Current Market Drawdowns: $SPCX (SpaceX) -36% $PLTR (Palantir) -48% $NFLX (Netflix) -35% $GOOGL (Google) -17% $ORCL (Oracle) -56% $MSFT (Microsoft) -37% Everyone wanted a dip buying opportunity, & it’s now officially here. Take full advantage, or you’ll miss out again…
Current Market Drawdowns: $SPCX (SpaceX) -36% $PLTR (Palantir) -48% $NFLX (Netflix) -35% $GOOGL (Google) -17% $ORCL (Oracle) -56% $MSFT (Microsoft) -37% Everyone wanted a dip buying opportunity, & it’s now officially here. Take full advantage, or you’ll miss out again…
🚨 SOUTH KOREA JUST HIT THE PANIC BUTTON. The KOSPI crashed over -8%, triggering a market halt and wiping out roughly ₩400,000,000,000,000 from Korean stocks.
🚨 SOUTH KOREA JUST HIT THE PANIC BUTTON. The KOSPI crashed over -8%, triggering a market halt and wiping out roughly ₩400,000,000,000,000 from Korean stocks.
Long post, but some thoughts on what happened in the market today… Today was a particularly weird storm of price action because the logic going into the open was as follows: - $MU crushed, saved the AI trade - AI stocks should go higher due to MU proving its not cyclical, this should help the broader market get a lift Instead, what we got right before the open… - $AAPL announces massive price hikes and effectively uses MU earnings to be like, “See! It’s not us, but if memory gets 86% margins, then we have to raise prices!” - This happens right after the hottest PCE in 3 years is reported, even with oil (the biggest proponent of inflation the past few months) still coming down - Microsoft then joins the party and raises prices across all XBOX products, once again citing memory costs Market
Long post, but some thoughts on what happened in the market today… Today was a particularly weird storm of price action because the logic going into the open was as follows: - $MU crushed, saved the AI trade - AI stocks should go higher due to MU proving its not cyclical, this should help the broader market get a lift Instead, what we got right before the open… - $AAPL announces massive price hikes and effectively uses MU earnings to be like, “See! It’s not us, but if memory gets 86% margins, then we have to raise prices!” - This happens right after the hottest PCE in 3 years is reported, even with oil (the biggest proponent of inflation the past few months) still coming down - Microsoft then joins the party and raises prices across all XBOX products, once again citing memory costs Market
$SPX can do something tomorrow it has not done since April 15th-19th 2024. And that is have what I call an immaculate week, where the entire week is all red. What happened afterwards then? Index popped 2.5% next 3 days. Fwiw.
$SPX can do something tomorrow it has not done since April 15th-19th 2024. And that is have what I call an immaculate week, where the entire week is all red. What happened afterwards then? Index popped 2.5% next 3 days. Fwiw.
BREAKING: Iran has attacked a Singapore-flagged cargo ship in the Strait of Hormuz, per US officials. The attack took place near the coast of Oman after the Iranian Navy warned ships not to use routes through Hormuz that have not obtained Iranian approval.
BREAKING: Iran has attacked a Singapore-flagged cargo ship in the Strait of Hormuz, per US officials. The attack took place near the coast of Oman after the Iranian Navy warned ships not to use routes through Hormuz that have not obtained Iranian approval.
$SPCX IPO kinda following the $TSLA IPO playbook so far. Initial pop, followed by a dip back to IPO price. Then stabilization. If SPCX is to continue TSLA’s pathway, we will see a massive pop back to ATH’s later in Nov/Dec. Funny how both IPO’ed same month in June too.
$SPCX IPO kinda following the $TSLA IPO playbook so far. Initial pop, followed by a dip back to IPO price. Then stabilization. If SPCX is to continue TSLA’s pathway, we will see a massive pop back to ATH’s later in Nov/Dec. Funny how both IPO’ed same month in June too.
$META in a bear market $MSFT in a bear market $TSLA in a bear market $AMZN almost in a bear market $NVDA almost in a bear market $GOOGL almost in a bear market $AAPL in a deep correction
$META in a bear market $MSFT in a bear market $TSLA in a bear market $AMZN almost in a bear market $NVDA almost in a bear market $GOOGL almost in a bear market $AAPL in a deep correction