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Making its debut on 06/16/2006, smart beta exchange traded fund WisdomTree Japan Hedged Equity ETF (DXJ) provides investors broad exposure to the Asia-Pacific (Developed) ETFs category of the market.

Gold hit a fresh record at $4049 today and is trading at $4039, up $56 on the day. It blew right through $4000 today in a very impressive move. Yesterday’s shallow dip was bought aggressively in a sign that many are waiting on the sideline and looking to get in.

Here is a chart from TD Cowen showing why. It highlights that gold holdings in ETFs aren’t particularly high. People piled in briefly post-covid but that money came out in 2024 and has only started to go back in. That’s a sign that retail isn’t yet loaded up on gold, which is the kind of thing that will happen at the top.

This article was written by Adam Button at investinglive.com.

Cocoa futures extended losses this week after moving sharply lower.

The USDCAD entered the new trading day confined to an unusually tight 30-pip trading range, dating back to the start of Friday’s session. Such a narrow band rarely lasts long, and it puts traders on alert for an eventual breakout with momentum. Overnight, in the late Asian Pacific and early European sessions, buyers attempted to force the issue to the upside, briefly pushing above 1.39685. However, the rally quickly fizzled, stalling at 1.3971 before reversing lower.

That failure opened the door for sellers, who took control by driving the pair back beneath both the 200-day moving average and the 100-hour moving average, converging near 1.3956. The move extended to the bottom of the range at 1.39388, and even slipped fractionally below during the current hourly bar. Still, much like the earlier upside attempt, momentum failed to materialize in full. Sellers are pressing their advantage, but the market has yet to deliver the decisive follow-through they need.

What’s clear is that such a tight range will not persist indefinitely. History shows currency pairs cannot sit in a 30-pip box for long—eventually, something has to give. Whether the break comes to the upside or the downside, traders should be prepared. When momentum finally appears, the move is likely to be sharp, and those positioned correctly will have the chance to capture meaningful extension beyond this period of consolidation.

Anticipate the future. The consolidated price action sets that trade idea up.

This article was written by Greg Michalowski at investinglive.com.

Nvidia CEO Jensen Huang came to Oracle’s defense, and the move in Oklo makes little sense.

Nvidia CEO Jensen Huang is on CNBC at the moment and he was asked about investing in startups and where he would like to invest. He repeatedly talked about Cursor, which is an AI-powered code editor and development tool that he says everyone at Nvidia is using.

More generally, he was asked about four areas he was looking to invest in, which is another way of highlighting where he thinks AI is going to succeed. He mentioned:

• Enterprise AI
• Robotics (mentioned F
• Self-driving cars
• Diagnosis (mentioned Open Evidence)

Enterprise AI means integrating AI into the core systems of a business like finance, logistics, HR and customer service.

This was another revealing quote:

“AI is energy, it’s chips, it’s infrastructure, it’s AI models and it’s AI application,” he said, noting that all those areas are growing.

In terms of risks, he said that the US isn’t very far ahead of China at all, noting that China is well-ahead of the US on energy. In terms of models, he noted that Chinese open-source models are ahead of the US.

This article was written by Adam Button at investinglive.com.