KLetter

    Posted by steve on 15th of Feb 2024 at 07:32 pm

    The market cap of Nvidia, $NVDA, is now bigger than entire S&P 500 energy sector combined. 

    Just 2 years ago, the S&P 500 energy sector was roughly 5 TIMES bigger than Nvidia. 

    Meanwhile, the technology's sector weight in the S&P 500 is now at ~30%. 

    This compares to just 4% for the energy sector which has been on a steady decline. 

    Big tech is getting even bigger.

    It's exactly what has always

    Posted by DigiNomad on 15th of Feb 2024 at 08:19 pm

    It's exactly what has always been predicted about the disappearance of the middle class. We're watching it play out in markets. It's just hard to see when you're in the middle of it.

    Different topic - this type of thing has been happening a lot recently.  From what I can tell, the patterns often resolve eventually. However, they just are pushing past where typical stop losses would be before that happens...and then they take the shallowest route possible before resuming uptrend.  Probably AI driven. I mean, I'm definitely using AI to build out my scanners and scripts....have to imagine WallSt is all over it.

    Ask Bard to help you with TV scanner parameters in plain language and watch what happens. Get creative...Bard doesn't care.

    *I still have it bookmarked as "Bard" but it's Gemini now. 

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