Going into this past week, the highest Nvidia daily call volume was 5 million set in March of this year.
This past week, it surpassed that record four times.
The highest call volume on record was Friday, almost 10 million.
I think we're seeing PEAK AI. pic.twitter.com/Uy36eqjJ5N
— Mac10 (@SuburbanDrone) June 16, 2024
https://twitter.com/MichaelAArouet/status/1802658401056367089
Core Systems at/near Major Sell signals – with *significant* room to decline.
Tied for most extreme overbought in 10+ years.
Monitoring for turn down. pic.twitter.com/nfVn6oofkL
— Macro Charts (@MacroCharts) June 17, 2024
https://twitter.com/MFHoz/status/1802084013147885804
This is incredible:
Only 30% of the S&P 500 stocks have outperformed the index year-to-date.
This is slightly higher than the 29% that occurred in 2023.
Since 1990, a streak of 2 consecutive years with such a low percentage has happened only during the 2000 Dot-com bubble.
By… pic.twitter.com/oGjfjTCLF8
— The Kobeissi Letter (@KobeissiLetter) June 16, 2024
All bubbles have three things in common:
1. This time it’s different
2. They go much higher than one would ever assume
3. They eventually painfully burst
What did I miss? pic.twitter.com/Lbk5sVi6MA
— Michael A. Arouet (@MichaelAArouet) June 16, 2024
The 10 largest stocks in the S&P 500 now account for 37% of the market’s total capitalization, far exceeding the prior peak of 26% in 1999. But the top 10 are the top 10 for a reason, SRP says: 10 largest stocks today also account for 31% of S&P’s total net income, w/an avg… pic.twitter.com/XEUMbqotWh
— Holger Zschaepitz (@Schuldensuehner) June 16, 2024