Meta Platforms Stock (META)

It’s very interesting. I suppose Nvidia ($NVDA) is not too different than Strategy’s Michael Saylor. Does Nvidia run a business, or a stock? Is Jensen Huang a CEO or an equity market strategist and stock promoter? Jensen Huang is obviously brilliant. He knows nearly the whole sector is a circular financing that has become too …

Monday's market advance had some conspicuous and worrisome divergences: * Market breadth was poor and leadership continued to narrow (even more noticeably than in the past few days): * The VIX strengthened to 18.38 (+1.19). * Financials were noticeably weak. Homebuilders, restaurants (Shake ...

Breadth S&P 500 Sectors % Movers Nasdaq 100 Heat Map

From JPMorgan: US: Futs are higher. Pre-market, Mag 7 are mixed: AMZN +2.8%, META +0.6%, AAPL -0.4%. Apple announced its new CEO after yesterday’s close (John Ternus will become the CEO effective September 1st); AMZN announced it will invest another $25bn in Anthropic ...

* The market is balancing on a few stilts, hoping nobody notices (the high wire act) * It is Tom Lee's world... This week I sold out the balance of all of my technology (AMZN, META, MSFT, GOOGL) and financial longs (BAC, C, WFC, AXP, MS) on substantial ...