U.S. Stock Market News Today: Mixed Messages

Good morning, this is Jeffrey Cohen from US Advanced Computing Infrastructure Inc.

Inflation came in lower than the trend, and this is lowering U.S. Treasury Yields. This is also supporting small capitalization stocks, with the Russell 2000 futures in pre-market up significantly.

We see this recently when shopping at Menards, where ToughBuilt Industries Inc. products have hit the shelves at lower prices.

The European Union is taking an action similar to the United States and adding very large and significant tariffs on the importation of electric vehicles (EVs) that were manufactured in China. This is targeting Chinese companies that purchased European car brands and are now importing those cars under those European name plates, domestic brands that manufacture offshore, and other Chinese brands. We believe this is bad for consumers of electric vehicles (raises prices) and signals a coordinated NATO trade action against China. This runs counter to global economic and military stability.

Our Chicago Quantum Net Score (CQNS) model is flashing some interesting signals.

1. We see the typical names of smaller capitalization growth companies, real-estate related stocks, financing companies, and specialty retailers at the top of the list of LONG stocks.

2. We see the typical volatile names that we have been seeing for the past few months in the SHORT list, and new ‘contestants’ are focused in the biotechnology…