Market Highlights
1. Nasdaq Hits Record High Led by Mega-Cap & AI Hardware
Big tech and AI hardware pushed the Nasdaq up 3.9%, with the S&P 500 gaining 2.4% this week. Apple posted its best weekly gain in five years. However, ETF performance was uneven, signaling narrow leadership.
Investors.com
2. CPI Data Looms — Fed & Rally on Edge
With markets near record highs, investors are wary of upcoming inflation data. A hot CPI could stall the rally and delay anticipated rate cuts.
MarketWatch+2Reuters+2
3. Warning Signs: S&P May See 5% Pullback
Technical strategist Jonathan Krinsky expects a possible 5% drop in the S&P 500, citing potential weakness in consumer and semiconductor sectors ahead of seasonal earnings.
Business Insider
4. U.S.–China Tariff Truce Expires — Geopolitical Risks Resurface
The tariff truce with China expires this week, with new tariffs taking effect—raising risks for global trade and markets.
Financial Times
5. Market Resilience Despite Tariffs and Weakening Jobs
Despite tariff threats and soft labor data, markets remain buoyed by strong corporate profits and AI optimism. Still, geopolitical unpredictability looms.
TIME
Trader Psychology & Improvement Tips
6. Trade with Structural Edge, Not Emotion
With uncertainty rising, rely on frameworks—not hype—to guide trading decisions.
https://theperceptivetrader.substack.com/p/mastering-emotions-a-traders-true
7. Watch for Panic Season
Some analysts estimate a 10% chance of a major market move from August to October—stay ready.
fortune.com
8. Keep Risk Tight as Momentum Narrows
ETF flows are concentrating. Reduce exposure and size positions smartly during narrow rallies.
9. Automate Where Possible, Reflect Always
Use journaling and review routines to mitigate emotional trades under elevated volatility.
10. Time-Based Entries Work — Especially Now
With geopolitical and economic triggers in play, use macro timing tools (like time clusters) to enhance trade precision.
economictimes.indiatimes.com
If your a new trader! Check out my Guide to the Charting Platforms! This will go into detail the key differences between all of them.
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About the Author
Kunal Desai is the founder of Bulls on Wall Street and a veteran trader with over 20 years of experience. He has helped thousands of traders develop technical skills and discipline using both free and premium tools.
