Earnings season rages on with a good amount of the large tech names having reported already. Fairly tame reaction overall, mixed bag with no hard signals that corporate profits are surging or lagging. Just a nice middle of the road quarter. There was a lot that happened this week between the fed, economic data, earnings, and the AI wildness with DeepSeek. The next week or so will likely be very tariff focused.

Gold at all time highs while the tariff saga plays out. There will likely continue to be some sharp currency moves and possibly some foreign stock big movers too. No hard plans in place for me, just getting ready for the environment we are stepping into. 

NVDA was a good example of relative weakness this morning. Initial flush, swipe back a bit above VWAP but below premarket highs, clear out and fade down and breaking the opening range lows. 11 AM capped the move to the downside and now it looks much strongger. May just be range bounce until next week.