Nvidia hard rejection.
Facing the first down week of 2024. pic.twitter.com/VuLG4tMbeF
— Mac10 (@SuburbanDrone) March 27, 2024
The stock of the week is Micron which posted a "surprise" profit this week and guided up on what else – AI. The interesting thing is that during this past year's melt-up, the stock was unprofitable EVERY quarter.
Now they post a small profit sending the stock vertical. So what… pic.twitter.com/ZnvZpUKjnN
— Mac10 (@SuburbanDrone) March 27, 2024
The only thing trading on Friday and this weekend will be Bitcoins.
That will test my hypothesis that Bitcoin ETF gamblers are also massively leveraged to AI stonks. pic.twitter.com/WMv4anxICR
— Mac10 (@SuburbanDrone) March 27, 2024
If we get a hot PCE this week, that will test my hypothesis that yields spike and markets implode. pic.twitter.com/vCFYoBRUXB
— Mac10 (@SuburbanDrone) March 27, 2024
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