Spotting Parabolic Moves: Warsh Fed Update & SpaceX IPO

A hot corner of the market just went parabolic, and in this update, we show you how to spot these moves and why they matter for your money. Semiconductor and memory chip stocks like Micron have rocketed higher on AI demand, with Micron running from $100 to $1,200 in just over a year. We walk through what "parabolic" actually means, compare it to past manias in silver, Bitcoin, and 1990s tech stocks, and explain why moves like this often end badly for the people who chase them at the top. We also check in on the highly anticipated SpaceX IPO, analyzing its recent 30% pullback through the lens of historical first-year IPO drawdowns to demonstrate why caution is required with high-valuation listings. Next, we look at newly appointed Fed Chair Kevin Warsh’s first policy meeting, shifting oil prices, and the U.S. Dollar reaching a one-year high. Finally, we look at the resilient health of the U.S. consumer and a surge in small business applications.

https://www.youtube.com/watch?v=nbco4Jgqk4E