Sunday Pemex and Power Trade
By Paul Sankey
Published on February 2, 2025 at 3:19 PM
Way hey, That was a week. Deepseek to Tariffs. And plenty of results. Here’s the S&P500 and Nasdaq year to date. Source: Bloomberg, Sankey Research Pinball. Tape bombs. Regarding the January Barometer, (January sets the direction for the market’s year) we closed January up 3.2% in the S&P500 and 1.9% on the NASDAQ even after a -1.5% drop in the latter this past week post-Deepseek. Harry Hindsight is the best trader in the market. Briefly …