The bad 30 year bond auction did not deter the buyers in the stocks today. There is too much momentum today.
The major indices are trading to new highs:
- Dow industrial average is currently up in 635 points or 1.64{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea} at 39398.23. The high Price reached 39433.52.
- S&P index is up 117.5 points or 2.225{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea} at 5316.88.The hybrids reached 5318.96
- NASDAQ index is up 464 points or 2.88{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea} at 16660. The high price reached 16664.15
Looking at the Magnificent 7:
- Meta Platforms, +3.25{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Apple, +1.94{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Amazon, +1.96{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Nvidia, plus a 6.02{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Alphabet, +22.78{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Tesla, +4.22{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea},
Some other big winners today:
- Palantir +10.9{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Shopify, +7.10{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Broadcom, +6.59{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Lam research +6.24{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Micron, +6.07{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Snowflake, +5.71{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- Qualcomm, +5.50{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
- General Motors, +5.5{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
Bitcoin is up 8.04{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}, and that has Grayscale Bitcoin Trust ETF up 8.44{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea}
