Friday, December 13, 2024

Tag: Best Week For Bullion In 2024 As Mega-Caps Melt-Up On Bad Breadth

Best Week For Bullion In 2024 As Mega-Caps Melt-Up On Bad Breadth

from ZeroHedge:

Ok, so everyone knows, NVDA is awesome, topping $2 trillion in market cap intraday this week (after a $2BN hike above consensus)…

…but today saw a smidge of profit-taking…

MAG7 stocks were obviously up on the week (the sixth in the last seven), but today’s weakness took the basket back below its prior record high…