TSLA
Tesla
-- 355.840 NVDA
NVIDIA
-- 138.850 INTC
Intel
-- 23.600 NBIS
NEBIUS
-- 44.490 PLTR
Palantir
-- 119.160 A renewal of old concerns -- geopolitical issues, economic growth -- is driving the market to assume a risk-off stance of Thursday. In addition to the political situation in the Ukraine, the Philly Fed -- an important real-time gauge of the economy -- retreated in February. While the +16 reading remains in 'expansionary' territory (anything above '0'), the slowdown comes on the heels of a very strong January reading (+23) and against FactSet consensus expectations for a +22 reading.
The combination of increasing geopolitical concerns and the potential the economy may be slowing more than expected sent the VIX back up to 24, and drove a decline in equities as investors turned to bonds and gold -- both traditional investor perceived 'safe havens'.
Ferdinandy : aapl $170 in no time. $171 above close maybe even!