Everyone is piling into USD positions right now. πΈ
Not too crowded yet, but heading that way if this buying momentum continues.
If the dollar does get super crowded here, keep an eye on the Euro and gold as winners when it eventually unwinds.
Nvidia's market cap every June since they went public:
1999: $500M
...
2023: $1T
2024: $3T
2025: $3.5T
2026: $5T π
Absolutely wild growth from a tiny startup to a $5 trillion giant!
Teradata, a big cloud software firm, just told all 5,100 employees no salary raises this year because they're moving money into AI investments instead. Pretty wild move.
Building AI models is crazy expensive β even Anthropicβs co-founder says itβs pushing companies like hers toward public markets for funding πΈπ
Chinese investors are pulling money out of Hong Kong stocks like crazy π
Hong Kong equity ETFs in China saw a record $3.7 billion in outflows last week β the biggest ever weekly loss.
That's 5 weeks in a row of outflows, 10 out of the last 12.
For comparison, the whol
Big news: The House just voted to limit Trumpβs power to keep fighting in Iran without Congress saying yes first.
Ended 215-208, with 4 Republicans siding with Dems.
@EasonCh96805294 Momentum trading sounds tempting when everything's jumping, but those algorithms can flip just as fast. Not sure I'd trust a quick learn to beat them.