NASDAQ bounced on range lows and the 50-day moving average, only to reverse near range highs.
Massive moves, but no new direction. In a market like this, chasing breakouts has been one of the most expensive trades around. Source: TME
The World's Trillion Dollar Stock Markets
🇺🇸 U.S. — $52.6T 🇨🇳 China — $11.5T 🇯🇵 Japan — $6.5T 🇮🇳 India — $4.4T 🇫🇷 France — $3.2T 🇬🇧 UK — $3.1T 🇸🇦 KSA — $2.9T 🇨🇦 Canada — $2.6T 🇩🇪 Germany — $2.2T 🇹🇼 Taiwan — $2.0T Source: The Market Mind @Market_Mind_
Announced IPOs have surged amid a wave of AI-driven equity issuance—including record IPOs from SpaceX and expected listings by OpenAI and Anthropic.
Source: @markets The daily shot Bloomberg
2026 YTD
-EM/International Stocks > S&P 500 -Value Stocks > Growth Stocks -Small & Mid Caps > Large Caps -Mag 7 in the Red The Reversal of Everything.... Source: Charlie Bilello
SpaceX surged to $229.40 on Robinhood, pushing its market cap to over $3 trillion during overnight trading, surpassing both Amazon and Microsoft.
SpaceX is currently trading at $213.59 after hours, up +11% from its closing price. $SPCX is up +58.2% from its IPO price of $135. Source: Bull Theory
SOX is up roughly 18% since the June 9 low.
In just a few sessions, we have gone from the bottom of the range to the top, bouncing off the steep trend line despite briefly trading below the 21-day moving average. The moves have been absolutely brutal. For larger players, reshuffling big books in an environment like this is close to impossible. An 18% move in five sessions in the world's hottest theme is actually crazy when you stop and think about it. Chasing SOX after an 18% rally in five sessions feels a little late. Fading it feels dangerous. Source: TME
Nvidia
Source: Investing.com
If you were looking for cross-assets correlation... Below chart is Hyperscalers vs token prices...
Source: Bloomberg, zerohedge
