February 6, 2026

Dow 50k, The Upside-Down AI Trade, and When Will Bitcoin Bottom 2/6/26

The Dow soars more than 1,000 points, getting within striking distance of 50,000. With Amazon, Meta, and Microsoft lower on capex concerns, but the rest of the Mag 7, chips, and even software rallying after a rough week, we make sense of what's next in the AI trade. Plus, bitcoin climbs back above $70k, but Jefferies sees few bullish indicators when it comes to finding a crypto bottom.

Also available on Apple Podcasts ↗