Whether this shakes the NASDAQ Composite and S&P 500 out of their current choppy ranges remains to be seen. That said, it has been the definitive Everything Else Index, the NYSE Composite, that has continued to chug higher, posting another new closing high on Thursday. As money has rotated away from tech, save for a handful of names in the semiconductor memory and equipment maker space, and into other areas of the market, the small-cap Russell 2000 has also continued to chug higher, posting a new all-time high on Friday.
That said, Trump's aggressive posture on Greenland is sending futures down Sunday evening, and it is unclear how this will play out for the market.
Gold and silver continue to rally on Sunday evening as COMEX Gold Futures post a new all-time high of $4,698.00 an ounce while COMEX Silver Futures print a new all-time high $94.365 an ounce on the Greenland Tariff news.
On Friday we again reported on precious metals miners, this time in response to pocket pivots early in the day in gold miner AngloGold-Ashanti (AU) and silver miners Avino Silver & Gold (ASM), Coeur Mining (CDE), Endeavour Silver (EXK), and First Majestic Silver (AG). All four silver miners posted new highs on Friday and are likely to move higher, along with the gold and silver miners in general, if the Sunday night price move in the precious metals holds up into Tuesday.
Names we have reported on over the past 2-3 weeks have continued to perform. Applied Digital Holdings (APLD) was reported on as a pocket pivot two weeks ago and it has continued to move higher. ASML Holdings (ASML) was reported on as a pocket pivot over two weeks ago and it has continued to make all-time highs since. Iren Ltd. (IREN) was reported on as a pocket pivot two weeks ago and it too has continued higher. Whether a market pullback given the latest Black Swan from Trump creates buyable opportunities in these names remains to be seen.
On Tuesday we reported on Advanced Micro Devices (AMD) as a pocket pivot set-up and it has since continued higher. Alibaba (BABA) was reported on as a buyable gap-up (BGU) on Monday and it has continued higher while another BGU in Taiwan Semiconductor (TSM), which we reported on Thursday, is stalling but remains actionable using the 337.92 BGU intraday low as a selling guide. On Wednesday we reported on a pocket pivot in Galaxy (GLXY) and it has streaked higher from there.
Palantir (PLTR) was reported on as a Short-Sale Set-Up on Wednesday and on Friday it posted an outside reversal at the 50-dma on Friday to trigger a clean short-sale entry at that time.
Wednesday we also reported on NRG Energy (NRG) as a potential short-sale entry at the 200-dma but it quickly stopped out as it move sharply through the 200-day line on Thursday on news. On Friday is broke right back to the downside on heavy selling volume setting up a short-sale entry at the 20-dema. If it 
The bottom line is that the Greenland Tariff news has thrown a monkey wrench into this market based on the action of Sunday futures and we can only wait to see how things play out once the markets fully open up on Tuesday morning.The Market Direction Model (MDM) remains on a BUY signal.