Warren Buffett’s Current Portfolio
Source: Barchart
The Semiconductor Index, $SOX, relative to the S&P 500 has once again exceeded Dot-com bubble levels.
The Semis vs S&P 500 ratio has roughly doubled in just 2 years. This comes after a massive semiconductor sector rally of 85% compared to a 35% gain in the S&P 500. The rally has been led by NVIDIA, $NVDA, which has seen a 560% surge during this time. Meanwhile, the top 10% of stocks in the US now reflect ~75% of the entire market, the most since The Great Depression of 1929-1939. Source: The Kobeissi Letter, Bloomberg
Satoshi Nakamoto on Lost Bitcoin
Source: Bitcoin Memes
Be patient
Source: Trung Phan
Commodities today...
Source: Markets & Mayhem
Inflows to equities accelerated to +$12.88bn (largest in 2 months) this week.
via BofA
The world's top 10 R&D spenders by Quartr
Did you know that $AMZN has spent more on R&D over the last twelve months than $GOOGL and $AAPL combined?
LVMH Approaching an Interesting Zone
LVMH (MC FP) has consolidated 17% since the March highs. It's now filling in the January earnings gap zone between 690-730. It has also reached the 61.8% Fibonacci retracement level and is in the discount zone for prop traders. The major long-term support swing low is at 644. Keep an eye on this stock over the next few days. Source : Bloomberg
