The S&P 500 hits 6,500 for the first time in history.
Source: Brew Markets
🚨Hedge funds are dumping US stocks
Hedge funds sold $2.0 billion in single stocks and ETFs last week, bringing the 4-week average of selling to $0.5 billion. Interestingly, retail sold $0.9 billion, the 1st time in 8 weeks. Institutional investors bought $1.6 billion. Source: Global Markets Investors , BofA
The measure of intelligence is the ability to change
Source: Limitless Life @LimitlessLif3
Nvidia $NVDA CEO Jensen Huang just said this about China
"The China market, I've estimated, to be about $50 Billion opportunity for us this year" ... "you would expect it to grow say, 50% per year" "It is the second largest computing market in the world, and it is also the home of about 50% of the world's AI researchers, the vast majority of the leading open source models are created into China. And so it's fairly important, I think, for the American technology companies to be able to address that market." Source: Evan
Chinese stocks on track for the largest monthly inflow from Hedge Funds in history
Source: Barchart
The share of 0DTE (zero days to expiry) options volume on the Nasdaq index has climbed to nearly 80%.
For S&P 500 options, the 0DTE share has surpassed 60%. 0DTE market share has doubled in just 3 years. Source: Global Markets Investors, BofA
2 similar headlines in the same week... but by the way, could the imf rescue them at the same time?
Can they really afford it???
Nvidia $NVDA said sales to just one customer represented 23% of its total $46.7 Billion of revenue from the quarter‼️
Someone spent $10.75 Billion with Nvidia during the quarter 😨 Half of $NVDA data center revenues this quarter tied to just two customers - Most likely amazon $AMZN and microsoft $MSFT 🤔... Source: Evan
