The biggest gamma squeeze in history ???
Source: zerohedge
The ARK Innovation ETF is up 37% this year.
The SP500 is only up 7%. Meanwhile, over the past 12 months, the S&P500 is up 14%. ARKK is up 60%. The short interest in ARKK right now is the highest it's ever been. Source: J-C Parets, Trendlabs
10 Years ago, JPMorgan had a lower market cap than Wells Fargo.
Today, its market cap of $800 billion is higher than its 3 largest competitors (BofA, Wells Fargo, Citigroup) combined. Too big to fail? We're way past that. Source: Charlie Bilello
London Stock Exchange Group is weighing whether to launch 24-hour trading as bourses race to extend access to stocks amid growing demand from small investors active outside normal business hours.
According to the FT ▶️ 🔴 The group is looking into the practicalities of increasing its trading hours, according to people familiar with the situation, from the technology required to regulatory implications. 🔴LSEG is “absolutely looking at it, whether it means 24-hour trading or extended trading”, one of the people said, adding that the exchange group was “having important commercial, policy and regulatory discussions” about the “ongoing topic”. 🔴 Pioneered in the US, longer trading windows have become a hot topic among exchange groups as they seek to modernise, spurred by the rise of younger investors who trade on their smartphones. 🔴 The 24-hour nature of cryptocurrency markets, where volumes are booming, has also led bourses to consider extending hours.
$10,000 invested in Netflix at its IPO in May 2002 is worth over $10 million today. $NFLX
Source: Charlie Bilello
Platinum jumps to highest price in 14 years
Source: Barchart
Dow Jones Industrials forms a Golden Cross for the first time since November 2023 🚨
The last one sent prices soaring 29% over the next 13 months 📈📈📈 Source: Barchart
Exactly at the same time last year, $ASML Q2 earnings miss ended the "AI" rally.
Will history repeat itself??? Source: Mac10
