Episode Summary
TECH on fire – Bulls overjoyed!
Hedge Funds – Making some moves – Surprising
Year of Pharma?
To The Moon – Crypto Style
Valuations getting frothy?
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Warm Up
- Pays to Follow Pelosi!
- Landing on the Moon - then falling over
- Japan - something not kosher
- New See-through laptop screens
Market Update
- TECH on fire - Bulls overjoyed!
- Hedge Funds - Making some moves - Surprising
- Year of Pharma?
- To The Moon - Crypto Style
- Valuations getting frothy
Froth-a-Bubble- Icous?
- There is some concern at Apollo regarding a bubble in S&P 500
- The top 10 companies in the S&P 500 today are more overvalued than the top 10 companies were during the tech bubble in the mid-1990s, see chart below.
- Different makeup back in 1999 - but still of interest asa the S&P500 reaches levels (P/E) at the high end of the ranges.
- SEE LINK
Smart Money?
- Hedge funds piled into tech stocks in the weeks before Nvidia Corp. earnings. Now, they’re cashing out and selling at the fastest pace in seven months.
- Professional managers offloaded their positions for four straight sessions last week, including Thursday, the day after Nvidia posted results, according to data from Goldman Sachs Group Inc.’s prime-brokerage unit. The intensity of the selling ranks in the 98th
- he data suggests traders are booking profits on their tech wagers after a six-week buying streak and putting that extra cash into less volatile stocks, such as consumer staples.
- SEE LINK
Nancy!
- NEWS MONDAY: PANW - Palo Alto Networks shares hig