The AI Trade is Unwinding and Bonds are Soaring. Is This the Turn?

Tech stocks led a selloff as bonds surged and the US dollar failed to find a haven bid. Even gold and silver were swept up. Are the markets’ favorite trades going into reverse? tastylive's Head of Global Macro Ilya Spivak looks at price signals in stocks, bonds, crude oil, gold, and the US dollar to decipher what the markets may do next. 00:00 AI Stocks Crash as the Market's Biggest Trades Reverse 01:15 S&P 500 Erases Its Recovery as Nasdaq Breaks Support 02:40 Russell 2000 Holds Up Better Than Big Tech 03:40 Bond Prices Surge as Investors Abandon the AI Trade 05:00 Dollar Fails to Rally Despite the Stock Market Selloff 06:30 Euro Defies Historic European Debt Market Stress 08:00 Gold and Silver Plunge Despite Falling Bond Yields 09:20 Is the AI Selloff Spreading Across Financial Markets? 10:35 Big Tech Drags Down Stocks Despite Broader Market Gains 12:00 Strong Earnings Fail to Impress Wall Street 13:30 Why Positive Earnings Surprises Are No Longer Enough 15:00 Fed Rate Hike Expectations Fall as Growth Fears Rise 16:20 Slowing GDP Growth and PMI Data Become the Next Test 17:40 Why Lower Interest Rates May Not Save Stocks 18:30 Positioning: Short Gold, Silver & Stocks; Long Bonds 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom Preston's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow #options #trading #investing #finance #stocks #stockmarket #marketanalysis #tradereducation #financialeducation #tastylive tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.