Surprise surprise... The Magnificent 7 have underperformed the S&P 500 market-cap and equal-weight indexes this year.
That pushes back on the narrative that the bull market is top-heavy. Breadth continues to expand and the rally isn't as fragile as the bears say. Source: Phil Rosen
HERE ARE THE 10 MOST VALUABLE STOCK MARKETS IN THE WORLD
Source: Evan, Yahoo Finance
Over NT$82,000,000,000,000 ($2.57 TRILLION) has been added to Taiwan’s stock market in 2026 alone as it explodes 52% YTD.
Source: Bull Theory
The Nasdaq 100 closed >30,000 for the first time ever; 30,001.32 (+1.8%). (Clone)
Source: Lin @Speculator_io
The Nasdaq 100 closed >30,000 for the first time ever; 30,001.32 (+1.8%).
From 126.22 points at its start in 1985 to 30,000 today. That's a 28,756.38% total return, or 14.7% annualized; for 41 straight years. Compounding is the eighth wonder of the world. Source: HolgerZ, Bloomberg
Enhanced Games stock crashed -52% today, two days after holding its first ever event.
The entire company was built on one idea: let athletes use drugs freely and watch them smash world records. It held its first competition on May 24 in Las Vegas. Only one world record was broken across the entire six hour event. Fred Kerley, who predicted Usain Bolt's 9.58 world record would get "destroyed," ran 9.97, a time that would have placed him last at the Paris Olympics. He had to be placed in the starting blocks four times because of false starts and untied shoes. 91% of athletes used testosterone, 79% used human growth hormone, 62% used stimulants. And they still lost to natural athletes. The stock is now down 81% in the last 19 days. It was valued at $1.2 billion just months ago and is now trading at $2.92. Source: Bull Theory
Micron just hit $1 Trillion market cap for the first time in history and becomes the 10th-largest U.S. company
$MU Micron is up 18% yesterday alone. A year ago this company was worth $60 billion. Today it crossed $1 trillion. That is a 1,350% move in just 413 days. UBS nearly tripled its price target from $535 to $1,625, citing explosive AI memory demand and a global memory shortage that is allowing Micron to raise prices at will. Every Nvidia chip needs memory chips to function. Micron makes those memory chips. Source: Bull Theory, Stocks World
Semi-conductors are going vertical. The SOX index is up 18% from the “momentum” washout lows just a few sessions ago.
The bounce off the 21-day moving average has been nearly perfect, although the current upside panic is starting to look increasingly extreme. SOX monthly RSI is now at 87, the highest level since the dot-com bubble. Source: TME
