Schwab Network (ex‑TD Ameritrade Network)

Monday's Final Takeaways: Gold & AI Memory Chips Left Out of Market Rally

The video recaps Monday’s market action, focusing on gold’s volatile bounce after an 8% flash crash and the rally in travel‑related equities. Gold steadied near $4,400, still 17% below its January peak, while airline and cruise stocks jumped 4‑9% as crude slipped below $90 a barrel, easing fuel‑cost pressures. Micron’s earnings, though strong, sparked a pullback in AI memory‑chip names due to capex and capacity concerns, and the South Korean ETF rose over 6% despite a recent trading halt and broader weakness. Host Marley Kayden described the gold sell‑off as “one of the worst weekly drops since the 1980s,” noting fuel accounts for 20‑30% of airline costs. Micron warned of an energy‑shock impact on Asian production, and analysts expect KB Homes to report a 21% earnings decline, highlighting housing‑market stress. These mixed signals suggest a shift from safe‑haven gold to cyclical sectors, while upcoming KB Homes results and global PMI releases will test housing demand and broader business sentiment amid geopolitical uncertainty.