This is definitely worth watching Another $11.8M worth of $HYPE was just accumulated by a whale today, bringing even more buying pressure into the market.
While price action can move either way, the fact that whales are still accumulating at these levels is a pretty interesting bullish signal. Something to keep an eye on.
The pressure is coming from multiple sides: oil just hit a 5-week high, September Fed rate-hike odds jumped to 66.4%, and the US 2-year yield touched an 18-month high.
Higher oil could keep inflation sticky, while rising yields make the Fed less likely to ease a pretty rough combo for risk assets. Markets are clearly feeling the pressure today.
It’s weird knowing there’s already information out there that you haven’t seen yet. By the time you find out, it might already be too late. Just make sure you’re early to the right information before the next bull run really gets going.
Tim Cook’s 15-year run at Apple officially comes to an end today. When he took over in 2011, Apple was worth around $350B. Today, it’s worth more than $4T.
That’s over $4T in market value added during his tenure. Not bad for the guy who had to follow Steve Jobs. Now the baton goes to John Ternus.
The interesting part starts here: can the next era match what Cook built? $AAPLB
$ZORA is looking pretty good here. I’ve marked out a few levels, and I’m watching that resistance area where we’ve seen the most rejection.
If ZORA breaks through with conviction, we could get another move higher. But if it gets rejected there again, that could be the signal I’m looking for to consider a short.
For now, I’m just letting the price action confirm the setup rather than forcing a trade.
$NVDAB might be cheaper than the market thinks. Bank of America says Nvidia could be trading at a 34%–50% discount to its estimated intrinsic value, while maintaining a Buy rating and a $350 price target.
The interesting part is that this comes despite all the concerns around AI spending and Nvidia’s aggressive investments across the AI ecosystem.
If BofA is right, the market may be pricing in too much risk around the AI boom while underestimating how strong Nvidia’s position really is. The question now is whether the market eventually closes that valuation gap. #NVDA