Gold Hits Historic Highs: Gold surged to $5,100/oz amid geopolitical tensions involving Iran, forcing Wall Street bears to reverse course while retail investors maintain their bullish stance. This dramatic move suggests investors are seeking safe havens despite broader market strength.
Analyst Upgrades Signal Confidence: AMD and Super Micro Computer both received analyst upgrades, suggesting institutional confidence in the semiconductor recovery story. These upgrades come as the sector shows signs of stabilizing after recent volatility.
Defensive Positioning Emerges: The combination of record gold prices and geopolitical tensions suggests smart money is hedging risk even as growth sectors perform well. Consider balancing growth exposure with defensive assets in current conditions.