@StockMKTNewz Canada's crypto scene is heating up. WonderFi already had a decent foothold here, so this feels like a smart shortcut for Robinhood rather than starting from scratch.
@amitisinvesting Feels like everyone's chasing the same names now. The broadening is nice but makes me wonder when the rotation hits stuff that's been dead money.
SaaS and Semis finally getting a bid together.
$MU hitting all time highs, $CRM breaking out...
While there are still deals that look cheap out there, it's starting to turn into a serious broadening which is VERY healthy but at the same time, if everything is pumping, the chances for everything to come down together also increase.
On red days for the past few weeks, a different sector would go green (if semis were red, $igv would be up) and vice versa. Now, it's back to a market where we may see all sectors participate based on broader market forces.
Big tech like $META $AMZN $TSLA are the ones getting hit the hardest along with consumer discretionary...which may end up being the deals that are out there and actually cheap.
It does feel like the street is finally seeing the potential of what Jensen has been saying all along, which is that software will be run by agents so you buy the SaaS companies AND the AI infra.