📊 Venezuela Operation Moves Capital

Good Morning Investors,

Geopolitical developments were a key catalyst. United States action tied to Venezuela pushed oil and defense related stocks higher, which filtered quickly into energy, mining, and defense oriented names.

The broader backdrop remains mixed. Tech strength continues to support technology adjacent names, but growing debate around valuation excess in artificial intelligence is keeping positioning selective.

Softer manufacturing data and Federal Reserve commentary pointing to cooling labor conditions underline how sensitive these stocks remain to shifts in rates and growth expectations. Momentum currently favors energy, mining, and defense exposure, but volatility is likely to stay elevated.

Matthias Schneider
Editor at Analytica Investor