3Xtraders : Dead Sectors, Empty Wallets, Deck The Halls Fa, la, la, la..!

Looks like market makers are waking up this morning with a really bad hangover, and Investors were seen quietly taking the tinsel back off the tree. Mood swings much?

Trading Day: Market gives Fed resounding cheer

This morning we're seeing a lousy jobs report help lift futures. Bad news is good news, because the more jobs are lost the more free money can be injected into a fragile "K shaped" economy.

I was looking forward to doing a deep dive into all the dead money sectors that are dragging on this mostly sideways zombie market, including but not limited to Energy, Healthcare, Transports, The zombie banking sector etc etc etc. continuing where we left off yesterday [link] but I'm afraid were only going to get to 1, or 2.

Powell's script: "We're in a good place to wait and see." He repeated that phrase at least five times, as if he were talking to a kindergarten class. But the market would have none of it. They hear what they want, and what they heard was a rosy 2026 outlook, and moments later crypto traders and silver bugs were seen high-fiving each-other like lottery winners. Wait, but I thought silver rocketed above $60 on supply disruptions?

More than one sector made new all time highs-but only crickets from the media.

(Go ahead, ask Grok which ones… he’ll tell you faster than CNBC ever will.)

Then without any warning: Oracle showed up with a lit match, and a can of gasoline (lousy earnings) and this morning's futures look like the Griswold Christmas tree, after the cat chewed the cord, and pine needles scorched into the living room carpet.

Cloud The Poster Child For the AI Mirage

Oracle Cloud growth slowed to only +28% while the Street was pricing in perpetual 50%? Ho ho, oh no, say it isn't so! $200b in CapEx and little or nothing to show for it

The $CLOU cloud ETF? Barely budged this year, pummeled by trade tariffs and jittery investors pulling back. Same for SKYY (a big cloud-stock fund): up just 2% through early December, while the Nasdaq soared 25%. All that AI cash? Not lifting the boat yet—it's a dud rocket."