Latest ⚡️Flash Insights from @MarkNewtonCMT:
I'll be back on Tuesday and am still away, but wanted to relay some thoughts on Equities for a quick afternoon Flash Insight. $SPX largely weak today given Large-cap Technology and Large-cap Discretionary while seven sectors out of 11 are positive today. Not a big deal technically and as hourly $SPX charts show below, this has not broken the short-term trend which intersects near 6400. Minor stabilization in the next hour could produce a possible bounce into the close, but might be susceptible to another backing and filling Tuesday before pushing back higher to new highs. $SPX lies just 8 points away from where it closed last Friday, at current levels, so largely an "unchanged" week with not much progress in either direction.
Big news today concerns Silver and Gold both pushing higher aggressively and are both technically attractive for the next couple months.
At present, here is hourly $SPX chart showing how today's pullback fits into the larger pattern. Have a great long weekend All!
@itsALLrisky@TeslaGong@mishaboar@DogecoinFdn Possibly. Bitcoin was conceived at a time of relatively low bandwidth & high latency. If both continue to improve substantially, we will reach a point when no second layer is needed.
When you buy $10,000 of Tom Lee's new Granny Shots ETF $GRNY here's how much of every stock you're buying @fundstrat
$364 of $AXON
$341 of Tesla $TSLA
$297 of Johnson Controls $JCI
$294 of CrowdStrike $CRWD
$290 of Oracle $ORCL
$289 of Eaton $ETN
$286 of Palo Alto $PANW
$286 of Leidos $LDOS
$284 of Quanta $PWR
$284 of CBRE Group $CBRE
$283 of Ingersoll Rand $IR
$283 of Goldman Sachs $GS
$281 of Netflix $NFLX
$281 of Google $GOOGL
$278 of Garmin $GRMN
$278 of Costco $COST
$278 of BNY Mellon $BK
$278 of $AMD
$277 of Progressive $PGR
$277 of Cadence $CDNS
$276 of Nvidia $NVDA
$275 of Intuitive Surgical $ISRG
$274 of American Express $AXP
$274 of Apple $AAPL
$273 of Amazon $AMZN
$272 of Facebook $META
$271 of JPMorgan $JPM
$270 of TransDigm $TDG
$270 of Microsoft $MSFT
$266 WW Grainger $GWW
$263 of Caterpillar $CAT
$257 of Arista $ANET
$241 of Booking $BKNG
The governor of California just made this parody video illegal in violation of the Constitution of the United States.
Would be a shame if it went viral.