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$NVDA NVIDIA Data Center literally off the charts.
Source: App Economy Insights
Is this really sustainable? We will find out more later today
Source: Markets & Mayhem @Mayhem4Markets
Nvidia $NVDA in danger of closing below its 100-day moving average for the first time since May
Source: Barchart
Late November is historically a strong time of the year. Is this year going to be different?
Source: Ryan Detrick, CMT @RyanDetrick
⚠️Retail investors are ALL-IN on US equities:
Individual investors' equity allocation hit 70.5%, near the highest since the 2000 Dot-Com Bubble burst. This is also in line with the 2021 meme stock frenzy peak. Their cash allocation remains historically low at 14.7%. Source: Global Markets Investors
Zombie Companies (businesses unable to cover their debt payments) have reached the highest level in almost 4 years 🚨🚨🚨
Source: Bloomberg
Credit spreads of the hyperscalers (red line - inverted) continue to widen out...and start to put donward pressure on AI equity basket (green line)
Source: Zerohedge
The spread between tech and Bitcoin is stretched to historic extremes.
Either $BTC reclaims ground, or $NQ has unfinished business on the downside. Source: Trend Spider
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