Nvidia $NVDA and Super Micro $SMCI accounted for more than $4 of every $10 traded among the top 10 most traded companies on Friday.
Source: Bloomberg, Beth Kindig
BREAKING: Super Micro Computer, $SMCI, has now lost one third of its value since the February 16th top.
In less than 2 full trading days, $SMCI has lost ~$20 billion in market cap. Still, the stock is trading at levels seen just 5 trading days ago. Even with the decline since Friday, $SMCI is currently up a massive 160% in 2024. Source: The Kobeissi Letter
On this day in 1959 the Dow Jones closed above 600 points for the first time ever
Source :history
The trend is your friend...
Source: Goldman Sachs, TME
Hmmmmm... Observations that provoke thought ?
One of these companies sells chips that power the world and the other sells sweatshirts to teenagers and young adults. source : kofin, tme
Mag 8: Could Eli Lilly $LLY be the first trillion dollar pharma stock?
$LLY price performance has significantly outpaced the Mag 7 YTD. Source: Factset, TME
We're currently witnessing the longest period of U.S. equity outperformance in history.
But there's a cycle to everything, and international diversification is perhaps more important today than ever before. Source: Peter Mallouk
If you don't know what a shooting star is here's one
Here's the daily chart of Super Micro SMCI. According to Japanese candlestick, it is usually followed by more downside. (this is not an investment recommendation) Source: Trend Spider
