In case you missed it...
Oracle $ORCL is now approaching its largest drawdown in a decade Source: Shay Boloor @StockSavvyShay
Magnificent 7s Cash Position💰:
$MSFT: $102 Billion $GOOGL: $98 Billion $AMZN: $94 Billion $NVDA: $56 Billion $AAPL: $55 Billion $META: $44 Billion $TSLA: $41 Billion Patient Investor @patientinvestt
An incredible ride $GOOGL 🚀
Source: Trend Spider
🚀 Big Tech Is Carrying the Entire Stock Market — Literally
Alphabet ($GOOGL) has been the single biggest driver of the S&P 500 this year… accounting for 19.4% of the index’s entire YTD gain. That’s what happens when you add $1.3 trillion in market cap in 11 months. Right behind it? Nvidia ($NVDA): +16.0% contribution (+$1.05T) Broadcom ($AVGO): +$520B Microsoft ($MSFT): +$380B Together with the rest of the mega-cap giants, the top 10 stocks now make up 59.4% of the S&P 500’s total gain this year. Which means the other 490 companies combined contributed just 40.6%. Source: The Kobeissi Letter, econovisuals
Late November gonna late November?
Stocks bottomed on November 20 and have staged a pretty impressive three day rally. Exactly in line with normal seasonality... Source: Ryan Detrick, Carson
It may be a short week, but Thanksgiving week has traditionally been good for equities.
source : bespoke
Google $GOOGL is now up 15% since Buffett's Berkshire disclosed a $4B stake
Source: Michael Burry Stock Tracker ♟ @burrytracker
The correction of the US equity market turned 10 weeks old on Thursday.
Here's what the sector rotation we've seen looks like underneath the surface. Source: J-C Parets
