Big news up top: after more than fifteen years, Tim Knight's Trading Charts is doubling to a full half-hour show starting Monday. In this Friday edition he sets the stage, then walks the tape after a genuinely weak jobs report, payrolls came in negative against expectations for a solid gain, and stocks rallied anyway on hopes it clears the path for rate cuts. His read: the market is ending the week on a bullish note and it's the bulls' to lose, with CPI on Wednesday as the next big test.
Tim also takes a victory lap on SpaceX, now within spitting distance of its IPO price after the unlock everyone feared, and thumbs through the final wave of big-cap earnings, from Microsoft, Amazon and Palantir ripping to Caterpillar and Meta looking heavier. He flags a caution on the precious metals bounce and a couple of fresh storage-name shorts. All positions and views are his own and this is not a recommendation.
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