Utilities Destroying Mag 7 in 2024?
Utilities $XLU +27% Amazon $AMZN +21% QQQ +16% Microsoft $MSFT +15% Apple $AAPL +13% Google $GOOGL +13% Tesla $TSLA -9% Source: Lawrence McDonald @Convertbond, Bloomberg
Visa, Mastercard, and American Express' FCF per share and share price over the last decade.
10Y Total Return CAGR: $V Visa: 19.1% $MA Mastercard: 21.4% $AXP American Express: 13.1% Source: @KoyfinCharts
Here’s what you actually buying when you invest $1,000 in a Nasdaq 100 ETF $QQQ:
$AAPL - Apple - $90 $MSFT - Microsoft - $83 $NVDA - Nvidia - $77 $AVGO - Broadcom - $52 $AMZN - Amazon - $51 $META - Meta - $48 $GOOGL - Google - $47 $TSLA - Tesla - $29 Remaining 92 stocks: $523 Source: The Future Investors
IS NVIDIA'S CEO OFF-LOADING HIS SHARES?
The dump took place on September 10th and 11th.Since the start of July, Jensen Huang has sold over 4 million shares worth ~$500 million. Huang still holds ~3.50% of the chipmaker's stock. Source: Global Markets Investor, zerohedge
In case you missed it...
Intel & Amazon just Announced an Extended Multi Year Multi Billion Dollar Partnership. $INTC 📈 was up +10.85% in after hours Source: Trend Spider
The top 10 largest stocks in the world are now worth a combined $19.17 Trillion up from $18.18T last week
Source: Evan
China bulls are getting tired of waiting
Source: Bloomberg
Goldman Sachs strategists say stocks unlikely to sink into bear market
Source: Bloomberg
