Speculative tech over large cap tech is making a come-back
Source: The Strazza Letter
Chocoladefabriken Lindt & Spungli in a Massive Triangle for 32 Months
Chocoladefabriken Lindt & Spungli (LISP SW) has been in a long-term triangle pattern since March 2022. Currently, there are no signs of a breakout in either direction. The range is now 9880-11330, and the price is currently at the lower band. Keep an eye on the market for potential developments. Source: Bloomberg
A great visual by Linas Beliūnas on Brazil's FinTech giant Nubank which just reached 100 million customers in Brazil or ~57% of the adult population in the country 😳
Here are the numbers: 👥 >105 million customers globally (+20.8M Year-over-Year) 🌍 It's now the largest digital banking platform outside of Asia 🇧🇷 It's now the 4th largest financial institution in Latin America 💰 $25.2 billion worth of deposits (+64% YoY) 💸 $2.8 billion in revenues (+65% YoY) 🤑 $487 million in profit (+134% YoY) What is truly exceptional for NU is the following: despite serving more than 105 million customers, its monthly average cost per active customer still remains at $0.9 !!!
🍕 BREAKING: Domino's Pizza stock, $DPZ, soars over 8%
after Warren Buffett discloses new position in the company...
RFK JR. TO BE TAPPED TO “MAKE AMERICA HEALTHY AGAIN” AS HHS SECRETARY
President-elect Donald Trump will nominate Robert F. Kennedy Jr. as secretary of the Health and Human Services Department. RFK Jr., who is a vaccine skeptic and conspiracy theorist, is the son of the late Sen. Robert F. Kennedy, and the nephew of former President John Kennedy. Kennedy, a long time advocate for medical freedom and health, is set to join the administration with a commitment to “shake up” the health system and prioritize Americans’ well-being. Trump’s selection of Kennedy came a day after the Republican president-elect tapped Florida Rep. Matt Gaetz as attorney general.
Moderna is getting absolutely smacked (-7%) on the news that Trump is nominated RFK Jr to lead HSS $MRNA
Source: Bloomberg
Higher than expected US PPI + Powell's remarks yesterday sent rate-cut expectations notably lower - December less than 50-50 now...
Source: Bloomberg, www,zerohedge.com
Current gold price pattern is similar to that seen in 2016's "sweep republican victory"...
Source. www.zerohege.com
