Cross-asset markets · One cockpit
Markets, decoded while they're moving.
Stocks, energy, metals, crypto, FX — color-coded signals and a tape that updates as fast as the data does. No terminal, no Bloomberg seat, no $30K data feed.
Today, 9:34 ET
Risk-on open. Tech leads, energy lags, gold steady.
S&P 500 +0.78% with breadth strong at 2:1. Ten-year yields flat at 4.18%. The dollar is giving back yesterday's bid. Below: heatmap, tape, and what our desk is watching into the close.
Live tape · Today
Sector heatmap
Latest
WTI Crude at $86.48: Why Energy Stocks Are Diverging as Markets Shrug Off Iran Sanctions
Crude is the barometer, but the equity reaction is more interesting. Integrateds are flat while refiners rally.
FOMC Minutes Signal a Patient Fed, but the Bond Market Read It Differently
The two-year barely moved. The ten-year fell four basis points. The curve said what the statement would not.
NVDA Earnings: The Beat Is Priced In, the Guide Is Not
Consensus has caught up. What matters is the data-center growth rate for the back half.
Economic Calendar
CPI, FOMC, NFP, PCE. Color-coded by impact.
Earnings Calendar
This week's reports. Filter by sector.
My Watchlist
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Editor's note
Focstone is the only place I check before the open — and the only one I read at the close.
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Stock in Plain English
Three names you should understand before you buy anything else.
iPhone maker. Sells 200M phones a year. Most cash on earth (~$160B). Trades at 28× earnings. S&P 500 average: 22×.
Why people watch: every iPhone launch moves the stock. Also AI exposure through chips.
Designs GPUs. Sells them to data centers running AI. Revenue grew 9× in 4 years. Now 70% of the AI trade on the S&P 500.
Why people watch: earnings are the AI canary. A beat = the whole market pops.
Digital money, 21M cap. Trades 24/7. Heavily correlated with Nasdaq risk-on / risk-off since 2023.
Why people watch: ETF inflows are now the main price driver, not exchanges.
Earnings This Week
Full calendar →🔥 moves the market · ⭐ worth watching · 💤 skim only · AMC = after market close