The overnight repo rate is climbing as the use of the Fed’s Standing Repo Facility is increasing, and treasury bill issuance is ballooning.

The decline happened after the Palantir and AMD earnings

Even outside of the AI craze, valuations of the megacaps have been inflated to the extreme in large part by the shift to passive investing.

Headwinds have created a rather obvious downwards trajectory for WTI Crude Oil over the mid and long-term.

This earnings season is mixed but there are still some decent post-earnings bullish setups forming, especially after Friday’s short covering bounce back.