The View from 5th Avenue – 25 February 2025

Posted 25 February 2025 The View From Fifth Avenue

I.See.Red, as US equities behaved in a very risk off / de-grossing manner for most of today’s trading session. Main averages ended mixed to down as the globe gears up for Nvidia earnings post market tomorrow which can take us either way. Regarding the de risk mannerisms, there are signs that continue to emerge and/or crystalize which further the narrative. 1) Rotation towards more defensive/cyclical stocks, 2) Short term downside risk to SPX as it continues to trade sideways, 3) US Momentum Ind…

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