JUST IN: JP Morgan says Institutions bought the dip while Retail panic-sold aggressively.
Retail sold -$1 BILLION
-2.5 standard deviations BELOW the 12m average
Institutions bought +$14 billion
+2.9 std dev ABOVE the 12m average
Iโve traded for 6 years and tried everything:
- Penny stocks
- Smart Money Concepts
- RSI/MACD
-Supply/Demand
- ICT
This 3 step โBoxโ strategy beats ALL of them by a mile: ๐งต
The idea that NVIDIA is now more valuable than AAPL means something is dramatically mispriced. Either Apple's 400B in revenue and 125B in EBITDA is way too cheap, or NVIDIA's 60B in revenue and 30 in EBITDA is too expensive...
Cathie dumped $PLTR out of her top 20 positions over the last few months and today she added 1,967,732 shares after it gaps up 30%. She's an absolute joke of a money manager. Unbelievable.
Nearly three years ago (on 2/2/2021), $ARKK traded at $160. Last sale $49.
Cathie Woods does not merit discussion or interview - she has destroyed much more capital (and retail investors) than she made during the salad years. @ScottWapnerCNBC Why have her in the discussion?