Today's Market July 2023

:rofl:

MSFT makes a new ATH, joining AAPL and NVDA which have been making new ATHs in 2023.

Still bear market rally?

Asking the right person?

Speculation:
Smart monies are front-running the Nasdaq’s decision to cap the weightage of the magnificent seven. Gradually moving the monies from the seven to other smaller large caps and mid caps.

Did GS tank the market? Growth stocks :rocket: in the morning till I went to get grocery. Now most of my growth stocks are down?

The narrative that “it’s only a few tech names supporting the market” is not true anymore. People need to update their belief.

This chart illustrates this year’s improvement in breadth.

1 Like

A rare green shoot in a desert of red.

The red is started by…

@manch statement…

In addition to…

Yesterday, NFLX and GS crashed
Today, TSLA crashed.
Tomorrow?

A correction may have started.

How do red support market…

How come you don’t blame Elon and his worshippers?

:rofl:

Read again. I did. I just didn’t blame myself :joy:

The market is suddenly afraid of…

a. Reaccelerating of Inflation due to Urkaine war

b. Recession due to contagion from China

So is this a bull market correction or end of a bear market rally :face_with_peeking_eye:

:scream:

Market re-bouncing. QQQ re-balancing hangover is over?

Big week.
Earnings after the bell. GOOG and MSFT.
Tomorrow. META
Jul 26-27. FOMC

Next week.
Aug 3: AAPL and AMZN

Market: VIX is rising… potentially bearish.

Market is resilient.

Small and mid caps outperform large caps. Positive for a sustained bull market.

Crazy FCF! Zuck is swimming in money.

PM :rocket: after overnight digest of Fed rate hike.

Will AAPL and NVDA make new ATH soon?
AAPL ATH $198.23
NVDA ATH $480.88

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