The View from 5th Avenue

The View from 5th Avenue – 28 August 2025

Is it the weekend yet?? Labor Day vibes are starting to gain hold across the street as volumes on the S&P started to dry up, down 16% compared to the 20d average. Even yesterday’s highly anticipated Nvidia (-0.8%) print wasn’t enough to keep investors in their office chairs and not in their beach chairs. But that didn’t stop the S&P 500 for making ANOTHER all-time high closing above 6500, despite a slight disappointment in Nvidia earnings. Momentum trade is still very much a life as dips contin…

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