Google testing for a second time strong support
Google is still consolidating since January highs. It's approaching strong swing support level 135-137. Keep an eye on it. Source : Bloomberg
Just like Japan last year, yesterday, the Korean authorities have officially launched a corporate reform plan named the “Corporate Value-Up Program” in order to address the “Korean discount” issue.
Companies trading below book value have been asked to improve shareholders returns, albeit on a voluntary basis. Stricter measures could follow. For the time being, the country is benefiting from the semiconductor recovery cycle. Source : Bloomberg
Why Europeans are nervous about NATO without the US in one chart
Source: Michel A.Arouet
Four companies have accounted for over 90% of the market cap gains in the Nasdaq 100 this year.
Source: Bloomberg, Tavi Costa
Cocoa Hits All-Time High 🚨
Cocoa competing against Nvidia $NVDA to see which one can set the most of new all-time highs this year... Source: Barchart
Chasing Runner's High: Illustrating the remarkable four-year revenue growth of HOKA and On Running by Quartr -> www.quartr.com
HOKA, owned by $DECK and known for its signature maximalist cushion soles and colorful designs, has gained a strong following among both professional athletes and weekend warriors in recent years. The same goes for $ONON, another young running shoes challenger, known for its distinctive CloudTec soles. The patented technology offers a unique blend of cushioning and responsiveness.
BREAKING >>> THE NANCY PELOSI EFFECT ! Palo Alto Networks stock, $PANW, is now up 10% today after Nancy Pelosi bought call options on the stock.
The call options are reportedly worth up to $1.25 million. This comes just days after $PANW fell over 30% following their earnings results. Markets are effectively treating Pelosi's trades like an activist hedge fund took a stake in the company. Her track record on buying many large cap tech stocks at their lows, including $NVDA, is largely why... Is Nancy ‘Gordon Gecko’ Pelosi the new Cathie Wood ??? Source: The Kobeissi Letter
JUST IN: BlackRock’s Bitcoin ETF just broke $1 Billion in trading volume for the day!
Source: Bloomberg, Eric Balchunas, Bitcoin Archive
