I wonder if the same people who lost 7,8, 9% on $SPCE are the same people who think the worlds coming to an end when the #SP500 is down 5% from the top. #SPACEX
After a large daily range on Friday, so far the #SP500 is putting in an inside day. a key rejection of the 20D EMA and underbelly of the 50% retracement marker from the last run up has me a tad concerned, but no need to be overly worried unless price cracks yesterday low, its still a ways down to the 50D SMA. $SPX $SPY
"Twice in ten years, the market had stolen 1/2 of everything they’d built." I was there when buy and hold broke people. If you are doing it and you think its just how the #market works then you havent been around long enough. Read if you want perspective:
https://t.co/Fqz5uayzCF
Breadth in the #SP500 coming back intot he market. New Highs outpacing New Lows and the Percentage of stocks over their 20D EMA up over 50%. Its a #Bull market you know!
The 17% gain in the S&P 500 over the last 8 weeks is the 20th biggest 8-week gain for the index since 1950.
What has happened in the past following the biggest short-term rallies?
Above-average forward returns (+27% average over the subsequent year vs. +11% in other periods).
there are 109 mid-cap (and smaller) stocks hitting the 52-week new highs list today...
there are 111 mid-cap (and smaller) stocks hitting the 52-week new lows list...
#HighLowShow#marketUpdate#investing
$NVDA After hours price action generally within range, last candle includes the after hours action. Will be watching tomorrow.
Earnings (Perplexity):
Q1 FY2027 revenue reached $82 billion, up 85% year-over-year and 20% sequentially.
Q2 FY2027 revenue guidance is $91 billion, driven primarily by data center growth.
Nvidia forecasts $1 trillion in Blackwell and Rubin revenue from 2025 through calendar 2027.