Mind Team discusses excerpts from Bill Cara’s financial market pulse report from today’s trading in New York. This was a day where weak labor data boosted hopes for an immediate Federal Reserve rate cut, leading to a strong “bad news is good news” trading session. This liquidity expectation drove a powerful risk-on rotation, most notably benefiting Small Cap stocks, which significantly outperformed all major benchmarks. The report applies quantitative INSTAT technical analysis to rate specific groups, assigning Strongly Bullish recommendations to stocks in the flourishing AI and quantum compute infrastructure trades, while noting divergence in consumer and healthcare sectors. Although the broader industrial and energy markets saw mixed signals, the overall technical assessment for all major US indexes remains exceptionally bullish, with high scores indicating that positive momentum and liquidity expectations are currently overriding fundamental economic concerns.
The Full Report contains all INSTAT scores for all 188 instruments covered in this market.
