This Week in Markets: AI Winners, Software Losers & Huge Moves in Silver

This week delivered one of the most fascinating divergences we’ve seen all year:MongoDB (MDB) exploded nearly 24% on strong cloud demand while Snowflake (SNOW) and the cybersecurity sector showed clear signs of spending slowdown.

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Meanwhile, equity indices posted mild gains despite mixed macro signals, a shaky labor outlook, and rising yields. Commodities delivered their own drama — especially silver, which jumped over 9%.

Let’s break it all down.

📊 Market Recap — Divergence Everywhere

Dow Jones (DJI)

A rough start to the week but finished green.

Federal Reserve Outlook

The market now prices 90% probability of a rate cut in December, but uncertainty remains for January. Rising 10-year yields reveal skepticism about continuous easing.

Fear & Greed Index:

Currently 40 – Fear, but trending toward neutral — suggesting a potential Santa Claus rally.

Weekly Index Performance:

* S&P 500 (SPX): +0.7%

* NASDAQ (IXIC): +1.51% (best of the week)

* Dow Jones (DJI): +1.1%

* Russell 2000 (IWM): +1.1% (strong midweek, faded Friday)

Volatility (VIX):

Pulled back hard into Friday — calming markets.

U.S. Dollar (DXY):

Rejected $100, now at 98, down 0.5%.

🛢 Commodities: Energy Weak, Silver Explodes

Oil (WTI):

Dipped early week on supply/demand worries, then rebounded to $60.13 per barrel.

Natural Gas:

A monster Friday spike to $5.39, up 8.6% on the day.

Gold:

Flat → slightly positive at +0.95%

Silver:

The star of the week, up 9.22% — with more analysis coming Monday.

Copper:

Steadily grinding upward, reflecting future demand for AI data centers & grid expansion.

₿ Crypto Weakness Continues

Bitcoin (BTC): –0.04%

Ethereum (ETH): –0.47%

Both attempted reversals midweek but failed to break trend.

🏆 Biggest Winners & Losers of the Week

🥇 MongoDB (MDB): +23.94%

Huge earnings beat, strong Atlas adoption, clear operating leverage.

🥇 Dollar General (DG): +22%

Massive sentiment turnaround, strong guidance.

🥀 SolarEdge (SEDG): –19.2%

Continued pain from high rates & inventory glut — caution advised.

📈 Sector Performance

Friday:

* Communication Services (META-led): +0.87%

* Technology: +0.4%

* Utilities & Energy: sharply down

Weekly:

* Technology: +1.55%

* Communication Services: +0.895%

* Healthcare: Weak

* Utilities: Heavy selling pressure

Monthly Leader: Basic Materials +7% — silver & copper strength showing.

💼 Earnings Breakdown (All 6 Major Reports)

1️⃣ MongoDB (MDB)

* Revenue: $628M (+18%)

* EPS: $1.32 (beat vs $0.79 expected)

* Gross Margin: 79%

* Q4 Guidance: 16% growth midpoint

* Strong Atlas adoption → bullish long-term

2️⃣ CrowdStrike (CRWD)

* Revenue: $1.21B (+22%)

* EPS: $0.896 (+26%)

* ARR: $4.92B (+23%)Strong, but valuation stretched → still sold off after hours.

3️⃣ Marvell Technology (MRVL)

* Revenue: $2.08B (+7.5%)

* EPS: $0.76 (+76%)

* Data Center revenue: $1.01B (+29%)

* Q4 Guidance: 18.5% growth

Great report — but expensive. Best bought on pullbacks.

4️⃣ Salesforce (CRM)

* Revenue: $10.3B (+9%)

* EPS: $3.20 (+13.6%)

* Operating Margin: 35% (record!)Executes extremely well → but stock overextended short-term.

5️⃣ Snowflake (SNOW)

* Revenue: $1.2B (+27%)

* EPS: –$0.87 (loss persists)

* Product Revenue: 24% (decelerating)

* Guidance midpoint: 22%

Consumption slowdown → caution recommended.

6️⃣ UiPath (PATH)

* Revenue: $411M (+15.9%)

* EPS: $0.16 (+45%)

* ARR: $1.65B (+22%)

* Potential future acquisition target (Google?)

Strong report. Best accumulated on dips.

📅 Next Week’s Earnings & IPO Watchlist

Earnings:

* GME (GameStop)

* CASY (Casey’s)

* CHWY (Chewy)

* ORCL (Oracle)

* ADBE (Adobe)

* SNPS (Synopsys)

IPOs:

* Lumexa Imaging Holdings → AI diagnostic imaging

* Wealthfront Brokerage → Brokerage competitor (not compelling)

💰 My Trades This Week — $850 Total Options Income

Stock Income:

* V (Visa) dividend: $3.47

* UNH (UnitedHealth) sale: $15.21

* Cash interest: $22.25Total: ~$35

Options Income Breakdown ($811.50)

IBIT – Bitcoin ETF

Covered calls: +$41

NVDA – Nvidia

Covered call rotation: +$93

SPX – Iron Condor (0DTE):

* $70

ES Mini Futures – Iron Condors:

* $182.50

Silver Futures (SI):

Credit spread: +$300

NFLX – Netflix

Synthetic covered calls: +$149

🧠 Wealth Dome Takeaway

This week highlighted:• AI infrastructure = strong (MDB, MRVL)• Consumption-based models = weak (SNOW)• Cybersecurity = good fundamentals, bad sentiment (CRWD)• Silver = explosive trend developing• Options strategies = worked extremely well in volatility compression

We remain cautiously bullish heading into year-end.

📌 Tickers Mentioned:

MDB, SNOW, CRWD, MRVL, CRM, PATH, DG, SEDG, META, V, UNH, IBIT, NVDA, SPX, ES, SI, NFLX, BTC, ETH, ORCL, ADBE, SNPS, COST, AVGO, LULU, RH

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