
The yield for the 10-year Treasury note rose over 5% for the first time since 2007 early Tuesday... we'll discuss why traders and investors should care - or not care - about this threshold. Was Monday's concern about the AI trade and AI safety overdone? Was this public concern intentional or coordinated? Several tech execs seemed to suggest this was the case - one of them being NVDA's Jensen Huang. Names like SNDK, NBIS and ORCL were hammered on Monday. Cybersecurity stocks like PANW, FTNT and CRWD led the software trade sharply higher. Mark Zuckerberg said we actually need to be speeding up AI development - and bulls rewarded META shares, the stock up 2%.Elsewhere, CRM's Dreamforce event begins Tuesday and the CLARITY Act will face a Senate vote Tuesday afternoon. The Federal Reserve will likely raise interest rates 25 bps on Wednesday at 2pm. This week ends with a triple witch expiration on Friday. Our special guest, at 8:35am EDT, will be JR Romero of T3 Live. Joel, Dennis and Brent welcome you as they host PreMarket Prep's 3,623rd episode! Live every trading day since 2013. Get prepped and ready for each trading day with the industry originators of pre-market preparation. Find all the real news traders need to know about - and none of the news the mainstream media is pretending is moving the markets today. The PMP guys don't just highlight the important news, they dive in, analyze and give the real takes on what matters around Wall Street. Get charts, high-quality execution, and a sophisticated trading platform with TradeStation: https://premarketprep.com/tradestationCheck out our new live STN Newsfeed (beta) here: https://stocktradernetwork.com/newsfeedJoin the Stock Trader Network (STN) https://stocktradernetwork.com and trade with Dennis, Joel and others!Listen on Spotify: https://open.spotify.com/show/0lAwCUrMfzt5hdGKhNnlfHListen on Apple Podcasts: https://podcasts.apple.com/ca/podcast/premarket-prep/id1778050138Disclaimer: the views, thoughts, and opinions expressed in this content are not investment advice and are for informational purposes only.
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