The stock market closed the year with losses across major indices. The Nasdaq Composite, which surged 28.6% in 2024, fell by 0.9% from the previous day. The S&P 500 declined 0.43%, and the Dow Jones Industrial Average slipped 0.07%, while the Russell 2000 outperformed slightly, ending 0.1% higher. We continued to see profit-taking in mega-cap stocks, these activities contributed to the overall ...
We continued to see a strong day for big tech stocks as they continued its strength to power ahead on Tuesday (24 Dec). Megacap was higher led by$Tesla (TSLA.US)$Broadcom Inc. and Advanced Micro Devices Inc. climbed as President Joe Biden’s team launched a probe into Chinese-made chips. In a shortened pre-holiday session, the S&P 500 closed with an advance of over 1% amid thin trading volume. If we looked closely at the sem...
Dan’l
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Thank you for sharing your insights, and I hope for your continued successes, both in the markets and life in general. One thing I tend to forget, when comparing numbers, is to factor in all the ugliness: inflation, and devaluation.
Dan’l
:
Thank you for sharing your insights, and I hope for your continued successes, both in the markets and life in general. One thing I tend to forget, when comparing numbers, is to factor in all the ugliness: inflation, and devaluation.
Investors are heavily buying into the new hottest momentum power play chip stocks, like Broadcom, Micron, and Marvell, which are gaining market share. While they’re buying Tesla$Tesla (TSLA.US)$shares in droves, which sent Tesla shares up 6.1% overnight to $463.02 after it unveiled details of its gaming changing cheapest EV yet. While Bit...
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We continued to see profit-taking in mega-cap stocks, these activities contributed to the overall ...
Megacap was higher led by $Tesla (TSLA.US)$ Broadcom Inc. and Advanced Micro Devices Inc. climbed as President Joe Biden’s team launched a probe into Chinese-made chips.
In a shortened pre-holiday session, the S&P 500 closed with an advance of over 1% amid thin trading volume. If we looked closely at the sem...
as long as we stay above the weekly 200ema around 87/88$ then I expect this inverse H&S to play out, been adding on any pullbks sub 93
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