What one Mag7 name giveth, another Mag7 name taketh away

Link to today's slide deck.    -

Today, a look at a very unusual and very climactic third consecutive outside day on the Nasdaq 100 index, as the intraday rally tested all time new highs before selling started that accelerated on Amazon.com's earnings after the close. Also, a look at Europe struggling mightily today and some of the mighty that have fallen of late. Huge focus today as well on the US July jobs report and how it will impact the US dollar, as well as a preview of critical names reporting earnings next week. This and more on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy. 

Links discussed on the podcast can be found on the John J. Hardy substack (with a one or two hour delay from the time of the podcast release).

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